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US Stock Futures Steady Ahead Of Economic Data;Dollar Weakens

By: Decomposed in ROUND | Recommend this post (0)
Fri, 27 May 11 4:22 PM | 160 view(s)
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This story labels futures as "steady." Another I could have posted calls them "flat." Funny how different words that mean almost the same thing can give such different impressions!

Home data that's about to be released will tell the tale for the markets today. 

US Stock Futures Steady Ahead Of Economic Data;Dollar Weakens


By Polya Lesova, wsj.com

U.S. stock futures hugged the flat line Friday, as investors remained cautious before the release of housing and consumer-sentiment data and the long holiday weekend.

Futures on the Dow Jones Industrial Average gained 1 point to 12410, and those on the Standard & Poor's 500 Index were virtually unchanged at 1327. Nasdaq 100 futures edged up 2.25 points to 2327.50.

On Thursday, the blue-chip Dow index finished marginally higher.

Caution dominated sentiment early Friday.

Full story: http://online.wsj.com/article/BT-CO-20110527-705384.html




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months




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