Green Territory

Trading concluded in green territory on Tuesday. Alcoa, Bank of America and Hewlett-Packard led the Dow’s upswing. Brands made gains amid speculation that the Federal Reserve will offer up further economic stimulus at the upcoming two-day policy meeting. Meanwhile, the Census Bureau said the U.S. trade deficit expanded in July. Having increased to $42 billion from a downwardly revised $41.9 billion in June, economists had expected the gap to widen to $44 billion. On another note, crude oil futures added 63 cents today to settle at $97.17 a barrel.

Disclosures:
All material presented is compiled from sources believed to be reliable and current, but accuracy cannot be guaranteed. The contents are intended for general information purposes only. Information provided should not be the sole basis in making any decisions and is not intended to replace the advice of a qualified professional, such as a tax consultant, insurance adviser or attorney. Although this material is designed to provide accurate and authoritative information with respect to the subject matter, it may not apply in all situations. Readers are urged to consult with their adviser concerning specific situations and questions. This is not to be construed as an offer to buy or sell any financial instruments. It is not our intention to state, indicate or imply in any manner that current or past results are indicative of future profitability or expectations. As with all investments, there are associated inherent risks. Please obtain and review all financial material carefully before investing.