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Reply #4: Stocks Set to Open Flat; ISM Report Eyed [View All]

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ozymandius Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-02-04 09:35 AM
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4. Stocks Set to Open Flat; ISM Report Eyed
NEW YORK (Reuters) - Stocks are poised to open flat to slightly higher on Monday as investors took a cautious stance ahead of a report on the health of the manufacturing sector and sifted through earnings reports.

The Commerce Department (news - web sites) said early on Monday U.S. consumers spent slightly less than expected in December but an upward revision to spending in November pointed to a reasonably good holiday shopping season.

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About 15 percent of the S&P 500 reports this week, as the majority of the index's components have already posted their results.

story
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