1. Also, Wall Street traders rarely react to the credit report because it comes with a two-month lag. 2. Bond prices also fell sharply, pushing interest rates higher as traders reacted to the possibility of a more restrictive monetary policy. 3. Bond traders usually react sharply to anything that smacks of higher inflation by selling bonds, driving down their price and pushing up effective interest rates. 4. But other traders reacted optimistically and bought stocks, mostly technology issues in the Nasdaq market. 5. But traders reacted by pushing prices up, because the comments suggested that there may be little quick relief for replenishing lower crude-oil supplies available to refiners. 6. Chicago soybean futures prices closed firm Friday, as traders reacted to a report of rising exports and forecasts for continued dry weather. 7. Early gains in soybean prices were erased as traders reacted to signs that demand could slow. 8. Early gains in soybean prices were erased as traders reacted to signs that demand is slowing. 9. Japanese bonds fell, as traders reacted to a statement by a senior finance ministry official that bond yields are too low and investors should be considering stocks. 10. Monday was the first opportunity for traders to react to the data because the market was closed for Good Friday. |