Global Stock Market Today 4/6/09 (US Stock Market, Europe Stock Market, Asia Stock Market, Commodities) | TheSUBWAY - Stock Trader Blog »

Posted By JoeF1051 8 months, 4 weeks ago in Business & Finance

The major U.S. index futures are pointing to a lower opening on Monday. The lack of any major catalysts following a scintillating run up in the past four weeks places the major averages on track for a pull back, as profit taking generates selling pressure. Additionally, the forthcoming reporting season and the pre-announcement season that precedes it could leave traders jittery over the fate of corporate profits. Commodities are seeing weakness, which is likely to keep buying interest among commodity stocks subdued.

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