We have updated our privacy policy and terms & conditions. Find out more here.
4
 

At Mid Day, Markets Await Jobs Data, GDP Confirmation

By  |  Stock Markets  |  Jan 31, 2013 07:42PM GMT  |   Add a Comment
www.investing.com/analysis/at-mid-day,-markets-await-jobs-data,-gdp-confirmation-153347
At Mid Day, Markets Await Jobs Data, GDP Confirmation
By   |  Jan 31, 2013 07:42PM GMT
 

Stocks are trading flat to slightly lower on extremely light volume today. The SPDR S&P 500 ETF Trust (SPY) is trading at $149.92, -0.16 (-0.11%). At this stage of the day, markets are in a floating pattern until tomorrow when the Nonfarm payrolls and Unemployment Report will be released. This will happen at 8:30AM ET. The markets are looking for further guidance after yesterday's GDP Report came in weaker than expected. Most analysts chalked the weak GDP number, up to the Fiscal Cliff worry and other things. Tomorrow will enlighten the markets even more.

Facebook Inc. (FB) opened lower today at $29.15, down over $2.00 from the close yesterday. Fourth quarter earnings were released and initially disappointed investors. However, the market continues to see bidders rushing for any name brand stock. Facebook has climbed all the way back to the flat line on the day. It is trading at $31.16, -0.08 (-0.26%).

SPDR S&P 500
SPDR S&P 500

Gareth Soloway
Chief Market Strategist
www.InTheMoneyStocks.com

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data .

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Add a Comment

 

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Facebook Inc
 
 
 
Are you sure you want to delete this chart?
 
 
 
Are you sure you want to delete this chart?
 
 
 

Successfully Reported

Thank you. This comment has been flagged for a moderator.
_touchLoadingMsg