Tuesday, January 5, 2010

Market Notes - January 5, 2010

Stocks appeared set for a flat start, following a solid start to the new year that left domestic markets more than 1.5% higher.

After the markets open, a National Association of Realtors’ report is expected to show pending home sales fell between 2% and 5% in November. Also at 10:00 am ET, a report is expected to show factory orders in the range of -1.1% to 1.0% in November, after jumping 0.6% the previous month. Throughout the day, December data will be released for auto and truck sales by individual manufactures.