While still down from its 52-week high set on April 2, the Dow Jones Industrial Average
Dow component American Express
American Express' earnings will come a day after Goldman Sachs
Yesterday, European markets cheered on the International Monetary Fund's improved global economic forecast, as well as high demand from a Spanish government bond auction. The FTSE 100
Further in the week
More data on jobless claims will be released on Thursday. The market expects a slight decrease in initial jobless claims from 380,000 to 375,000, and an increase in continuing claims from 3.25 million to 3.27 million. The economy has yet to reach pre-recession levels for initial claims:
Also released Thursday is March data on existing-home sales, which the market expects to slightly increase to 4.62 million from February's 4.59 million. Housing is looking for any good news, as the builder sentiment index, which blends together information on current sales, expectations, and buyer interest, fell to 25 for March from 28 in February. Nevertheless, Home Depot
In the long-run
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