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Market tracking revealed that the major market index composites finished mixed as of yesterday’s 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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