At 7:55 a.m. futures are slightly higher, the dollar is completely mixed against major world currencies, and the price of oil is slightly up per barrel. The market is poised to open a tad higher.
At 8:30 a.m. investors will see the weekly numbers on first time layoffs for the preceding week. I'm thinking the number comes in around 365,000 to 370,000 and that a wild guess.
The action is slow because many investors are on vacation, so we wait it out till after Labor Day. We'll take it though because we need a bit of a respite ourselves.
CNN: Stocks poised for higher open
Minutes released from the Federal Reserve's July meeting show the central bank is considering two key measures...
Wall Street trading volume is expected to stay light for the rest of August.
A preliminary report showed that China's manufacturing sector hit a nine-month low in August...
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