Friday Morning News And Views

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This morning, the S&P 500 Index e-mini futures (ES U1) are trading higher by 1.00 point to 1316.50 per contract. The major stock indexes are expected to trade very light volume today, many institutional traders have already headed out to their vacation spots for the long holiday weekend. The markets in the United States will be closed on Monday for the Independence Day holiday on July 4, 2011. Therefore, it would be prudent to expect somewhat of a flat trading session overall.

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