-
Market Wrap For April 14: Markets Surge on Positive Retail Data, Citi Earnings
Monday, April 14, 2014 - 4:36pm | 2450U.S. stocks rose to start off the holiday-filled shortened trading week on a positive note as investors found plenty of reason to be optimistic on retail sales which jumped the most since 2012. Investors were also encouraged by Citigroup's better than expected earnings which eased investor...
-
Market Wrap For December 12: Dow Suffers Second Consecutive Day of Triple Point Loss
Thursday, December 12, 2013 - 5:41pm | 2348Major indices continued its decline from yesterday as the Dow suffered a triple digit point loss for the second consecutive day. Positive retail sales data added to an otherwise already convincing case that the economy is strong enough for the Federal Reserve to begin tapering. The Fed's policy...
-
Benzinga Market Primer: Monday, August 12: Futures Lower After Weak Japan Data
Monday, August 12, 2013 - 6:27am | 998Futures Lower After Weak Japan Data U.S. equity futures traded lower in early pre-market trade following a much weaker than expected GDP report out of Japan. With little data out today in the U.S. and thin trading volumes due to the time of the year, volatile trading could be on tap. Top News In...
-
Benzinga Market Primer: Thursday, July 11: Futures Rise After Bernanke Speaks
Thursday, July 11, 2013 - 6:38am | 1240Futures Higher On Dovish Bernanke U.S. equity futures rose sharply as a speech from Federal Reserve Chairman Ben Bernanke after the close Wednesday was much more dovish than expected. The comments show that the Fed is not looking to end its easy money policies any time soon. Top News In other...
-
Weekly Preview: Alcoa Kicks Off Earnings Season
Friday, July 5, 2013 - 4:03pm | 1951In the upcoming week, second quarter earnings season formally kicks off with the much-anticipated earnings report from Alcoa (NYSE: AA). Also, JP Morgan Chase (NYSE: JPM) kicks off financials earnings while Yum! Brands' (NYSE: YUM) earnings report will be closely watched for comments on its...
-
Eurozone Industrial Production Picks Up In April Unexpectedly
Wednesday, June 12, 2013 - 9:57am | 531Industrial production in the eurozone unexpectedly picked up in April following strong gains in March. Also, Eurostat reported that the year-over-year decline in production was much smaller than expected in April, adding further signs to the thesis that maybe the eurozone's economy as a whole is...
-
Benzinga Market Primer: Wednesday, June 12
Wednesday, June 12, 2013 - 6:24am | 900Futures Rally as Risk Appetite Returns U.S. equity futures rose in early pre-market as better than expected economic data from the eurozone sparked a risk rally.The yen weakened, the Australian dollar bounced back, and equity futures rose in what appears to be a return to risk. Top News In other...
-
Weekly Preview: Retail Sales, Lululemon Earnings to Drive Markets
Friday, June 7, 2013 - 4:28pm | 2201The next week brings a relatively light week on the data front, with few earnings and scarce data economic data marking the calendar. The May retail sales report on Thursday and earnings from key companies including Lululemon Atletica (NASDAQ: LULU), Navistar (NYSE: NAV), and PVH Corp. (NYSE:...
-
Benzinga Market Primer: Tuesday, May 14
Tuesday, May 14, 2013 - 6:32am | 862Futures Slightly Lower on Mixed European Data U.S. equity futures traded slightly lower in early pre-market trade following mixed economic data out of the eurozone. The moves follow basically flat trading on Wall Street from Monday after futures rallied into the open following weaker than expected...
-
Benzinga Market Primer: Friday, April 12
Friday, April 12, 2013 - 6:34am | 942Futures Lower Ahead of Bank Earnings U.S. equity futures slipped in early pre-market trading Friday ahead of key earnings from U.S. banking giants J.P. Morgan Chase (NYSE: JPM) and Well Fargo (NYSE: WFC). Famed analyst Dick Bove believes that 2013 bank earnings will be record-setting earnings once...
-
Benzinga Market Primer: Tuesday, March 12
Tuesday, March 12, 2013 - 6:49am | 989Futures Slide on Asian Weakness U.S. equity futures slid in early pre-market trade after Asian shares reversed early gains to close lower. The Japanese Nikkei Index broke an eight-day winning streak to close lower after opening higher and raising hopes of a record nine-day winning streak. Top...
-
Benzinga Market Primer: Wednesday, February 13
Wednesday, February 13, 2013 - 7:24am | 863Futures Flat Ahead of G20 U.S. equity futures were relatively unchanged overnight ahead of the much anticipated G20 Summit. Also, investors eye earnings from many U.S. companies today. Top News In other news around the markets: Dell (NASDAQ: DELL) investors look set to try to block the proposed...