Feb 242012
 

Today’s data releases were mildly positive. Michigan Consumer Sentiment came in at 75.3, higher than expectations of 73. Also, New Home Sales were 321K vs. expectations of 315K. Biggest factor is still the 13,000 level for Dow. Market having tough time crossing that level.

4PM: S&P ended the day at 1366, up almost 2 points.