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Tuesday, June 30, 2009

The Market On Tuesday

This morning futures are slightly up and its the end of the quarter.

Data on manufacturing and consumer confidence are expected to show improvements. Right now its a green shoots are holding day.

On the surface, signs are pointing to another day of gains. But that can change...

Reuters: Dollar falls as risk appetite improves
...gains in stock markets and oil prices reflected an upbeat view on the prospects of global economic recovery.
Reuters: Stock futures point to a higher start
...S&P Case/Shiller Home Price Index for April at 9 a.m.

...releases June index of manufacturing activity at 9:45 a.m.

At 10 a.m. EDT the Conference Board releases June consumer confidence.

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