U.S. stocks were set to open lower after General Electric posted lower-than-expected revenues and Bank of America reported a worse-than-expected loss. However, Google and IBM both posted better-than-expected earnings after yesterday’s close.
On the economic front, a reading on industrial production and capacity utilization is due at 9:15 am ET. That is followed by the University of Michigan’s consumer sentiment survey, which comes out at 10:00 am ET.
- 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.
