Stocks ended last session in the green after overcoming a flat start. The index
composite outcomes from last session were not enough to overcome the negative
action from sessions earlier in the week. The Dow Jones Industrial Average,
Nasdaq and S&P 500 ended the last session green though and investors are hoping
that will continues this week. As we move into a new week, investors are
anxiously observing opening trends and how the news out of the Middle East will
affect market outcomes. So far, indexes are still up for the year. Monday will
open with processing of additional reports relating to the constantly changing
news stemming from the disaster in Japan, but also developing conflicts
happening in the Middle east. Oil prices will be a focal point ounce again and
inflation potentials will continue to remain a concern. World economic reports
will be the focal point throughout Mondays trading session. On Tuesday, a report
on imports and exports will post and prior to opening bell, the Empire
Manufacturing Survey is due. Housing market data will post this day as well via
the National Association of Home Builders report scheduled. Economists
anticipate that this report will be slightly better this month than last. Along
this same vein, the February housing starts and building permits report will
post during the first half of trading on Wednesday. In addition to this report
Wednesday, the Producer Price Index will post via the Commerce Department. The
Producer Price Index is a measure of wholesale inflation and is expected to have
bumped up slightly. Thursday will be a busy day for economic reports. The
governments weekly report on initial jobless claims is scheduled this day. It
rose last week but is expected to have dropped from the previous weeks numbers.
In addition to this report, the U.S. consumer price index will also post and
this report will provide data on inflation. The price index is expected to have
risen. Adding to the flurry of information this day will be the Philadelphia Fed
Index for February which is a regional reading on manufacturing. Friday
reporting will be minimal and the momentum created earlier in the week will help
to support trending on the last trading session of the week. World news
developments will help to push stock market trending this day as there are no
major economic reports scheduled to post. Author: Frank Matto
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