The Standard & Poor's 500 is up for eight of the last nine weeks. This week, the Dow closed above the 13,000 mark for the first time since May 2008, and the S&P 500 twice closed above 1,370, a closely watched technical resistance level. The Nasdaq at one point crossed the 3,000 level this week and is trading at its highest since 2000.
The government's jobs report for February, due on Friday, is expected to show non-farm payrolls added 210,000 jobs last month, according to economists polled by Reuters, after gaining 243,000 in January.
Investors are focusing more on economic data lately, with a bailout package for Greece in the works and U.S. earnings news winding down. But rising oil prices could create some anxiety.
Concern about supply disruptions from Middle Eastern oil producers has kept Brent crude oil above $120 a barrel, and analysts said that could affect the longevity of the stock market's rally.
Stock Futures outlook March 5, 2012
Dow Jones Futures - Up 12
S&P 500 Futures - Up 1
Nasdaq Futures - Up 1
Oil Futures - 106.50
I predicted that the tech-heavy Nasdaq would outperform the Dow Jones Industrial Average (INDEX: ^DJI) . It's been a strong year so far for tech stocks relative to the more diversified blue chips that make up the 30 Dow components. Nasdaq clocked in with a mere 0.4% gain, but that was better than the Dow's flat close. I was right.
Greece's second bailout from the euro-zone countries will be in place once conditions are finalized. The first of the money can be paid out after the completion of a bond swap between Athens and private investors, which is to be concluded by March 9.
Those concerns aside, stocks' gains year to date could be reason enough for investors to pull back. The S&P 500 has risen 9 percent for the year so far.
For the latest updates on the stock market, visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today
Related Post:
Dow Jones
- U.S. stock Dow Jones futures Down today
- U.S. stock futures Dow Jones rose november 12 2012
- Dow Jones futures outlook week oct 15-19 2012
- Dow jones futures outlook september 24 2012
- Dow jones futures outlook september 12 2012
- Dow Jones futures outlook september 10 2012
- Dow Jones futures outlook 8/31/2012
- Dow jones futures for 8/21/2012
- Dow Jones futures outlook august 20 2012
- Dow Jones Futures for august 1 2012
- U.S. stock futures july 31 2012
- Dow Jones futures for July 31 2012
- dow jones futures for july 16 2012
- Dow Jones futures prediction july 10 2012
- dow jones prediction july 9 2012
- Dow Jones futures prediction july 6 2012
- Dow Jones futures prediction june 25 2012
- Dow Jones futures outlook June 19 2012
- Dow Jones prediction next week june 11-15 2012
- U.S. Stock Market Dow Jones futures june 8 2012
- Dow Jones prediction today june 7 2012
- U.S. Stock Dow Jones futures rose june 6 2012
- Dow Jones Prediction June 6 2012
- Dow Jones prediction june 4 2012
- Dow Jones prediction june 1 2012
us stock
- U.S. Stock Futures news today february 14 2013
- U.S. stocks market rose today Rise on Earnings
- Barack Obama invited congressional leaders to the White House a last-ditch effort to broker a deal
- NASDAQ, Dow Jones, S&P Analysis today dec 27 2012
- Chart S&P 500 price target forecast 2013
- Impact U.S. budget crisis stock market drop
- U.S. stock Dow Jones futures Down today
- Analysis Stock market down november 15 2012
- U.S. stock futures Dow Jones rose november 12 2012
- analysis S&P 500 index next week nov 12-16 2012
- Why Stocks market and dollar down after obama win
- Hurricane Sandy will close U.S. stock markets
- Stock market will focus US election next week october 29 2012
- Why Wall Street Stock down october 17 2012
- Impact U.S. Presidential election on financial market november 2012
- U.S. stock futures ahead of payrolls report 10/5/2012
- U.S. stock futures Dow Jones up 9/28 2012
- Dow jones futures outlook september 12 2012
- U.S. stock Dow Jones futures higher september 11 2012
- US. Stocks Market closed september 4 2012
- US. Stock futures higher wait Bernanke speech 8-31-2012
- US Stock Dow jones Futures Down 8/30/2012
- U.S. Stocks Movers 8/27/2012
- US. Stock dow jones futures fell 8/27/2012
- S&P 500 outlook next week august 27-31 2012
No comments:
Post a Comment