U.S. equity markets opened barely higher this morning following a report that mortgage loan applications had fallen by 9.8% from the previous week, on top of a 7% decline for the prior period. In Asia, the Bank of Japan said it would maintain its key interest rate at 0.10% and would increase the country's monetary base. Show More Summary
Lord Bell opened the summer party season last night, with martinis on the back lawn of Lancaster House. It was a reception for the marriage of money and power. Norman… Continue reading The post Summer party season begins appeared first on Spectator Blogs.
By Jon Haghayeghi: Sifting Through Big Data This brief is written to give readers timely statistics on major equities before the opening bell. In this article, we identify the strongest seasonal sell signals in the equity markets and use sentiment analysis to determine whether each signal is likely to occur. Show More Summary
Bernanke Expected to Deliver Dovish Message (CNBC) Bernanke appears before the Joint Economic Committee at 10 a.m. EDT, and at 2 p.m., the minutes of the last Fed meeting will be released. “The doves are taking back the reins. The hawks...Show More Summary
By Jon Haghayeghi: Reading Between The Lines This brief is designed to give traders, fund managers and investors relevant morning statistics on major equities before the opening bell. In this article, we identify the strongest seasonal...Show More Summary
U.S. equity markets opened slightly higher this morning on another day when very little economic data was released anywhere around the globe. There was no data released at all in the U.S., and in Asia, Hong Kong's inflation rate rose to 4% in the past 12 months, ahead of projections. Show More Summary
After rising 0.4% to highs around 1,672 shortly after the opening bell, the S&P 500 has already given up all of its gains and has descended into negative territory in the first hour of morning trading. Right now, the index is trading at 1663, down 0.2% on the day. There were no U.S. Show More Summary
Odyssey Marine Exploration, Inc., will ring the Opening Bell at the NASDAQ MarketSite in New York on Thursday, May 23, 2013, at 9:30 a.m. to celebrate the grand
Apple’s Web of Tax Shelters Saved It Billions, Panel Finds (NYT) Thanks to what lawmakers called “gimmicks” and “schemes,” Apple was able to largely sidestep taxes on tens of billions of dollars it earned outside the United States in recent years. Show More Summary
Good morning. Here's what you need to know. Markets in Asia were mixed in overnight trading, with the Japanese Nikkei up 0.1%, the Hong Kong Hang Seng down 0.5%, and the Shanghai Composite up 0.2%. European markets are in the red across the board with the exception of the London FTSE, currently up 0.2%. Show More Summary
U.S. equity markets opened lower this morning but soon rose above the break-even line where it stayed until noon when share prices began to dip. That was quite a shift from Asian markets, where the three major indexes were all higher, with the Nikkei at a five-and-a-half year high. Show More Summary
By Selerity Research: By: Brendan Gilmartin, VP Research & Content Best Buy (BBY) is scheduled to report 1Q 2014 earnings before the opening bell on Tuesday, May 21. The earnings are expected at 7:00 a.m. EST and will be followed with a conference call at 8:00 a.m. Show More Summary
Hedge Fund Owner Gets Subpoena to Testify (DealBook) By subpoenaing Mr. Cohen, the government indicated that it was pursuing a case against SAC itself. Federal guidelines discourage prosecutors from soliciting grand jury testimony from the target of an investigation, which suggests that Mr. Show More Summary
And will begin answering to it at the opening bell on Monday.
To Buy Bonds or Not to Buy: Fed Hawks, Doves Air Views (WSJ) The presidents of the Dallas, Richmond and Philadelphia Federal Reserve banks, long skeptics of the wisdom of the bond buying, said this week that they would like to see the purchases scaled back immediately. Show More Summary
U.S. equity markets opened higher this morning, taking advantage of buying opportunities after yesterday's slide in equities' prices. In the U.S., the Thomson Reuters/University of Michigan consumer sentiment index and the Conference Board leading indicators both posted better-than-expected numbers and added more buying enthusiasm. Show More Summary
Spencer Platt/Getty ImagesGeneral Motors CEO Dan Akerson rings the opening bell on the floor of the New York Stock Exchange on Nov. 18, 2010, following the automaker's return to the U.S. stock market. By TOM KRISHER DETROIT -- Shares...Show More Summary
A year ago today, CEO Mark Zuckerberg "rang the bell" to open trading in one of the most hotly-anticipated initial public offerings in history as Facebook hit the stock market. And promptly went splat.
Good morning. Here's what you need to know. Asian markets were up in overnight trading with the Shanghai Composite up 1.4%, after the government reduced red tape for investment projects. Europe is higher and U.S. futures are modestly higher as well. Premier Li Keqiang has promised to reduce the role of the government in the Chinese economy. Show More Summary
U.S. equity markets opened mixed this morning following a blizzard of data releases on the U.S. economy. Before that data came out, however, there was some positive data out of both Europe and Asia. In Europe, the eurozone trade surplus came in much higher than expected and the consumer price index rose just 1.2% year-over-year. Show More Summary