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Stocks ended mixed on Friday as investors attempt to sort through a variety of reports and predict how the economy will respond. Currency tensions were reported at the G-20 summit in South Korea, a continued line up of corporate quarterly earnings and a decline in jobless claims. At opening bell on Monday stocks are set to rise. G-20 leaders report no specific plans in place at this time to keep trade in balance but agree to avoid using currency differences to gain advantage. Investors await more quarterly earnings reports as well as the results of midterm elections. Radio Shack reports a 23% increase in third quarter earnigs to $46 million. Texas instruments is scheduled to release it’s quarterly report today with analysts anticipating profits. So far corporate quarterly results have exceeded expectations and investors hope that this trend will continue. The National Association of Realtors is scheduled on the economic calendar today to release its report on existing homes sales for September. Economists anticipate an increase in sales from 4.13 million to 4.25 million. Approaching mid day the market indices are all in the green. NASDAQ is up 23.71 points or 0.96% to 2503.10. DJIA is up 102.78 points or 0.92% to 11235.34. S&P 500 is up 11.48 points or 0.97% to 1194.56. The dollar is down as well as the Treasurys 10-year yield currently at 2.50%. Crude oil is up 1.45 to $83.14 a barrel. Author: Pamela Frost
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