Busy Econ Calendar Before Official Employment Report

by devteam May 3rd, 2010 | Share

Overseas stock markets are mostly in the red this morning, but equity futures at home are pointing to a strong open ahead of spending, manufacturing, and construction data.

Dow futures are up 37 points to 10,997 and S&P 500 futures are up 5.50 points to 1,189.00.

Meantime, WTI crude oil is trading 26 cents higher at $86.41 per barrel and Spot Gold is up $3.15 to $1,182.35. The 2 year Treasury note is -0-01 at 100-01 yielding 0.98% and the 10 year Treasury note is -0-09 at 99-13 yielding 3.695%.

Sentiment elsewhere is in reverse, however, despite a Eurozone agreement for Greece.

“Global markets are lacking the will to rally this morning â€

About the Author


Steven A Feinberg (@CPAsteve) of Appletree Business Services LLC, is a PASBA member accountant located in Londonderry, New Hampshire.

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