(As of 7:15 am PST)
Positive news on the
international front was not enough to move US market indexes into the green
this morning. A negative report on Apple
Computer has sent shares down 4%, pulling markets down as well. Oil and gold are up slightly along with most
commodities. The US dollar is
mixed. Interest Rates are creeping
upward, including mortgage rates, which are under pressure from the Fed’s
decision to stop the bond buying program later this year. There are a very large number of companies
reporting earnings this week and those announcements will likely determine
market direction for the next couple of weeks.
