Excerpt from: Stock Indices CFDs and Spread Bets
|
 |
| November 14, 2006 | | U.S. stock markets are set to open marginally higher Tuesday ahead of important producer price inflation data due at 1330 GMT. | | "The markets are expected to climb higher on hopes that although U.S. economic growth is slowing, it is at high enough levels to sustain corporate profits," says Martin Slaney of GFT Global Markets. On the corporate front, the market will watch third-quarter earnings from Wal-Mart and Target closely, Slaney notes. "We should get some real clues as to the state of the economy's health as we head into the holiday period," he says. GFT Global Markets is calling the Dow Jones Industrial Average to open up 15 points at 12,146, the S&P 500 up 2.6 points at 1387 and the Nasdaq 100 two points higher at 1770. | | |
|
|
