No major economic data was scheduled for Monday, though the Conference Board reported that its employment trends index for December increased to 99.3, up 0.8% from the downwardly revised 98.5 reading in November. Additionally, the December reading was up 7.6% year over year. The December index indicates the potential for moderate employment growth during the next six months, but it likely will not be enough to assist in pushing down the unemployment rate significantly.
(No major data, flat market right now. so boring)
Monday, January 10, 2011
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