With August now halfway over, investors have to be wondering if the Dow Jones Industrial Average
Dow futures were pointed slightly higher ahead of opening after Chinese Premier Wen Jiabao suggested that his country could further ease monetary policy. Asian markets were mixed overnight, while European indexes were flat in early trading.
Shares of Wal-Mart
Networking giant Cisco Systems
On the macroeconomic slate, initial unemployment claims for last week came in at 366,000, essentially even with expectations and an increase of 2,000 from the week before. The Philadelphia Fed will also release its monthly survey on regional manufacturing output at 10 a.m. EDT. Analysts are expecting a figure of -5, which would be the fourth consecutive negative reading, though that would be an improvement over July's mark of -12.9.
With part of the Facebook lockup ending today after shares have already fallen so steeply, now could be a great chance to finally pick up some of the stock. Luckily, our top tech analyst has just come out with an in-depth premium report on the social-networking juggernaut, and you can get all the info you need on Facebook's opportunities and risks, as well as details on other key areas to watch, such as payments revenue. Even better, the report comes with a full year's worth of free updates, so you'll know what to make of every quarterly report and other breaking news that's material to investors. To sign up for this special package right now, just click right here.
Fool contributor Jeremy Bowman holds no positions in the companies in this article. The Motley Fool owns shares of Facebook and Cisco Systems. Motley Fool newsletter services have recommended buying shares of Facebook. The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.