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Market News

European Markets

Opening calls are indicating a flat open this morning.

Asian Markets

The Hang Seng average is trading lower in the current session.

US Markets

Stocks went on a roller-coaster ride Thursday, as investors parsed through positive news in U.S. and Europe. After storming out of the gate in the morning, the Dow and S&P 500 bounced between positive and negative territory before a late rally put both firmly higher.

Events this week

Friday: A government report on personal income and spending is due before the opening bell. Economists expect income to have stayed the same in August after rising 0.3% in the previous month. Spending is forecast to have increased 0.2% last month, following an 0.8% increase in July.

The Chicago PMI, a regional reading on manufacturing activity, will be released after the bell. The measure is expected to have moved to 54.0 in September from 56.5 in August.

The University of Michigan’ final reading on consumer sentiment in September is due shortly after the market opens. It’ expected to come in at 57.6 down slightly from the last reading 57.8.