US Markets Rebound Despite Spain Rate Cut, OPEC Decision (DELL, AOL)

Markets rebound Thursday despite a few concerning economic events. Moody's (MCO) cut Spain's debt rating, sending the nations borrowing costs through the roof and putting more pressure on the European Union and European Central Bank to provide relief. OPEC announced they would keep oil production at its current level, despite the dwindling US supply. In corporate news, Dell (DELL) shares rose after paying out its first ever dividend on Wednesday as the computer maker looks toward the future.
In other tech news, AOL's (AOL) CEO gets re-elected, a move that has angered investors.

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Published on Jun 14, 2012
By InvestorGuide Staff

Copyrighted 2016. Content published with author's permission.

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