- albena
- 30 Nov, -0001
- New York City
Stocks declined Wednesday morning amid record crude prices and weaker dollar. U.S. light crude oil for September delivery hit an all-time trading high of $62.47 a barrel ahead of the weekly oil inventory report due at around 10:30 a.m. Weaker-than-expected earnings at Time Warner and Adidas-Salomon's $3.8 billion acquisition of Reebok International were also in the spotlight.
- albena
- 30 Nov, -0001
- New York City
Futures eased Wednesday morning, pointing to a lower opening as crude reached a new high and the euro climbed vs. the dollar. The Mortgage Bankers Association
- albena
- 30 Nov, -0001
- New York City
The falling oil prices and the upbeat economic readings helped U.S. stocks extend early gains Tuesday. Another round of better-than-expected earnings fueled the good sentiment. June factory orders rose 1% in line with expectations and followed an upwardly revised gain of 3.6% in May.
- albena
- 30 Nov, -0001
- New York City
The falling oil prices and the upbeat economic readings helped U.S. stocks gain ground in early trading. Comcast posted better-than-expected earnings, Qwest
- albena
- 30 Nov, -0001
- New York City
Futures were up in early trading, pointing to a slightly higher opening Tuesday after crude oil prices retreated from record highs. Ahead of weekly inventory data crude-oil futures still hover around $61 a barrel, down around 1%. Investors will also focus on the June personal income and factory-order reports due today and on another round of earnings reports.
- albena
- 30 Nov, -0001
- New York City
Commerce Department reported residential and commercial construction spending for June dropped from the spending in May but grew at 8% from a year earlier. The ISM manufacturing survey indicated robust manufacturing activity across many industries. The 26 month manufacturing expansion continues at a healthy pace.
- Elena
- 30 Nov, -0001
- New York City
Commerce Department reported residential and commercial construction spending for June dropped from the spending in May but grew at 8% from a year earlier. The ISM manufacturing survey indicated robust manufacturing activity across many industries. The 26 month manufacturing expansion continues at a healthy pace.
- 123jump.com Staff
- 30 Nov, -0001
- New York City
Commerce Department reported residential and commercial construction spending for June dropped from the spending in May but grew at 8% from a year earlier. The ISM manufacturing survey indicated robust manufacturing activity for the 26th month.
- albena
- 30 Nov, -0001
- New York City
After most of the S&P 500 already reported their quarterly earnings, investors will have to shift their focus to oil prices and the economy releases. Other companies to report include Tyson Foods, Devon Energy, Entergy, Ivax and Unocal, HSBC and ABN Amro Bank.
- 123jump.com Staff
- 30 Nov, -0001
- New York City
The economic expansion continued in the 2Q as consumer and government spending kept unabated. While economy grew at a slower pace than the previous quarter, core inflation index is running at a higher level than the Fed
- 123jump.com Staff
- 30 Nov, -0001
- New York City
Investments by businesses in equipment, government spending and rising exports was outweighed the inventory liquidation by businesses. The pace of business investment is likely pick up in the third quarter. Wendy
- Elena
- 30 Nov, -0001
- New York City
Investments by businesses in equipment, government spending and rising exports was outweighed the inventory liquidation by businesses. The pace of business investment is likely pick up in the third quarter. Wendy
- albena
- 30 Nov, -0001
- New York City
Futures are trading higher Friday ahead of economic data, seen as the main focus of the day. Consumer sentiment, Chicago manufacturing data and the report on 2Q GDP are scheduled for release. Investors are eager to see on whether broad Thursday's gains would lead to much follow-through buying Friday with U.S. commercial petroleum inventories still above normal levels.
- 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%.