Friday, July 8, 2011

Pueblo Faces Wind as Rockies Win

Pueblo County,Colorado braved fierce winds and quarter-sized hail as thunderstorms rocked the Front Range this evening.At 6:52 pm,a gust of 78 mph was recorded,and a semi truck was knocked over on its side 5 miles east of Pueblo.
Meanwhile,the Colorado Rockies were playing ball back east in Washington.They bested the Washington Nationals 3-2 as closer Houston Street blanked the Nats,striking out two in the ninth inning.The Rockies have won four straight games against the Nats,and the last 15 out of 18 contests with the Nats.
The stock market faced the winds of a poor employment report on Friday.Nonetheless,it managed a slight gain on the week,with the Dow up 0.59,the NASDAQ adding 1.55,and the S&P improving by the hair of 0.31,supported by strong manufacturing data from the Institute for Supply Management.June was the 23rd consecutive month of expansion in the sector,with new orders and production up modestly and employment rising a strong 1.7%.
Next week will see the start of earnings season as companies report their Q2 results.Alcoa reports on Monday,while JP Morgan Chase goes on Thursday along with Google.Citigroup checks in on Friday,and the Empire State manufacturing report will also be released at that time.
The futures were still affected by nerves Friday evening,as the S&P dropped 9.90.Oil futures also fell,losing 2.46,while gold and bond index futures hiked upward.
Alcoa(AA),Citigroup(C),Google(GOOG),JP Morgan Chase(JPM)

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