Monday, October 10, 2011

Good Morning...

Monday is likely to get off to a bullish start, after Germany's Angela Merkel and France's Nicolas Sarkozy vowed that a comprehensive response to the European debt crisis would be finalized by month's end.

Wall Street is coming off a relatively calm day of modest losses Friday, with a streak of nine consecutive triple-digit moves by the Dow broken during that session.

The Dow had a second straight weekly gain for the first time since early July.

Today's action may be lighter than usual, with many businesses and the bond market closed for the Columbus Day holiday, and no government economic data on the agenda.

No comments: