The tone of the market for the day will be set then. Once again it will be a matter of finding a trend towards improvement.
If the numbers are especially bad, we will be reading about returned fears of economic instability and such and maybe a few days of volatility or worse.
If the numbers are trending in a positive way, the market will have enough fuel to finish out the week with some stability.
And finally neutral numbers will create a repeat of the recent sideways direction.
Oil is slightly down, so probably this more than anything will pull the DOW down.
Reuters: Stock futures edge lower ahead of GDP, jobs data
The second reading of gross domestic product in the second quarter, due at 8:30 a.m. EDT...
Initial claims for state unemployment benefits are expected to have dropped to 565,000...is also expected at 8:30 a.m.
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