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Stocks struggled during yesterday’s session and ended the day relatively flat. The S&P 500 finished the last session lower by .02 percent at 1332.63. The Nasdaq ended the last session just above break even by .07 percent at 2791.19. The Dow Jones Industrials finished lower by .05 percent at 12393.90. Investors mulled over the rising interest rate potentials and continued to feel negative pressure stemming from the turmoil in the Middle East. Stocks felt the negative pressure as well, but the uncertainty helped to push precious metals higher during the last session. For today, investors will look to the agricultural product producer, Monsato, to post positive earnings data. Another key earning report this day will stem from Bed Bath and Beyond. On Thursday, the Labor Department will post weekly jobless claims as usual. Also on Thursday, the Federal Reserve will release data relating to February consumer credit analysis. In addition to these two reports, investors will be waiting to see if the European Central Bank increases its benchmark interest rate in an attempt to reduce inflationary potentials. The Commerce Department will post wholesale inventory data for February to end the trading week. Economists are anticipating that this report will post a moderate increase over the wholesale inventory report data from January. Author: Frank Matto
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