12:40pm (EST) Futures were pointing towards a strong open this morning but took a hit after an unexpected spike in jobless claims and a mixed PPI (Producer Price Index) report. Initial Claims came in at 380,000, up 13,000, versus expectations for 355,000, while Continuing Claims came in at 3.25 million
Google (GOOG) on Deck
Bears Going for 5th Straight Session Win
12:15pm (EST) The bulls made a slight push higher at the open but the gains were marginal before the major indexes turned negative. The Nasdaq and the S&P tried to get the Dow going but the blue-chips are rapidly approaching a triple-digit loss as we head into the second half
Can Google (GOOG) Deliver Again?
1:10pm (EST) The bulls got a bevy of good news before the bell this morning which led to a good start for the market as the major averages continue to push the July 2011 highs. Bank of America (BAC, $7.11, up $0.31) is giving the Financial stocks a lift after