After finishing 2013 with its best yearly gain since 1995, the Dow Jones Industrial Average (INDEXDJX:.DJI) is poised to start 2014 in the red. Investors will have their hands full with today's round of economic data. Specifically, weekly jobless claims, Markit's final purchasing managers manufacturing index (PMI) for December, the Institute for Supply Management's (ISM) manufacturing index, and construction spending will all be released this morning.
Futures on the Dow Jones Industrial Average 2 Minute (INDEXDJX:.DJI) are nearly 32 points south of breakeven.
The Chicago Board Options Exchange (CBOE) saw 993,447 call contracts traded on Tuesday, compared to 453,040 put contracts. The resultant single-session put/call ratio dipped to 0.46, while the 21-day moving average fell to 0.54.
Currencies and Commodities
Earnings and Economic Data
Weekly jobless claims, Markit's final PMI for December, the ISM's manufacturing index, construction spending, and weekly crude inventories are all slated for release today. Resources Connection (RECN) will reveal its latest quarterly results.
Recent XIV Action May Bode Well for Bulls
Featured Partners: AOL DailyFinance
© 2014 Schaeffer's Investment Research, Inc. 5151 Pfeiffer Road, Suite 250, Cincinnati, Ohio 45242
Phone: (800) 448-2080 FAX: (513) 589-3810 Int'l Callers: (513) 589-3800 Email: firstname.lastname@example.org
All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited.
Market Data provided by QuoteMedia.com | Data delayed 15-20 minutes unless otherwise indicated.