BRIEFING.COM] The stock market made an effort Monday to extend last week’s big gains. It scored some success early on, but buyers eventually backed off and the major indices closed the session with modest losses.The technology sector (+0.3%) provided the early leadership. Brokerage upgrades of Motorola (MOT 18.05, +0.16) and EMC Corp. (EMC 20.51, +1.48), and the outperformance of Microsoft (MSFT 29.08, +0.43) ahead of tonight’s release of the popular “Halo 3″ videogame and amid media reports that it is interested in taking a stake in social-networking startup Facebook, helped […]

The biggest debate in the currency markets at the moment surrounds what the Federal Reserve will do on September 18th. We expect the upcoming interest rate decision to create a great volatility in the financial markets because with less than a week to go, economists and traders have yet to reach a consensus on how much the Federal Reserve will lower interest rates, if at all. According to the 117 economists surveyed by Bloomberg, 69 percent expect a quarter point cut, but according to a DailyFX Poll of 255 voters, […]