Thursday, April 29, 2010

Market Notes - April 29, 2010

U.S. stocks were headed for a positive open as futures edged higher.

Yesterday, the Federal Reserve left interest rates unchanged and said the economy is getting better. The only major economic report being released today is the weekly jobless claims number which declined from the previous week. Tomorrow, we will get a look at the advanced first quarter GDP number, the Chicago PMI, the Employment Cost index, and the University of Michigan’s Consumer Sentiment index.