- albena
- 30 Nov, -0001
- New York City
After 3 days of declines in a row, on Tuesday the futures point to a slightly higher open ahead of the word from the Federal Reserve on future interest rate hikes. Corporate news is likely to give direction to individual stocks and sectors. Oil eased back from the $64-per-barrel level it hit overnight. Second-quarter non-farm productivity and June wholesale-inventories data are also expected today.
- 123jump.com Staff
- 30 Nov, -0001
- New York City
In a day of at least four merger deals, market
- 123jump.com Staff
- 30 Nov, -0001
- New York City
In a day of at least four merger deals, market
- 123jump.com Staff
- 30 Nov, -0001
- New York City
Market traded higher despite oil hitting a new record high Monday after the United States closed its embassy in Saudi Arabia on terrorism threat. Tech stocks offer some support on talk of Cisco considering a takeover of cellphone maker Nokia. Fed meeting is expected to lead interest rate hike by 25 basis points. This week's treasury auction will be closely watched to monitor the level of foreign Central Bank's participation.
- albena
- 30 Nov, -0001
- New York City
Futures were higher despite oil hitting a new record high Monday after the United States closed its embassy in Saudi Arabia on terrorism threat. Tech stocks offer some support on talk of Cisco considering a takeover of cellphone maker Nokia. Fed meeting is expected to lead interest rate hike by 25 basis points. This week's treasury auction will be closely watched to monitor the level of foreign Central Bank's participation.
- 123jump.com Staff
- 30 Nov, -0001
- New York City
Earnigs season as it eneters in the final week of peak period, market is likely to focus on earnings from Cisco, Dell, Nortel, Federated Department, and Target. Fed meeting is expected to lead interest rate hike by 25 basis points. This week's treasury auction will be closely wwatched to monitor the level of foreign Central Bank's participation.
- 123jump.com Staff
- 30 Nov, -0001
- New York City
Market is in the last week of heavey earnings season with 800 companies to release earnings. Dell, Cisco, Target, Federated Stores, Disney, Kohl's, Nortel, Mittal Steel, Four Seasons Hotels, Deutsche Telekom and others. The treasury auction this week will be closely watched for the level of participation from Central Bankers around the world.
- albena
- 30 Nov, -0001
- New York City
After Thursday's notable retreat, futures are higher early Friday morning ahead of the much anticipated July employment report due at 8:30 a.m. Monthly payrolls data will largely determine the course of early trading though too-strong jobs report could raise worries that the Fed may have to raise rates more than expected. The earnings calendar is comparatively light Friday.
- 123jump.com Staff
- 30 Nov, -0001
- New York City
After three positive days of trading market averages took a breather. Unemployment claims report, disappointing July retail sales and higher oil price led market decline. Teenage retailers remain star of the retail sales. Abercrombie, Urban outfitters, American Eagle keep taking market share away from Limited, Gap and other established store chains.
- 123jump.com Staff
- 30 Nov, -0001
- New York City
Teenage retailers remain the star of the retail sales report. Abercrombie, Urban outfitters, American Eagle keep taking market share way from Limited, Gap and other established store chains. Crude oil and gold is up but silver and copper is trading lower. Exxon Mobil's CEO and Chairman to retire at the end of this year.
- 123jump.com Staff
- 30 Nov, -0001
- New York City
Teenage retailers remain the star of the retail sales report. Abercrombie, Urban outfitters, American Eagle keep taking market share way from Limited, Gap and other established store chains. Crude oil and gold is up but silver and copper is trading lower.
- albena
- 30 Nov, -0001
- New York City
Stocks are poised to open lower on Thursday, as some profit-taking is expected at opening after a slight recovery of the futures market on a couple of good results across Europe. With little economic news scheduled for today, trading may be dull ahead of July unemployment report due Friday. Investors are likely to refrain from taking positions as oil prices edged up. Same-store sales at Wal-Mart rise 4.4% in July.