Market tracking revealed that the major market index composites finished mixed
as of yesterdays session close. The Dow Jones Industrials finished the last
session in the United States lower by 37.28 points. Oil prices continued to
trend higher during the last trading session and he Commerce Department reported
that home sales continued to decline. Along with negative index trending, the
dollar fell lower to the euro and the Japanese yen. Today, the University of
Michigan will post its reading on consumer sentiment. Another reading on the
U.S.'s fourth quarter gross domestic product will post as well. This report
will measure the total of goods and services active in our current economy.
Estimates for this reading are skewed towards moderate growth. JCPenny is among
the companies scheduled to release earnings reports on the last trading day of
the week. Currently, market tracking prior to opening bell for the first day of
trading this week reveals that stock futures are posting . The Dow Jones
Industrial is green prior to opening bell by .48 percent. The Nasdaq is positive
by .75 percent prior to the start of the trading session. The S&P 500 was
trending in positive territory by .55 percent prior to opening bell for the last
trading session this week. Author: Frank Matto
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