Markets Remain Upbeat Ahead of Data

by devteam December 22nd, 2009 | Share

Equities are continuing to extend gains this morning after climbing more than 1% yesterday. Before GDP revisions for the third quarter come out, the Dow looks to open 38 points higher at 10,380 and futures on the S&P 500 are up 4.25 points to 1,112.50.

In contrast, WTI Crude oil is down 34 cents to $73.38 per barrel as OPEC announced it would keep its production quotas steady, urging member countries to to be in compliance with the production cuts agreed upon last year. 

Spot Gold is also trading down 60 cents to $1,092.80.

Key Events Today:

8:30 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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