1:30pm (EST) You can almost feel the tension today between the bulls and bears as the market has stayed in a tight trading range. The major indexes are showing slight gains as better-than-expected numbers on housing and retail have provided the bulls some ammo heading into Friday’s update on employment.
Expect a Triple-Digit Dow Move on Friday
Futures Up on GDP Numbers
9:10am (EST) The market zigzagged for much of Thursday’s session but there was trouble on the 2pm horizon after the Kansas City Fed spoke. Things took a turn for the worse for the bulls after hearing the region’s manufacturing index fell to 0 in August, down substantially from July’s reading of 14. The news
Futures Up on More M&A Talk
9:00am (EST) Futures are pointing towards a slightly higher open this morning as mergers and acquisitions (M&A) have once again taken center stage. Hewlett-Packard (HPQ, $39.85, down $0.91) has made a $1.5 billion bid for data storage provider 3Par (PAR, $18.04, up $0.01) this morning, just a week after rival Dell