At 8:45 a.m. futures are moderately lower and the price of oil per barrel is down. The market is poised to open lower.
Investors will be parsing lots of economic data today along with the latter flourish of second quarter corporate reports. The article suggests that the weight of the data depending on its quality could push the market into positive territory. As always, we shall see. Meanwhile the global economic news remains slightly banged up.
CNN: Stocks: 3 things to know before the open
The U.S. Census Bureau will issue its monthly report on factory orders at 10 a.m. ET. At the same time, the Institute for Supply Management will release data on the performance of the U.S. services sector for July.
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