Looking Ahead to Wednesday's Market
August 28, 2012 @ 4:35 PM ESTQuick Recap of Monday’s Session:
Stocks finished narrowly mixed once again on Tuesday following another quiet session of trading. Neither the bears or the bulls seem to want to take control in front of a few high profile events over the next few weeks, starting with Fed Chairman Ben Bernanke’s speech in Jackson Hole on Friday. A weak Consumer Confidence Index reading did little to change prices as the day wore on. Trading was choppy throughout the session, and major indices finished the day mostly unchanged.
S&P 500 -0.08%, NASDAQ +0.13%, DJIA -0.17%, Midcaps -0.41%.
Looking Ahead to Wednessday:
- Overnight we get Business Confidence from France, Consumer Confidence and Retail Sales from Italy, PPI from Greece, and CPI from Germany.
- Before the bell here in the U.S. is Q2 GDP (first revision).
- Shortly after the open is Pending Home Sales at 10:00am EST.
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