U.S. stocks appear set to open higher although trading could be volatile as investors take in another round of corporate earnings reports. The markets saw positive earnings from Colgate-Palmolive and Motorola, while Exxon Mobil disappointed.
Initial claims for the week ending July 25 rose to 584,000 from an upwardly revised 559,000 in the previous week. Economists were expecting 575,000. However, continuing claims declined 54,000 to 6.197 million, which brought the streak of improvement in that number to three weeks.
- Harrington Wealth Management
- Our firm provides comprehensive trust and investment management services by employing a customized asset allocation approach. By focusing on the individuality of each client, Harrington Wealth Management Company has helped high net worth individuals, families, and small institutions grow and sustain their wealth through proven investment practices since 1994. A fee-only advisor, we also offer other financial services from our offices in California, Kansas and Indiana that include custody, estates, land trusts, probate administration, guardianships, personal trust administration, retirement plan services, and investment consulting services.
