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Wednesday, July 01, 2009

The Market On Wednesday

So far the week has been a little wobbly.

Today futures are up and all kinds of data is set to be released this morning. Its a green shoots are hopefully good type of day.

The data will cover employment for June, pending home sales for May, the June manufacturing index, May construction spending, and here's one for you - June auto sales.

In a nutshell, the day will be telling in relation to our economic recovery.

Reuters: Stock futures point to higher start
Economists in a Reuters survey expect 393,000 jobs were lost in June, down from a May job loss figure of 532,000.
CNN: Stocks ready to advance

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