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Jobless Claims, ISM Non-Mfg
Investor sentiment was given a boost after the closing bell yesterday when Bank of America announced it will be paying back $45 billion in TARP funds. Two hours before this morning’s opening bell, equity futures are pointing higher after yesterday’s mixed session.
The Dow looks to open 30 points higher at 10,469 and the S&P 500 points up 3.50 points at 1,112.
Meanwhile, Spot Gold is trading 73 cents higher at $1,216.43 per ounce after setting a new record high of $1,226.10 earlier in the day, and WTI Crude oil is up 52 cents at $77.12 per barrel.
With commodities higher, it will come as no surprise that the the US dollar is nearing the 16-month lows seen last week.
Key Events Today:
8:30 â€
About the Author
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Steven A Feinberg (@CPAsteve) of Appletree Business Services LLC, is a PASBA member accountant located in Londonderry, New Hampshire.
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