Texas instruments Inc.(NYSE:TXN) is a leading semiconductor stock that is trading higher by 0.41 cents to $33.76 a share. The stock has pulled back from its first hour high of $34.12 a share. Traders can watch for short term intra-day support around the $33.50 area. This level should see a small bounce.

Cliffs Natural Resources Inc.(NYSE:CLF) is a leading iron ore pellet producer. The stock is trading higher today by $1.81 to $94.55 a share. The move higher comes as the U.S. Dollar Index has sold off sharply and many commodity stocks are catching a bid higher today. Short term traders should watch the $95.20 and $96.00 levels for intra-day resistance.

Thin trading conditions and economic reports led to a “roller-coaster” type trading session in the Euro on Tuesday. The European single currency rallied on a better than expected German jobs report, topped on strong U.S. Consumer Confidence data then, after trading sideways throughout the mid-session, drifted lower into the close following the release of the Fed minutes.

Equity markets finished nearly unchanged on Friday after a volatile and tumultuous trading session. The indices weakened in premarket trading following a surprise move by China’s central bank to curb excessive credit demands. Recent data has shown that China’s economy may be heating up too fast which could lead to an asset bubble in the real estate and housing markets.