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Market Commentary

Market seeing no follow through to yesterday's advance in early trade


Stock futures were weak throughout the early session, but lifted off their lows prior to the open. The averages opened lower and are not suggesting a follow through to yesterday's big rally. However, given the market's recent volatility, investors will have to watch to see what happens. The domestic economic calendar has little to release until tomorrow's reports on CPI and the minutes from last month's FOMC meeting. In early trading, the Dow is down 121 points, the Nasdaq is down 22 points and the S&P is down 13 points.

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