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Weekly Preview: Fed In Focus as Tapering Fears Mount
Friday, June 14, 2013 - 3:44pm | 2219Next week, the Fed's policy statement, updated forecasts and Press Conference with Chairman Ben Bernanke will be closely watched. Key earnings from companies including FedEx (NYSE: FDX), Micron Technology (NASDAQ: MU), and Oracle (NASDAQ: ORCL) will also be watched. Key Earnings Earnings from...
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Benzinga Market Primer: Tuesday, June 11
Tuesday, June 11, 2013 - 6:25am | 1148Futures Dip As Kuroda Disappoints U.S. equity futures fell in early pre-market trade after Bank of Japan Governor Kuroda disappointed markets by not announcing a new plan to extend the maturity of cheap, 0.1 percent loans it had been making. The Bank did upgrade its forecast for the economy as...
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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:...
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Benzinga Market Primer: Tuesday, June 4
Tuesday, June 4, 2013 - 6:25am | 1359Futures Marginally Lower Ahead of Quiet Day U.S. equity futures traded marginally lower after Monday's gains heading into a quiet day both on the earnings and economics calendars. Should the S&P 500 post gains today, it would mark the 21st consecutive Tuesday of gains. Top News In other news...
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Benzinga Market Primer: Wednesday, May 29
Wednesday, May 29, 2013 - 6:27am | 1051Futures Lower Following Tuesday Gains U.S. equity futures gave back some of Tuesday's gains in pre-market trade Wednesday. A driver of the sell-off could have been the IMF cutting its China growth forecast to 7.75 percent from 8 percent previously just one day after China's Premier said the...
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Weekly Preview: FOMC Minutes in Focus, Earnings Season Wanes
Friday, May 17, 2013 - 4:29pm | 2688In the upcoming week, market focus shifts back to the Fed as the FOMC minutes of the latest meeting are released. Also, Fed Chairman Ben Bernanke is set to speak as earnings season slows down, although there are still some key earnings set to be released. Key Earnings This week, the earnings...
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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...
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Benzinga Market Primer: Tuesday, May 7
Tuesday, May 7, 2013 - 6:29am | 1146Futures Flat Following RBA Rate Cut, European Bank Earnings U.S. equity futures traded near flat following a surprise rate cut from the Reserve Bank of Australia while earnings from three of Europe's largest banks reported better than expected earnings. However, futures awaited key earnings from...
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Benzinga Market Primer: Tuesday, April 30
Tuesday, April 30, 2013 - 6:38am | 1124Futures Flat on Mixed Economic Data U.S. equity futures traded little changed in early pre-market trade following mixed global economic data. Mixed data out of Japan was followed by a flood of data out of Europe which continued to point to room for the European Central Bank to ease policy further...
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Benzinga Market Primer: Tuesday, April 23
Tuesday, April 23, 2013 - 6:43am | 985Futures Lower on Weak Chinese, German Data U.S. equity futures traded lower in pre-market trade following weak data out of China and Germany. However, European shares traded higher on hopes of an ECB rate cut. Top News In other news around the markets: The Flash Chinese HSBC Manufacturing PMI...
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Benzinga Market Primer: Tuesday, April 16
Tuesday, April 16, 2013 - 6:31am | 1090Futures Higher After Two-Day Wall St. Sell Off U.S. equity futures bounced back higher in early pre-market trade following two days of steep declines. Key earnings from multiple industries should drive the market Tuesday. Top News In other news around the markets: The German ZEW Economic...
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Benzinga Market Primer: Tuesday, April 9
Tuesday, April 9, 2013 - 6:43am | 1047Futures Rise On Alcoa Beat U.S. equity futures rose slightly in pre-market trade following a positive report from economic bellwether Alcoa (NYSE: AA). Alcoa reported first quarter EPS ex-items of $0.11 which beat estimates of $0.08 but sales fell slightly short of the forecast. Alcoa also...
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Benzinga Market Primer: Tuesday, April 2
Tuesday, April 2, 2013 - 6:33am | 871Futures Rise Reversing Monday Declines U.S. equity futures rose in early pre-market trade despite some worrisome economic data being released overnight globally. The Eurozone Unemployment Rate rose to a record 12 percent in March, in line with estimates but actually showing smaller than expected...
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Benzinga Market Primer: Tuesday, March 26
Tuesday, March 26, 2013 - 6:19am | 829Futures Slightly Higher Despite Euro Fears U.S. equity futures were slightly higher in early pre-market trade despite fears emanating from the eurozone over a new bailout template laid out by Cyprus. Comments from Eurogroup Finance Minister Jeroen Dijsselbloem sent markets lower Monday after he...
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Benzinga Market Primer: Tuesday, March 19
Tuesday, March 19, 2013 - 6:33am | 885Futures Flat, Awaiting Cyprus Decision U.S. equity futures were flat in early pre-market trade as markets awaited a vote in the Cypriot parliament to decide if the recently discussed bailout passes. The President of Cyprus Monday cancelled a vote as the bailout legislation did not have enough...