{"id":337695,"date":"2011-03-25T10:51:08","date_gmt":"2011-03-25T10:51:08","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/03\/25\/stocks-poised-to-continue-upward-climb\/"},"modified":"2011-03-25T10:51:08","modified_gmt":"2011-03-25T10:51:08","slug":"stocks-poised-to-continue-upward-climb","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/03\/25\/stocks-poised-to-continue-upward-climb\/","title":{"rendered":"Stocks poised to continue upward climb"},"content":{"rendered":"<p><div readability=\"100.735167385\">    <!-- KEEP --><a href=\"http:\/\/money.cnn.com\/data\/premarket\/index.html\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/9cb27e56futures.top_.png.png\" alt=\"premarkets\" width=\"475\" height=\"280\" border=\"0\" class=\"cnnstoryImageFull\" \/><\/a><span><b>Click the chart for more on stocks<\/b><\/span><span id=\"fb-recommend\"\/><br \/>\n<span>By Julianne Pepitone, staff reporter<\/span><span>March 25, 2011: 8:10 AM ET<\/span><!--startclickprintexclude--><br clear=\"all\"\/><\/p>\n<p>NEW YORK\u00a0(CNNMoney) &#8212; U.S. stock futures continued their upward streak Friday, as investors await the final reading of fourth-quarter GDP and shrug off geopolitical concerns.<\/p>\n<p>Dow Jones industrial average (<a href=\"http:\/\/money.cnn.com\/quote\/quote.html?symb=INDU&#038;source=story_quote_link\">INDU<\/a>), S&#038;P 500 (<a href=\"http:\/\/money.cnn.com\/quote\/quote.html?symb=SPX&#038;source=story_quote_link\">SPX<\/a>) and Nasdaq (<a href=\"http:\/\/money.cnn.com\/quote\/quote.html?symb=COMP&#038;source=story_quote_link\">COMP<\/a>) <a href=\"http:\/\/money.cnn.com\/data\/premarket\/index.html\">futures<\/a> were all up about 0.4% ahead of the opening bell. Futures measure current index values against perceived future performance.<\/p>\n<p>Though unrest in the Middle East and Libya is spreading and Japan continues to deal with the effects of an earthquake, the market generally has trended higher this week.<\/p>\n<p>&#8220;This is a Teflon market,&#8221; said Mark Luschini, chief investment strategist at Janney Montgomery Scott. &#8220;It wants to go up, and it doesn&#8217;t seem to be stymied by much lately.&#8221;<\/p>\n<p>But two economic reports on tap for early Friday &#8220;could serve as a litmus test&#8221; for the domestic situation, Luschini said.<\/p>\n<p>The final reading of fourth-quarter U.S. GDP comes out at 8:30 a.m. ET. Economists are looking for GDP to be revised slightly to 2.9% from 2.8%, according to Briefing.com.<\/p>\n<p>Also on tap for Friday morning is the University of Michigan&#8217;s consumer sentiment survey for March. Economists expect a reading of 68.0 &#8212; down slightly from 68.2 in February.<\/p>\n<p>Mostly positive earnings news from the technology sector <a href=\"http:\/\/money.cnn.com\/2011\/03\/24\/markets\/markets_newyork\/index.htm\">boosted U.S. stocks<\/a> on Thursday, with all major indexes posting solid gains.<\/p>\n<p><a href=\"http:\/\/money.cnn.com\/news\/companies\/\"><b>Companies<\/b><\/a><b>:<\/b> Shares of Oracle (<a href=\"http:\/\/money.cnn.com\/quote\/quote.html?symb=ORCL&#038;source=story_quote_link\">ORCL<\/a>, <a href=\"http:\/\/money.cnn.com\/magazines\/fortune\/fortune500\/2010\/snapshots\/3057.html?source=story_f500_link\">Fortune 500<\/a>) were up 4.7% in premarket, after the software company <a href=\"http:\/\/cnnmoneytech.tumblr.com\/post\/4069040468\/oracles-profit-soars-78\" target=\"new\" rel=\"noopener noreferrer\">reported results<\/a> late Thursday that were mostly in line with expectations. Oracle earnings grew by 78%, and sales rose 37% in the previous quarter. The company also raised its quarterly dividend to 6 cents a share.<\/p>\n<p>Research in Motion (<a href=\"http:\/\/money.cnn.com\/quote\/quote.html?symb=RIMM&#038;source=story_quote_link\">RIMM<\/a>)<b> <\/b>shares plunged 12.1% in premarket trade, after the BlackBerry maker gave a weak first-quarter guidance late Thursday. <a href=\"http:\/\/money.cnn.com\/2011\/03\/24\/technology\/rimm_earnings\/index.htm\">RIMM&#8217;s earnings<\/a> were $1.78 per share, versus the $1.75 a share analysts had expected. Revenue rose 36% compared to last year, but still fell short of expectations.<\/p>\n<p>Homebuilder KBHome (<a href=\"http:\/\/money.cnn.com\/quote\/quote.html?symb=KBH&#038;source=story_quote_link\">KBH<\/a>) is scheduled to report its quarterly earnings results before the start of trade.<\/p>\n<p><a href=\"http:\/\/money.cnn.com\/data\/world_markets\/europe\/\">World markets:<\/a> European stocks were higher in morning trading. Britain&#8217;s FTSE 100, the DAX in Germany and France&#8217;s CAC 40 added 0.3%.<\/p>\n<p>Asian markets ended the session higher. The Shanghai Composite, the Hang Seng in Hong Kong and Japan&#8217;s Nikkei all gained about 1.1%.<\/p>\n<p><a href=\"http:\/\/money.cnn.com\/data\/currencies\/index.html\"><b>Currencies<\/b><\/a><b> and <a href=\"http:\/\/money.cnn.com\/data\/commodities\/index.html\">commodities:<\/a><\/b> The dollar rose against the euro, the Japanese yen and the British pound.<\/p>\n<p>Oil for May delivery gained 17 cents, or 0.2%, to $105.77 a barrel. <\/p>\n<p>Gold futures for April delivery added 80 cents, or less than 0.1%, to $1,435.70 an ounce. <\/p>\n<p><a href=\"http:\/\/money.cnn.com\/data\/bonds\/index.html\"><b>Bonds<\/b><\/a><b>:<\/b> The price on the benchmark 10-year U.S. Treasury fell, pushing the yield up to 3.40% from 3.39% late Thursday. \u00a0<a href=\"http:\/\/money.cnn.com\/2011\/03\/25\/markets\/premarkets\/index.htm?section=money_topstories&#038;utm_source=feedburner&#038;utm_medium=feed&#038;utm_campaign=Feed%3A+rss%2Fmoney_topstories+%28Top+Stories%29#TOP\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/0e63013ebug.gif\" alt=\"To top of page\" border=\"0\" width=\"7\" height=\"7\" \/><\/a><\/p>\n<p>First Published: March 25, 2011: 6:48 AM ET<\/p>\n<p><!--endclickprintexclude--><\/div>\n<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/9cb27e56futures.top_.png-150x150.png\" \/><\/p>\n<p>Original post:<br \/>\n<a target=\"_blank\" href=\"http:\/\/rss.cnn.com\/~r\/rss\/money_topstories\/~3\/PacvIfUi8Tk\/index.htm\" title=\"Stocks poised to continue upward climb\" rel=\"noopener noreferrer\">Stocks poised to continue upward climb<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> Click the chart for more on stocks By Julianne Pepitone, staff reporter March 25, 2011: 8:10 AM ET NEW YORK\u00a0(CNNMoney) &#8212; U.S. stock futures continued their upward streak Friday, as investors await the final reading of fourth-quarter GDP and shrug off geopolitical concerns. <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-337695","post","type-post","status-publish","format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Stocks poised to continue upward climb - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/03\/25\/stocks-poised-to-continue-upward-climb\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Stocks poised to continue upward climb - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Click the chart for more on stocks By Julianne Pepitone, staff reporter March 25, 2011: 8:10 AM ET NEW YORK\u00a0(CNNMoney) -- U.S. stock futures continued their upward streak Friday, as investors await the final reading of fourth-quarter GDP and shrug off geopolitical concerns.\" \/>\n<meta name=\"twitter:image\" content=\"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/9cb27e56futures.top_.png.png\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/25\/stocks-poised-to-continue-upward-climb\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/25\/stocks-poised-to-continue-upward-climb\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Stocks poised to continue upward climb\",\"datePublished\":\"2011-03-25T10:51:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/25\/stocks-poised-to-continue-upward-climb\/\"},\"wordCount\":459,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/25\/stocks-poised-to-continue-upward-climb\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/9cb27e56futures.top_.png.png\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/03\/25\/stocks-poised-to-continue-upward-climb\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/25\/stocks-poised-to-continue-upward-climb\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/03\/25\/stocks-poised-to-continue-upward-climb\/\",\"name\":\"Stocks poised to continue upward climb - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/25\/stocks-poised-to-continue-upward-climb\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/25\/stocks-poised-to-continue-upward-climb\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/9cb27e56futures.top_.png.png\",\"datePublished\":\"2011-03-25T10:51:08+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/03\/25\/stocks-poised-to-continue-upward-climb\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/25\/stocks-poised-to-continue-upward-climb\/#primaryimage\",\"url\":\"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/9cb27e56futures.top_.png.png\",\"contentUrl\":\"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/9cb27e56futures.top_.png.png\"},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Stocks poised to continue upward climb - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/03\/25\/stocks-poised-to-continue-upward-climb\/","twitter_card":"summary_large_image","twitter_title":"Stocks poised to continue upward climb - Ghanamma.com","twitter_description":"Click the chart for more on stocks By Julianne Pepitone, staff reporter March 25, 2011: 8:10 AM ET NEW YORK\u00a0(CNNMoney) -- U.S. stock futures continued their upward streak Friday, as investors await the final reading of fourth-quarter GDP and shrug off geopolitical concerns.","twitter_image":"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/9cb27e56futures.top_.png.png","twitter_creator":"@ghanamma","twitter_site":"@ghanamma","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2011\/03\/25\/stocks-poised-to-continue-upward-climb\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/03\/25\/stocks-poised-to-continue-upward-climb\/"},"author":{"name":"","@id":""},"headline":"Stocks poised to continue upward climb","datePublished":"2011-03-25T10:51:08+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2011\/03\/25\/stocks-poised-to-continue-upward-climb\/"},"wordCount":459,"commentCount":0,"image":{"@id":"https:\/\/www.ghanamma.com\/2011\/03\/25\/stocks-poised-to-continue-upward-climb\/#primaryimage"},"thumbnailUrl":"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/9cb27e56futures.top_.png.png","inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2011\/03\/25\/stocks-poised-to-continue-upward-climb\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2011\/03\/25\/stocks-poised-to-continue-upward-climb\/","url":"https:\/\/www.ghanamma.com\/2011\/03\/25\/stocks-poised-to-continue-upward-climb\/","name":"Stocks poised to continue upward climb - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ghanamma.com\/2011\/03\/25\/stocks-poised-to-continue-upward-climb\/#primaryimage"},"image":{"@id":"https:\/\/www.ghanamma.com\/2011\/03\/25\/stocks-poised-to-continue-upward-climb\/#primaryimage"},"thumbnailUrl":"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/9cb27e56futures.top_.png.png","datePublished":"2011-03-25T10:51:08+00:00","author":{"@id":""},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2011\/03\/25\/stocks-poised-to-continue-upward-climb\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2011\/03\/25\/stocks-poised-to-continue-upward-climb\/#primaryimage","url":"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/9cb27e56futures.top_.png.png","contentUrl":"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/9cb27e56futures.top_.png.png"},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2011\/#website","url":"https:\/\/www.ghanamma.com\/2011\/","name":"Ghanamma.com","description":"News In Ghana - Latest Ghana News Headlines","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/337695","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/comments?post=337695"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/337695\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/media?parent=337695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/categories?post=337695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/tags?post=337695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}