Homebuilder Confidence, TIC Flows, Empire State Manufacturing

by devteam June 15th, 2010 | Share

Equity futures are once again indicated higher this morning. The question is whether stocks will maintain momentum throughout the day, or fizzle out just as they did yesterday.</p

Ninety minutes before the opening bell, Dow futures are up 54 points to 10,202 and S&P 500 futures are up 4.25 points to 1,090.50.</p

The 2-year Treasury note yield is 1 basis point higher at 0.738% and the benchmark 10-year Treasury note yield is less than 1 basis point higher at 3.264%.</p

The NYMEX crude oil futures contract is up 0.44 to 75.56 while Gold futures are up $1.20 at $1,225.70.

Yesterday, equity prices rose as much as 1.55% before tumbling back in the final hours. The S&P closed down 0.18% and the Dow fell 0.20%. </p

Key Events Today:</p

6:15 â€

About the Author


Steven A Feinberg (@CPAsteve) of Appletree Business Services LLC, is a PASBA member accountant located in Londonderry, New Hampshire.

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