- 123jump.com Staff
- 30 Nov, -0001
- New York City
Market made a steady climb. More than 400 companies released earnings including 20 S&P 500 companies. So far 71% of SP500 companies, 311 out of 500, have managed to deliver better-than-expected earnings. Market averages at 4-year high and S&P 500 likely to deliver better than 10% earnings. After the bell Whole Foods climbs 11%.
- albena
- 30 Nov, -0001
- New York City
U.S. stocks are expected to trade higher at the open Thursday, as traders get ready for another flood of major corporate earnings results and jobless-claims data, seen rising in the latest week. DaimlerChrysler's 2Q net rose 28%, AstraZeneca's 2Q net profit rose nearly 50% on strong drug sales.
- 123jump.com Staff
- 30 Nov, -0001
- New York City
Market puts belief in Fed Beige report indicating favorable economic climate and contained inflation. Strong Earnings from manufacturing sector and healthy gains in durable orders and single family home sales for the month of June and higher weekly distillate inventory for the last week put the economic picture on a firmer foundation.
- Elena
- 30 Nov, -0001
- New York City
Strong Earnings from manufacturing sector and healthy gains in durable orders and single family home sales for the month of June and higher weekly distillate inventory for the last week put the economic picture on a firmer foundation. Market so far has not reacted to positive news.
- albena
- 30 Nov, -0001
- New York City
Futures were little changed in early trading, pointing to a slightly higher to flat opening, after Amazon posted better-than-expected earnings and sales after the market close Tuesday. Kellogg and ConocoPhillips are also slated to report Wednesday. Investors are gearing up for U.S. durable-goods orders data, expected to be modestly lower in June. Oil prices will also be in focus as the latest U.S. inventory data, due at 10:30 is seen to point to a fourth weekly decline in crude oil stock piles.
- 123jump.com Staff
- 30 Nov, -0001
- New York City
Market remains cautious during the day despite most companies reporting better than anticipated earnings. So far S&P companies are reporting earnigs of at least 9% or better than a year ago and 74% of the companies have beathen the estimates. Drop in consumer confidence and rise in oil price did not bring new buyers to the market. GM agreed to sell $55 billion of financial aeests to BofAmerica over the next five years.
- Elena
- 30 Nov, -0001
- New York City
Market remains cautious at the opening despite some companies reporting better than anticipated earnings. So far S&P companies are reporting earnigs of at least 9% or better than a year ago and 74% of the companies have beathen the estimates. The market remains in a cautious mood as it awaits the Consumer Confidence Index reading.
- Elena
- 30 Nov, -0001
- New York City
Market remains cautious at the opening despite some companies reporting better than anticipated earnings. So far S&P companies are reporting earnigs of at least 9% or better than a year ago and 74% of the companies have beathen the estimates. The market remains in a cautious mood as it awaits the Consumer Confidence Index reading.
- albena
- 30 Nov, -0001
- New York City
Futures were up in early trading, pointing to a higher opening for stocks after in its late Monday
- 123jump.com Staff
- 30 Nov, -0001
- New York City
Existing-home sales surpassed market expectations and reached another record in June as low mortgage interest rates drove June sales to 7.33 million homes and median home price rose to $216,000 from $209,000.Asian benchmarks closed mostly higher. Japan
- 123jump.com Staff
- 30 Nov, -0001
- New York City
Existing-home sales surpassed market expectations and reached another record in June as low mortgage interest rates drove June sales to 7.33 million homes and median home price rose to $216,000 from $209,000.Asian benchmarks closed mostly higher. Japan
- 123jump.com Staff
- 30 Nov, -0001
- New York City
Existing-home sales surpassed market expectations and reached another record in June as low mortgage interest rates drove June sales to 7.33 million homes and median home price rose to $216,000 from $209,000.Asian benchmarks closed mostly higher. Japan
- albena
- 30 Nov, -0001
- New York City
Futures were down in early trading, pointing to a lower opening for stocks, in a week that expects to receive earnings reports from nearly 30% of the S&P's 500 companies. Rising oil and the possibility of more earnings in the red might discourage traders from buying. On Friday government is expected to report the economy slowed in 2Q. Europe's No.1 mobile phone company Vodafone said Monday that it signed up 4.1 million users in 1Q, topping views and up 35% vs. a year ago.