Wall Street Retreat,amid worries about the debt crisis in Greece and economic reports

Stock marker News Today about trading on Wall Street Retreat because of the influence of U.S. Economic Data Released.Wall Street in trading today closed lower back, especially triggered by the release of disappointing economic data such as jobless claims and durable goods.Wall Street ended Thursday’s session lower, amid worries about the debt crisis in Greece and weaker-than-expected economic reports. But sentiment improved in the final hour of trading and stocks pared losses. Dow Jones fell 53.13 points, or 0.51% to as low as 10,321.03; S & P 500 slumped 2:30 points or 0.21% to as low as 1,102.94, while Nasdaq weakened 1.6799 points or 0.08% to as low as 2,234.22.U.S. stocks were poised for a positive open Friday, as investors reacted to encouraging news overseas and waited for further direction from economic reports. Dow Jones industrial average, S&P 500 futures and Nasdaq 100 futures were higher, though the gains were modest.Futures measure current index values against perceived future performance and offer an indication of how markets may open when trading begins in New York.The focus today is trading on a number of disappointing economic data market.the government will release a revision of fourth-quarter gross domestic product. A consensus of economists surveyed by Briefing.com expects growth at an annual rate of 5.7%, unchanged from the first reading last month.After the opening bell, the Chicago purchasing managers’ index is expected to slip to 59.7 for February, down from 61.5 the prior month but still indicating expansion in the region’s manufacturing sector.

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