Sunday, January 29, 2012

The Major U.S. Index Futures is Slower Than Expected Pace

Good day friends, some short news is already in our desk, The major U.S. index futures are pointing to a lower opening on Friday, mixed results with sentiment faltering after the Commerce Department released a report, which showed that the U.S. economy expanded in the fourth quarter, although at a slower than expected pace, should the expectations given to lower than before

Yeah as we knew that the data should come as a disappointment for traders, who were viewing the U.S. as a bright spot in contrast to the Eurozone debt-debilitated economic condition in Europe. But some domestic earnings continue to be mixed. The results of a consumer sentiment survey to be released shortly after the markets open may also give direction to the markets. It is silly direction

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