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Friday, September 4, 2009

Early Indicator: Stock Market Futures Friday September, 4 2009

As of now the stock market futures are mixed. The DOW futures are down 2 points, S&P 500 futures higher by one tenth of one point, and the NASDAQ 100 futures up 1.25 points. The futures at this point don't really indicate too much as the job numbers coming out at 8:30 AM (EST) will certainly influence the market. If we get better than expected data I assume the market will rally, however we may sell off on better than expected news like we did Monday on the stronger than expected ISM data. We may see some weakness in the market approaching close as many will be closing positions going into the 3 day weekend. Happy trading and hope you have a nice Labor Day! Sphere: Related Content

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