123jump.com Staff
12 Aug, 2005
New York City
Oil, China, Japan and NAFTA form the bulk of trade deficit in June. The 11% jump in deficit is likely to be higher in the coming months as oil prices keep rising from the average price of $44 per barrel in June. Last trade surplus was recorded in the year 1976.
123jump.com Staff
12 Aug, 2005
New York City
Oil, China, Japan and NAFTA form the bulk of trade deficit in June. The 11% jump in deficit is likely to be higher in the coming months as oil prices keep rising from the average price of $44 per barrel in June. Last trade surplus was recorded in the year 1976.
albena
12 Aug, 2005
New York City
Futures pointed to a lower opening for stocks due to record high oil prices and lower earnings guidance from Dell. Expectations of a widening trade gap also helped drag futures lower on Friday. Information on the trade deficit and data on import and export prices are expected before the start of trading Friday. Shortly after the opening bell, the University of Michigan is due to announce its preliminary index of August consumer sentiment.
123jump.com Staff
30 Nov, -0001
New York City
July retail sales gained 1.8% better than gains in June and 4-week average and last week
123jump.com Staff
30 Nov, -0001
New York City
July retail sales gained 1.8% better than gains in June and 4-week average and last week
albena
30 Nov, -0001
New York City
Futures were trading higher early Thursday, pointing to a higher opening for stocks. Crude oil prices eased back but still hovered around record levels. Investors will focus on oil prices, corporate news and the latest economic readings to see if stocks can rebound from the recent broad decline. The government report at 8.30 is expected to show that retail sales quickened in July which will be a sign that economy continues to expand.
123jump.com Staff
30 Nov, -0001
New York City
Early morning enthusiasm lifted averages but as oil climbed to $65 the market meltdown began. The 100 plus point rally in Dow turns 25 points sell-off. American Italian Pasta shares are down 34%. AIG, Disney, Cisco, Ralph Lauren trade on earnings news.
123jump.com Staff
30 Nov, -0001
New York City
Traders have decided to focus on the positive news in the Fed
123jump.com Staff
30 Nov, -0001
New York City
Traders have decided to focus on the positive news in the Fed
123jump.com Staff
30 Nov, -0001
New York City
Traders have decided to focus on the positive news in the Fed
albena
30 Nov, -0001
New York City
Futures are higher Wednesday morning and stocks seem poised to continue the Fed rally from Tuesday, shrugging off weaker-than-expected outlook from tech bellwether Cisco and rising oil. In mid-morning, the government is due to release its weekly petroleum inventory statistics, which is likely to affect the oil market.
123jump.com Staff
30 Nov, -0001
New York City
The Fed
123jump.com Staff
30 Nov, -0001
New York City
The Fed
123jump.com Staff
30 Nov, -0001
New York City
Fed raised for the tenth time since June 2004 short-term interest rates by 25 basis points to 3.5%. Fed appears to raise rates again in the near future. Wholesale inventories in June were $353.1 billion, up 0.7% from May and up 10.2% from one year ago. Sales were $297.3 billion, up 0.6% from last month and up 7.8% from June 2004.
123jump.com Staff
30 Nov, -0001
New York City
Productivity rose 2.2% in the second quarter, down from 3.2% in the first quarter, and rose at an annual rate of 1.3%. Investors are expecting Fed to raise interest rate this afternoon. Wholesale inventories rose 0.7% more than expected.
