Stocks set for mixed start with GM, economy, housing in focus


U.S. stocks poised for a mildly higher start, although tech stock futures showed weakness. Investors hoped to continue the previous session's rally, helped by a report analysts believe the recession will end this year.

Still in focus is the auto sector with GM expected to announce bondholders rejected its offer and as Chrysler goes to bankruptcy court today. Housing will also remain in the headlines following housing prices data from yesterday. Today investors will be interested in existing home sales.

[Update 8:50 am: Stock futures erased gains and markets now poised for lower start.]
[Update 9:10 am: Stock futures again point to a mixed start.]

More here: Before the bell: Stock futures mixed to higher; GM, housing, economy in focus