The Traderszone Network

Published in TZ Latest News 5 May, 2014 by The TZ Newswire Staff

Stocks Recover Early Losses; Tesla Gains Ahead Of Earnings

Major averages got off to a shaky start Monday, but it didn’t take long for buyers to gain control. Stocks fought back to mostly unchanged about two hours into the session. A better than expected reading from the Institute for Supply Management’s services index was offset by weak manufacturing data in China and continued uncertainty in Ukraine. The Nasdaq lost 0.9% early but rallied back to a 0.1% gain.

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