Morning Rage 10.4.2012

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All index, energy, metals, and grains futures are higher today. The Dow futures are up fifty three points, S&P futures are up five and a half, and Nasdaq futures are up eleven. Crude is up a half of a point, while gold futures are up fifteen, silver is up a quarter and platinum gains thirteen. Corn bounces back up seven points.

Marriott (MAR) released its earnings after the market closed yesterday, beating the estimate of $0.40 by four cents. However, the company lowered its yearly earnings outlook. Marriott has been bolstering its lagging US revenue by focusing on overseas growth, especially in China.

Weekly jobless claims are reported today, which may be pushing futures higher this morning as well. Jobless claims are expected to grow this week up three thousand from its prior revised count of 363 thousand.