Elena
15 Aug, 2005
New York City
Market opened lower in contrast to expectations of high opening on government Key inflation figures release due this week. The Labor Department is releasing a consumer and producer price reports this week. Crude futures opened down 49 cents at $66.37 a barrel on eased refinery concerns. Retail companies release quarterly reports.
123jump.com Staff
14 Aug, 2005
New York City
Several economic indicators including CPI, PPI, housing starts and capacity utilization are to be released by the government this week. On earnings front, Limited Brands, Home Depot, Nordstrom, Abercrombie & Fitch, TJX, Foot Locker are few of the large retailers and Hewlett Packard, Gateway, Brocade, Sonic Solutions are few of the tech companies to release earnings.
123jump.com Staff
13 Aug, 2005
New York City
Home Depot, Nordstrom, Abercrombie & Fitch, TJX, Foot Locker are few of the large retailers to report earnings this week. Gateway, Brocade, Sonic Solutions are few of the tech companies on the list.
123jump.com Staff
12 Aug, 2005
New York City
Trade surplus looks like a distant dream. The month of June saw another record deficit of $58.8 billion largely driven by imports of oil and from China. Japan, Canada, Mexico and EU were other contributors to the deficit.1/3rd of the deficit is driven by oil imports during the month at $44.40 per barrel. On other news oil touched a new intra-day high and at close reached near $67.
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.