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dow2664 Prior to opening bell this morning, stock futures were foretelling positive news. Stock futures revealed green across the board this morning and the Dow Jones Industrial Average was green at that point by .40 percent. Stocks were set to open the week today in a positive way and thus worries regarding the mixed data that posted last week may be slowly dissipating in the minds of Wall Street investors. Some investors saw last weeks better than expected employment data and the rise in the overall unemployment rate as a sign for caution. The reports contradicted each other and left many investors feeling a bit uneasy. Last week was negative overall, but Friday’s close began to show signs of improvement. Pre-market trading this morning continued those signs of improvement for stocks. All eyes will be watching closely today to see if the positive trends can continue all the way to close. As there is little by way of economic news posting today in the United States, all eyes will be focused on several key quarterly financial reports that were scheduled to post this day. At mid day the major market indexes are trending in the green. The Dow gained 67.96 points to 12,707. The Nasdaq increased by 18.46 points to 2,846. The S&P 500 was up 7.10 points to 1,347. The Treasuries 10-year yield was down 0.0090 to 3.15%. Oil gained 4.06 to $101.23 a barrel. Gold soared 17.20 to $1508.80 an ounce. Author: Pamela Frost
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