S&P 500
Struggle for Wall Street
The negative momentum from yesterday will certainly play a part in keeping markets down. However, the most important factor will likely be GDP data released by the Commerce Department.
Gain for Wall Street, Foreclosure on the Rise
Wall Street gained on strong earnings figures this morning. One of the best performances was by Exxon Mobil, which posted a staggering 91 percent year-to-year jump in profits.
Weak Start as Economic Woes Affect Investors
According to Reuters, despite the façade of stability on Wall Street, investment markets are still in peril. There are enough warning signs from sectors of the investment economy for analysts to worry. Unfortunately, if you only watch the overall composite trends you completely miss the underlying instability.
Wall Street Struggles to Gain Footing
Wall Street has struggled with corporate earnings for most of the morning. Corporate gains from major firms and European banks were enough to push markets earlier today, but investors still seem wary of extending the rally.
