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%.
123jump.com Staff
30 Nov, -0001
New York City
Market
albena
30 Nov, -0001
New York City
Market
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
