Friday, December 18, 2009
Tech Sector Leading
The S&P futures were up 1.4 tonight,while the Dow futures were down 1.0,and the NASDAQ futures were up 17.0.Only the NASDAQ had a positive week,rising 0.98.Oracle and Research In Motion posted strong quarters,with growth on both the top and bottom lines.Commodities futures were up across the board this evening.At this point,the shortened week ahead looks promising for investors-especially tech investors.Tech could well lead the way the remainder of the year.It's earning it's leadership.Retail can only hope that shoppers will go online this weekend,since a major east coast snow storm will cost them brick and mortar sales.This can't be emphasized enough at this critical time in the holiday cycle.
Labels:
commodity futures,
Oracle,
Research In Motion,
retail,
S and P futures,
technology
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