Title: Stocks mostly lower to start the week

" Stocks moved mostly lower despite some positive economic reports the major indexes are. Off about 1% here's a look at the numbers the Dow Jones Industrial Average closes at nearly 9779. Dropping 41 point. The NASDAQ finishes it 2138. Gaining five. The S&P 500 and that more than 1064 losing more than three. Regionally Bloomberg's New England index slips one and a quarter -- New England tech stock index falls three quarters of a point."

" Market analysis tonight -- Jim Lowell chief investment strategist at adviser investments and the editor of fidelity investor. Dot com James in the newsroom hello Jim -- So the Dow's down from eleven month high now I've read that some have speculated that the there was this rally is is. -- prospects for profit gains you great."

" I definitely think the markets a bit ahead of the fundamentals that we don't get it to third quarter earnings quite yet spent two weeks down the road and they'll really really be the tail of the next. Either rebounder pullbacks -- today saw some. Marginal profit taking but the reality is the market closed. Higher than its intraday low that's typically good son typically assignment is not a lot of conviction either on the cell or the buy side. Now another indication that this this recovery is under way is that index of leading economic indicator. Gasoline -- seven out of ten of the elements in those fleeing economic indicator report today and we knew it was going to be basically net positive. Actually fell just shy of analysts' estimates but. But you're looking at leading lagging or coincident indicators. Basically what we're seeing is signs of complete stabilization now. In the domestic economy the global economy still a little bit uneven in terms of its us going back to stabilization. But here things are looking. Really really phenomenally better measured against where we've recently been. We have to get we've got a way to those third quarter earnings or if if they're that what. We've -- you'd like him could be applied -- credit shell into the market for the winner. It's certainly could there's no doubt about the fact that what we've seen is basically companies in the second quarter. -- beating expectations based on better bottom line management. That's done through cost cutting and layoffs but the market's gonna need to see in order to fuel the next leg of its returns. We'll see top line growth in other words sales if this market can't see signs of sales growth. This will be a cause it could attract. Good news on the merger and acquisition front. Another multi billion dollar -- Monday certainly not anywhere near the pace of -- Monday's that we have seen in the recent past but the reality is that like to see mergers and acquisitions activity. It's a key sign this -- in the technology sector Dell acquiring Perot Systems. He sign that businesses are looking to maintain or even become. More competitive in this case Dell really looking to. Increase the scope and scale with business enterprise solutions I think that fairly bullish sign. The investors however took a different view -- sold off nearly 4% while the NASDAQ of course you point out that. Top of the show -- got a slight -- today what will you be looking at this week Jim for the rest of the week we get a raft of economic data everything from existing home prices tomorrow to new and existing homes sales. We also get the Fed this starts its meeting tomorrow. Ways in which we'll I think not be a rate hike is just status -- report on Wednesday. -- we also get that he consumer sentiment the numbers on Friday as -- The always while -- and volatile jobless claims numbers on Thursday so really economics will be a key source of the market drivers this week."

" All right could not Jim always good to hear you Jim -- chief investment strategist at adviser investments. And editor of Fidelity Investments that come back to question."