The major market index composites in the United States ended the last session
in the green. Economic reports posting during the last session were positive and
helped to keep trends green throughout the course of the trading session. Data
yesterday suggested that private employers added over 200,000 jobs during March.
Crude oil settled lower and the dollar gained versus a basket of other
currencies. It was a positive end of day close and sets up nicely for the last
day of trading in March. will bring the government's data on weekly jobless
claims. The claims dropped last week but are expected to rise higher this week.
In addition to this report on Thursday, the Chicago's Purchasing Managers
Index for March is scheduled to post this day via the Institute for Supply
Management-Chicago. The Labor Department will post the jobs report on Friday.
This report is viewed by many to be the most important of the week and thus all
eyes and ears will be focused on relevant data and posts. In addition this day,
the Supply Management's March manufacturing index report is scheduled to post.
For today, stock future tracking prior to opening bell reveals that stocks are
positioned for gains. Pre-market trading futures posted green across the board.
The Dow Jones Industrial Average was higher by .07 percent. The Nasdaq was
higher by .16 percent and the S&P 500 was higher by ,11 percent. Author: Frank
Matto
No comments:
Post a Comment