Thursday, February 19, 2009

Stocks: Who's in the Driver's Seat?

Stock futures appeared to be poised for a rally today, with Dow futures overnight moving higher by about 80 points. Now, however, stock futures have given up most of their gains, which may suggest another sideways day. Moments from now, we will get PPI and jobless claims data, which may set the mood for the opening bell of the stock exchanges.