World stock markets were mixed in quieter trading overnight, as the world markets awaited the readings on a heavy batch of U.S. economic reports due out Friday morning. There are also some earnings reports from big U.S. financial institutions due out today. U.S. stock indexes are pointed toward slightly lower openings when the New York day session begins.
Gold prices are trading firmer in pre-U.S. session trading. While prices are still in a near-term downtrend, the gold bulls this week were able to at least temporarily stop the downside bleeding in their market.
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