Market reports reveal that the economy is moving forward and growing at a
moderate pace. Inflation however is on the minds of many and data reveals that
the high price of commodities is being shared with consumers by national
retailers. The primary index composites in the United States finished yesterdays
session in the green across the tracking board. The Dow was higher by .07
percent. The S&P 500 was higher by .16 percent and the Nasdaq was higher by .39
percent. Today will be a busy day as usual for economic reports. First time
claims for unemployment will post this day and are expected to drop modestly
lower. Earnings reports this day will stem from H.J. Heinz, Kroger,
Wendy's/Arby's Group and Anheuser Busch among others. On Friday,
February's job report will post. Economist expect that jobs will be added.
This report by the government is an important one and investors will be acutely
aware of the results and market reaction. The economy has been moving in a
positive direction but positive data from this report would be very beneficial
for investor confidence. Currently, market tracking prior to opening bell
reveals that stock futures are posting in the green. The S&P 500 is green by .68
percent. The Nasdaq is green by .55 percent and the Dow Jones Industrial Average
is green by .57 percent. Author: Frank Matto
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