The Obama Administration receives its first long term economic report card in the coming week with the release Friday of the advance report of second quarter gross domestic product, the first full quarter of the Obama presidency and stimulus plan.
Nearly one-third of the companies that comprise the S&P 500 index are scheduled to report quarterly data next week as earnings will continue to dominate the investment landscape.
An afternoon rally for the bulls wasn't enough to bring all the indices into positive territory Friday. The Dow closed up 0.3% to finish above 9000 for the first time since January 2, the S&P added 0.3%, and the Nasdaq