Stocks are trading modestly lower as investors look to the retail sector and the Federal Reserve for signs of how the economy is faring.
Overseas, Asian markets rose, while European markets traded lower.
The market has rallied amid continued signals that the recession is easing. Investors will be looking to earnings reports this week from retailers to determine how consumers are faring.
A Fed meeting later in the week could also provide insight into potential indications of a recovery.
In early trading Monday, the Dow Jones industrial average is down 43.07, or 0.5 percent, at 9,327.00. The Standard & Poor's 500 index is down 5.78, or 0.6 percent, at 1,004.70, while the Nasdaq composite index is down 10.68, or 0.5 percent, at 1,989.57.
Yesterday’s Top Performing Small Cap stock:
GWS Technologies, Inc. (OTC BB: GWSC) was a SmallCapVoice.com top performer closing up over 10% on trading volume of 38,500 shares.
Richard Reincke, CEO of GWS Technologies Inc., Updates Shareholders on Recent News in Audio Interview at SmallCapVoice.com. The interview can be heard at http://smallcapvoice.com/blog/7-31-09-audio-interview-with-gws-technologies-inc-otcbb-gwsc/
GWS stands for GreenWindSolar. We are a renewable energy technology company developing and marketing solar and wind-powered renewable energy products and solutions. Our products and solutions are part of the new microgeneration movement that is transforming the way businesses and consumers provide for their energy needs. The company was founded in 2005 and is headquartered in Scottsdale, Arizona.
Today’s SmallCapVoice.com Hot Stock to Watch:
Mantra Venture Group Ltd. (OTC BB: MVTG)
Mantra, through its group of sustainable energy, carbon reduction and consumer product subsidiaries, is active in the green technology marketplace with an innovative, multi-faceted approach focused on profitability through sustainability. By aggressively seeking out new technologies and innovating solutions for a cleaner earth for everyone, Mantra intends to provide a highly profitable and environmentally responsible investment for its shareholders.
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