Sentiment May Remain Nervous Ahead of Week’s Key Events
The major U.S. index futures are pointing to a mixed opening on Monday with sentiment reflecting the nervous mood of the market participants ahead of some key events of the week. Earlier in the day, Greek elections results stirred anxiety in the global markets. After starting on a nervous note, stocks in Germany and France found some footing following the release of better than expected German business sentiment reading. With domestic earnings offering not much direction, the markets may focus on a service sector reading due shortly after the markets open.
1/26/2015 4:22:30 PM After recovering from an early move to the downside, stocks moved modestly higher over the course of the trading day on Monday. With the turnaround on the day, the tech-heavy Nasdaq closed higher for the sixth consecutive session.