Before the bell: Futures higher ahead of housing, jobless data - Melly Alazraki

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Before the bell: Futures higher ahead of housing, jobless data
Nov 25, 2009 12:45 PM UTC

Melly Alazraki

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Filed under: Before the bell, International markets, Market matters, Tiffany and Co (TIF), Economic data, Deere and Co (DE), Oil, Housing, Federal Reserve

U.S. stock futures advanced Wednesday morning ahead of what is going to be a busy day full of economic reports before Thanksgiving. While investor sentiment is still upbeat following the Federal Reserve minutes and optimism about the economy, trading could be choppy today given the market is closed tomorrow. The market will reopen Friday for a short day.

U.S. stocks fell on Tuesday on lackluster economic data, namely the GDP revision downward. However, the losses eased after the FOMC minutes and the Fed raised its growth expectations for 2010.

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Before the bell: Futures higher ahead of housing, jobless data originally appeared on BloggingStocks on Wed, 25 Nov 2009 07:45:00 EST. Please see our terms for use of feeds.

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