Looking Ahead to Tuesday's MarketJuly 30, 2012 @ 4:50 PM EST
Quick Recap of Monday’s Session:
Stocks finished slightly negative on Monday following a quiet session of trading. After big gains late last week, major indices took a breather ahead of the Fed and ECB’s announcements later this week. Neither the bulls nor the bears were able to get much going throughout the session as the S&P 500 traded in a 5-point range for the majority of the session.
S&P 500 -0.05%, NASDAQ -0.41%, DJIA -0.02%, Midcaps -0.26%.
Looking Ahead to Tuesday:
- Overnight we get Consumer Spending and Producer Price Index from France, Retail Sales and Unemployment Rate from Germany, flash CPI and Unemployment Rate from Eurozone, and CPI and Producer
Price Index from Italy.
- Before the bell here in the U.S. we get a slew of economic data that includes: ICSC-Goldman Chain Store, Employment Cost Index, Personal Consumption, Personal Income, Core PCE, Redbook
Chain Store Sales, and the Case-Shiller Home Price Index.
- Shortly after the open at 9:45am EST is the always-important Chicago PMI, followed by Consumer Confidence at 10:00am EST.
S&P 500 - Intraday
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