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The major index composites in the U.S. ended mixed last session. The Dow Jones Industrials closed out in the green by .12 percent at 12,285.15. The Nasdaq closed in the red by .05 percent at 2,760.22 and the S&P 500 finished the day in the green by .01 percent at 1,314.52. Economic data that posted on Thursday came up short of expectations and earnings data from Google came up short for some as well. Google’s posted profits were up 17 percent but expectations from Wall Street were higher and thus the reported results were a bit deflating to some. Stocks slowly moved higher after initially dropping off earlier in the trading session yesterday. Today, we will see the Consumer Price Index report from the Labor Department for March. The Federal Reserve Bank of New York will report its Empire Manufacturing Index as well. Also, we will get preliminary data results from the University of Michigan Consumer Sentiment Index report due this day. Investors will keep a close eye on indicators as they attempt to process and predict momentum swings. Negative pressure will still weigh on investors and push index composites. A government shutdown is still a possibility and will be on investors minds. Stock outcomes today will have to overcome the below average economic and earning reports that we were dealt yesterday. Author: Frank Matto
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