U.S. stock index futures are trading steady to better ahead of this afternoon’s testimony by Fed Chairman Ben Bernanke. Shortly before testimony is to begin, investors will have the chance to react to earnings reports from...
Read MoreU.S. equity markets plunged in pre-market trading following a weaker than expected U.S. Housing Starts report. It was reported that in June housing starts fell to a 549,000 pace, a 5% drop and an 8-month low. The Dollar and...
Read MoreA turnaround in European stock markets helped pull U.S. equity markets off their lows in light overnight trading. Stocks were under pressure early in the session led by a jump in insurance costs for Irish and Hungarian debt....
Read MoreU.S. stock futures markets posted daily closing price reversal tops on Thursday, sending a signal that a correction may be looming. It is going to take a break through Thursday’s lows however to confirm the formation which...
Read MoreU.S. equity futures markets moved higher in pre-market trading after a lackluster overnight trade, bolstered by news that earnings from J.P. Morgan exceeded analyst estimates. The company reported a net profit per share of...
Read MoreU.S. Retail Sales were disappointing but not as bad as last month’s number. The report showed that retail sales were down but the decline fell in line with pre-report expectations. Equity futures markets have retreated...
Read MoreU.S. stock futures are called higher this morning as investors look forward to a positive earnings season. Late yesterday Alcoa kicked off earnings season by reporting a $136 million profit on stronger-than-anticipated 22%...
Read MoreOvernight selling pressure in Asia and Europe has U.S. investors looking for a weaker opening. With no major economic reports today, investors will be focusing on earnings. After the stock market close today, Alcoa is expected...
Read MoreThe early call is for a lower opening on Wall Street this morning, in what appears to be profit-taking or position evening ahead of the start of earnings season next week. Unless the market gets a jolt from a much better than...
Read MoreThe European Central Bank left its benchmark interest rate at a historically low 1% as expected, but the key to today’s Euro movement will be what comes out of the mouth of ECB President Trichet. Trichet is expected to...
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