At 8:25 a.m. futures are slightly higher, the dollar is down against all major world currencies, and oil is up per barrel. The market is poised to open higher except...
In a very short time the government will release the first reading of the fourth quarter GDP. Needless to say, this is a big deal for the investment class and everybody's understanding of how the recovering economy is fairing.
A bad reading will tank the market today, an average reading will be unsettling, and a better than expected reading might cause a momentary release of fear and envy along with keeping the rapidly approaching DOW at 13K in sight.
CNN: Stocks: Investors await reading on U.S. growth
...the government's fourth-quarter GDP reading before the market open...
Anxiety continues to loom over Greece's ongoing negotiations with private-sector creditors in an attempt to reduce its debt burden.
Ford, aided by a one-time gain, posted 2011 profit of $20.2 billion -- its biggest since 1998.