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dow2664 Stocks indices continue to travel an inconsistent path in the U.S. today. Futures set the stage for a flat to negative open but stock indices quickly rebound after opening bell. Trends continued in positive territory for only a short time and by the mid-day mark, indices were turning red. The Dow Jones , as well as the Nasdaq and the S&P 500, were posting values on the negative side of break-even at this point. Overseas markets are turning in mixed results and this is muddying the waters for investors on Wall Street. Economic reports in the U.S. posting today are mixed as well. Mixed data stemmed from the Federal Housing Finance Agency revealing that although home prices climbed in June, they are still negative by 4.3 percent on an annual basis. Durable goods orders rose 4 percent in July which was much higher than what most economists were anticipating. This was a good sign for those on Wall Street as durable goods orders often represent a form of confidence that businesses have with future economic potential. At the halfway point in the session, the DJIA is red by .23 percent at 11,151. The Nasdaq is red by .74 percent at 2,428 and the S&P 500 is red by .26 percent at 1,159. Oil prices are gaining and the dollar is moving forward against a handful of other currencies as well. Gold futures continue to drop back. Frank Matto
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