After an entirely ho-hum day for the Dow yesterday, investors may be hoping for some more movement today. Thursday the Dow Jones Industrial Average
The news today
But without any major earnings on the radar, and no real blowouts expected, investors will have to look to The International Trade report for most of their excitement today. The report is being made available by The Bureau of Economic Analysis at 8:30 am. The report is important because it gives a gauge on the overall trade balance for the U.S. A rise in imports is regarded as a positive indicator of strengthening domestic demand. By contrast, a rise in exports is usually read as a strengthening of international economies, or an improving competitive position domestically.
While some may worry that the strengthening dollar will depress exports, with Caterpillar
Total U.S. exports have been the main driver behind the U.S.'s growth since June 2009, the official end of the recession. Caterpillar recently bulldozed earnings estimates, largely fueled by their mining-equipment demand, but also made it clear that they're eyeing international markets for future earnings-stomping-sales. With many expecting that iPhone 4s sales in China will push Apple past their already ridiculously profitable most-recent quarter into even more record-breaking territory, I'd say the export story looks robust
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Austin Smith owns no shares of the companies mentioned here. The Motley Fool owns shares of Apple. Motley Fool newsletter services have recommended buying shares of Apple. Motley Fool newsletter services have recommended creating a bull call spread position in Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.