DJIA Futures Pointing to Friday Decline

(Before It's News)

Stock market today, February 27, 2015: Good morning! DJIA futures forecasted a 13-point decrease from yesterday’s close. As of 9 a.m. EDT, DJIA futures read an 11-point (0.06%) loss.

This morning, investors are reacting to the second revision of the Q4 2014 GDP reading. The U.S. government said it grew a pace of 2.2%, which beat expected growth of 2.1% in fourth quarter. Still, the pace is a large decline from the Q3 2014 final reading of 5%.

Later this morning, the markets will keep an eye on the University of Michigan’s final February count on consumer sentiment, and a report on pending January home sales.

The post DJIA Futures Pointing to Friday Decline appeared first on Money Morning – We Make Investing Profitable.

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