Bulbrokers - Stock Market Daily Review - Aug 11, 2010.

U.S. shares erased some losses after Fed's meeting

In the second day of the week U.S. indices started the session with a strong decrease after economic announcements disappointed the market participants.Non-farm productivity in the second quarter reported a 0.9 percent decline, which missed the forecasts for increase by 0.3 percent. The unit labor costs for the same period were also not satisfying the expectations of the analysts, rose by 0.2 percent compared to 1.5 percent expected.Later in the day the U.S. Federal Reserve shake the markets, as it announced plans to stimulate the economy by reinvesting principal payments on mortgage securities into Treasuries. Fed …