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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: Monday, June 3
Monday, June 3, 2013 - 6:35am | 997Futures Slightly Higher as Global Shares Drop U.S. equity futures traded slightly higher in early pre-market trade despite weakness elsewhere around the world. Better than expected manufacturing PMIs across the eurozone are helping to prop assets despite sustained weakness in emerging markets...
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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: Monday, May 6
Monday, May 6, 2013 - 6:46am | 1003Futures Sightly Higher on Economic Data U.S. equity futures rose slightly in early pre-market trade following the strong employment report from the U.S. and better than expected services data from the EU. Notably, Japanese and U.K. markets were closed overnight. Top News In other news around the...
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Benzinga Market Primer: Thursday, April 25
Thursday, April 25, 2013 - 6:42am | 1160Futures Slightly Higher on Earnings, Economy U.S. equity futures traded slightly higher in early pre-market trade as mixed earnings and economic data kept any bullish sentiment tepid. Key economic reports from Europe continued to point to slow-to-no growth and mixed earnings from key economic...
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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: Wednesday, April 10
Wednesday, April 10, 2013 - 6:47am | 1203Futures Higher as Yen Slides, Eyeing FOMC Minutes U.S. equity futures rose in early pre-market trade Wednesday as the markets continued to react to Japan's easing policies. Later today, the minutes of the latest FOMC meeting will be released and markets will be focused on any language related to...
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Benzinga Market Primer: Wednesday, April 3
Wednesday, April 3, 2013 - 6:33am | 874Futures Higher On Strong Chinese Services Data U.S. equity futures rallied in early pre-market trade following stronger than expected data on China's services sector. The official Non-Manufacturing PMI in China rose to 55.6 in March from 54.5 in February and the HSBC China Non-Manufacturing PMI...
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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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Chinese Manufacturing Underperforms in March; Raises Fears of Another Summer Swoon
Monday, April 1, 2013 - 9:14am | 551Two broad measures of Chinese manufacturing pointed to weakness in March following declines in February. The manufacturing weakness raises fears of the global economy once again experiencing a summer slowdown as it has in the previous three years. First, the official Chinese Manufacturing PMI was...
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Benzinga Market Primer: Tuesday, March 5
Tuesday, March 5, 2013 - 7:21am | 830Futures Higher on Strong European Services Data U.S. equity futures rallied in early pre-market trade following stronger than expected Non-Manufacturing PMI data from the eurozone and the U.K. The Eurozone Services PMI rose to 47.9 in February from 47.3 in January on expectations of a flat reading...
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Benzinga Market Primer: Monday, March 4
Monday, March 4, 2013 - 7:15am | 959Futures Lower on Weak Chinese Data, Italy Fears U.S. equity futures fell in early pre-market trade Monday following weaker than expected data from China and also on continued fears surrounding the state of Italian politics. New data showed that China's services sector grew faster than expected in...
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Benzinga Market Primer: Friday, February 15
Friday, February 15, 2013 - 7:25am | 844Futures Lower as G20 Condemns Yen Moves, Euro Fears Remain U.S. equity futures traded lower in pre-market trade as the G20 nations condemned Japan's moves on the yen in favor of market determined exchange rates. Leaders from the 20 economies are looking for common ground to make a formal joint...
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Benzinga Market Primer: Monday, February 4
Monday, February 4, 2013 - 7:20am | 704Futures Flat on Global Fears U.S. equity futures were flat in pre-market trading Monday on global fears as eurozone risks crept higher. Peripheral bond yields rose overnight as former Italian Prime Minister Silvio Berlusconi wants to undo austerity measures just two weeks before elections and also...
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Benzinga Market Primer, Monday, December 3
Monday, December 3, 2012 - 7:56am | 780Futures Rise on Chinese Data U.S. equity futures rose slightly in early Monday trade following a slew of Chinese data over the weekend. The Chinese Manufacturing PMI rose to 50.6 in November from 50.2 in October, showing a continued recovery in the sector. In addition, the official Services PMI...