The Dow Jones Industrial Average
Yesterday, markets approved the falling Spanish and Italian bond yields after comments by a European Central Bank member hinted at potential further action for intervention. The STOXX 50 (INDEX: ^STOXX50E) gained 0.85% yesterday and the FTSE 100
Economic reports galore
This morning will see the release of the weekly initial and continuing jobless-claim numbers. The market expects 355,000 initial claims, down from last week's 357,000, and 3.35 million continuing claims, up from last week's 3.33 million.
The Producer Price Index (PPI) will also be released, giving an insight into inflation for March. Core PPI, which excludes any inflation from energy and food, is expected to grow by 0.2%, which will match February's growth.
The last economic report for the morning will be regarding international trade, which can give insight into domestic and overseas demand. The market expects a trade balance of negative-$53 billion for February, slightly more than January's negative-$52.6 billion.
Get ready for more earnings
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