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Showing posts with the label CNBC | U.S.Stock Market Future Indications.

CNBC | U.S. Stock Market Future Indications September 13, 2013: Dow on track for second best week of 2013.

Dow on track for second best week of 2013 Thursday's modest losses aside, the Dow is on course to post its biggest weekly gain since the first week of the year, while the S&P 500 could put up its biggest weekly advance in two months. It's the busiest day of the week for economic reports, starting with retail sales and the Producer Price Index both coming out at 8:30 a.m. ET. Economists expect August retail sales to have risen 0.5 percent after a 0.2 percent increase in July, while consensus forecasts have the PPI rising 0.2 percent for August after coming in unchanged the prior month. At 9:55 a.m. ET, the University of Michigan is out with its preliminary September consumer sentiment index, seen coming in at 81.8 compared to August's final reading of 82.1. And at 10 a.m. ET, economists look for July business inventories to be up 0.2 percent after being unchanged in June. The earnings calendar is virtually blank today, as is typical for