DJIA / Market Close for Tuesday, June 14, 2011

After the close…

We have the Pandora IPO possibly pricing at double expectations ($15).

A slew of data brought buyers back into the stock market today. Te buying moved the broad market to its best single-session percentage gain in almost two months.

After the close, CLC is the most notable stock expected to report earnings.

Futures are mixed after hours, with S&P 500 futures up +0.89 from fair value of 1282.11 and Nasdaq 100 futures down -1.01 from fair value of 2246.51.

Tomorrow before the open, there are five economic reports scheduled to be released: MBA Mortgage Index (Consensus NA), 2) CPI (Consensus 0.1%) and Core CPI (Consensus 0.1%), 3) Empire Manufacturing (Consensus 10.0), Net Long-Term TIC Flows (Consensus NA), 5) Industrial Production (Consensus 0.2%) and Capacity Utilization (Consensus 77.0%).

Tomorrow before the open no stocks expected to report earnings.

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