Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:
1) International Overview
European markets were declining in early trading as a new report showed the European manufacturing sector had essentially stagnated at the end of the year.
The main indexes in France and Germany were both off by about 1%.
Some Asian markets were closed Friday, but those that were open registered gains for the day.
2) Economic Announcements
The ISM manufacturing index will be published at 10:00am ET.
At the same time, the US Census Bureau will release data on construction spending.
3) Ready For a Run
US stock futures are set for a mini surge Friday, rebounding from a drop right ahead of New Year's Eve.
4) Check on Commodities
Gold and oil prices were fairly steady in early trading.
Crude futures were trading near $53.50 per barrel. Gold prices were sitting at $1,185 per ounce.
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