BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2009 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Before the bell: Futures higher ahead of housing, jobless data]]>http://www.bloggingstocks.com/2009/11/25/before-the-bell-futures-higher-ahead-of-housing-jobless-data/http://www.bloggingstocks.com/2009/11/25/before-the-bell-futures-higher-ahead-of-housing-jobless-data/http://www.bloggingstocks.com/2009/11/25/before-the-bell-futures-higher-ahead-of-housing-jobless-data/#commentsFiled under: , , , , , , , ,

U.S. stock futures advanced Wednesday morning ahead of what is going to be a busy day full of economic reports before Thanksgiving. While investor sentiment is still upbeat following the Federal Reserve minutes and optimism about the economy, trading could be choppy today given the market is closed tomorrow. The market will reopen Friday for a short day.

U.S. stocks fell on Tuesday on lackluster economic data, namely the GDP revision downward. However, the losses eased after the FOMC minutes and the Fed raised its growth expectations for 2010.

Continue reading Before the bell: Futures higher ahead of housing, jobless data

Before the bell: Futures higher ahead of housing, jobless data originally appeared on BloggingStocks on Wed, 25 Nov 2009 07:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>featuredWed, 25 Nov 2009 07:45:00 EST<![CDATA[Before the bell: Stocks futures steady ahead of GDP, housing data]]>http://www.bloggingstocks.com/2009/11/24/before-the-bell-stocks-futures-steady-ahead-of-gdp-housing-dat/http://www.bloggingstocks.com/2009/11/24/before-the-bell-stocks-futures-steady-ahead-of-gdp-housing-dat/http://www.bloggingstocks.com/2009/11/24/before-the-bell-stocks-futures-steady-ahead-of-gdp-housing-dat/#commentsFiled under: , , , , , , ,

U.S. stock futures were mixed Tuesday morning, trading in a tight range after snapping a three-day losing streak Monday with a strong rally. This morning, investors await a slew of economic reports as they digest recent tech earnings and more bank news.

Stronger-than-expected home sales data, as well as rising commodity prices and a weak dollar, helped fuel markets Monday, which closed at least 1.3% higher.

Continue reading Before the bell: Stocks futures steady ahead of GDP, housing data

Before the bell: Stocks futures steady ahead of GDP, housing data originally appeared on BloggingStocks on Tue, 24 Nov 2009 07:55:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Tue, 24 Nov 2009 07:55:00 EST<![CDATA[So long peak oil, here comes peak uranium]]>http://www.bloggingstocks.com/2009/11/23/so-long-peak-oil-here-comes-peak-uranium/http://www.bloggingstocks.com/2009/11/23/so-long-peak-oil-here-comes-peak-uranium/http://www.bloggingstocks.com/2009/11/23/so-long-peak-oil-here-comes-peak-uranium/#commentsFiled under: ,

We all got used to hearing about peak oil, especially after a whistleblower recently alleged that the International Energy Agency has downplayed a looming oil shortage to appease the U.S. and prevent panic buying. What we haven't heard much about is the looming uranium shortage. Last week, Michael Dittmar, from the Swiss Federal Institute of Technology in Zurich, said that the world is running out of uranium and nobody seems to have noticed.

The International Atomic Energy Agency forecast last year said that power generated from nuclear plants could double by 2030 as governments look to alternative energy sources. So while there is great investment in nuclear power, uranium is not plentiful.

Continue reading So long peak oil, here comes peak uranium

So long peak oil, here comes peak uranium originally appeared on BloggingStocks on Mon, 23 Nov 2009 15:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ccjfeaturednuclear energyNuclearEnergypalafrtpuraniumMon, 23 Nov 2009 15:20:00 EST<![CDATA[Before the bell: Stock futures higher as gold sets another record, dollar slumps]]>http://www.bloggingstocks.com/2009/11/23/before-the-bell-stock-futures-higher-as-gold-sets-another-recor/http://www.bloggingstocks.com/2009/11/23/before-the-bell-stock-futures-higher-as-gold-sets-another-recor/http://www.bloggingstocks.com/2009/11/23/before-the-bell-stock-futures-higher-as-gold-sets-another-recor/#commentsFiled under: , , , , ,

U.S. stock futures rose Monday morning as investors reacted to rising commodity prices, including a new record for gold, and the dollar's retreat. Further, economists expect job losses to peak in the first quarter. It seems Wall Street is about to join the world markets rally.

The U.S. dollar fell against the euro and the yen Monday, following some escalating tensions with Iran and after Federal Reserve Bank of St. Louis President James Bullard said the central bank should continue its asset-buying program beyond its current cut-off date. The Dollar Index fell for the first time in three days. What's more, forecasters predict that it will continue sliding, even when the Fed begins to raise interest rates based on supply and demand forces.

Continue reading Before the bell: Stock futures higher as gold sets another record, dollar slumps

Before the bell: Stock futures higher as gold sets another record, dollar slumps originally appeared on BloggingStocks on Mon, 23 Nov 2009 07:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>featuredMon, 23 Nov 2009 07:45:00 EST<![CDATA[Before the bell: Futures lower on Dell's earnings, ECB move]]>http://www.bloggingstocks.com/2009/11/20/before-the-bell-futures-lower-on-dells-earnings-ecb-move/http://www.bloggingstocks.com/2009/11/20/before-the-bell-futures-lower-on-dells-earnings-ecb-move/http://www.bloggingstocks.com/2009/11/20/before-the-bell-futures-lower-on-dells-earnings-ecb-move/#commentsFiled under: , , , , , ,

U.S. stock futures fell Friday morning, indicating continued weakness in the stock market. Dell's worse-than-expected earnings reported late Thursday are putting pressure on equities as a whole and technology shares in particular. Investors may be moving toward safer securities in the absence of confidence in the strength of the sector, which has already stumbled the last couple of days.

On Thursday, stocks fell across the board: the Dow industrials were down 0.9%, the S&P 500 declined 1.3% and the Nasdaq composite skidded 1.7%, following an analyst downgrade of semiconductors. This put further pressure on a sector that was already reeling from earnings the day before. Economic reports didn't help to increase investors' confidence Thursday.

Continue reading Before the bell: Futures lower on Dell's earnings, ECB move

Before the bell: Futures lower on Dell's earnings, ECB move originally appeared on BloggingStocks on Fri, 20 Nov 2009 07:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>featuredFri, 20 Nov 2009 07:50:00 EST<![CDATA[SocGen's proposed portfolio for a global economic collapse]]>http://www.bloggingstocks.com/2009/11/19/socgens-proposed-portfolio-for-a-global-economic-collapse/http://www.bloggingstocks.com/2009/11/19/socgens-proposed-portfolio-for-a-global-economic-collapse/http://www.bloggingstocks.com/2009/11/19/socgens-proposed-portfolio-for-a-global-economic-collapse/#commentsFiled under: , ,

French bank Société Générale has advised clients to be ready for a possible "global economic collapse" over the next two years, The Telegraph reports.

In a 68-page report titled "Worst-Case Debt Scenario," SocGen explains that the rescue packages over the past year have merely transferred private liabilities onto government shoulders, creating a fresh set of problems. Debt levels, public or private, are too high as a share of GDP. The deleveraging process will take years.

Continue reading SocGen's proposed portfolio for a global economic collapse

SocGen's proposed portfolio for a global economic collapse originally appeared on BloggingStocks on Thu, 19 Nov 2009 11:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>economyintenewsSocGenSociete GeneraleThu, 19 Nov 2009 11:10:00 EST<![CDATA[Before the bell: Futures lower on economic concerns; retail, tech in focus]]>http://www.bloggingstocks.com/2009/11/19/before-the-bell-futures-lower-on-economic-concerns-retail-tec/http://www.bloggingstocks.com/2009/11/19/before-the-bell-futures-lower-on-economic-concerns-retail-tec/http://www.bloggingstocks.com/2009/11/19/before-the-bell-futures-lower-on-economic-concerns-retail-tec/#commentsFiled under: , , , , , , , , ,

U.S. stock futures declined Thursday morning, pointing to a lower start on Wall Street as investors started weighing the possibility that stocks have run up too far and too fast ahead of the economy -- the economic recovery may not be as robust. The retail sector is in focus with several retailers reporting earnings. The tech sector could also experience pressure.

On Wednesday, stocks ended lower with technology shares leading the decline, and the Nasdaq composite down nearly half a percent. Results from Salesforce.com (CRM) and Autodesk (ADSK) weighed on the sector as Hewlett-Packard (HPQ) and Microsoft (MSFT) were among the leading decliners in the Dow.

Continue reading Before the bell: Futures lower on economic concerns; retail, tech in focus

Before the bell: Futures lower on economic concerns; retail, tech in focus originally appeared on BloggingStocks on Thu, 19 Nov 2009 07:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>adskThu, 19 Nov 2009 07:40:00 EST<![CDATA[Before the bell: Futures fall after housing, inflation data]]>http://www.bloggingstocks.com/2009/11/18/before-the-bell-futures-edge-higher-ahead-of-data/http://www.bloggingstocks.com/2009/11/18/before-the-bell-futures-edge-higher-ahead-of-data/http://www.bloggingstocks.com/2009/11/18/before-the-bell-futures-edge-higher-ahead-of-data/#commentsFiled under: , , , , , , , , ,

U.S. stock futures edged higher Wednesday morning, a little above the 13-month highs they reached Tuesday, as investors await key data figures, including consumer prices and housing starts. As traders take a breather from the recent runup in stocks, the same trends that pushed markets higher on Tuesday remain: the dollar dropped and commodities soared, driving mining stocks higher in overseas markets.

[Update 8:30 a.m.: October housing starts were down 30% from last year, the weakest since April. CPI rose 0.3% in October on higher energy, car prices. At first glance, these figures may affect the mood negatively. 8:35 a.m.: Stock market futures are declining, indicating a lower start.]

Continue reading Before the bell: Futures fall after housing, inflation data

Before the bell: Futures fall after housing, inflation data originally appeared on BloggingStocks on Wed, 18 Nov 2009 07:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>cbyfeaturedWed, 18 Nov 2009 07:45:00 EST<![CDATA[Before the bell: Futures edge lower ahead of inflation data]]>http://www.bloggingstocks.com/2009/11/17/before-the-bell-futures-edge-lower-ahead-of-inflation-data/http://www.bloggingstocks.com/2009/11/17/before-the-bell-futures-edge-lower-ahead-of-inflation-data/http://www.bloggingstocks.com/2009/11/17/before-the-bell-futures-edge-lower-ahead-of-inflation-data/#commentsFiled under: , , , , ,

U.S. stock futures edged lower Tuesday morning following yet another strong rally on Monday. This morning, investors await some economic data due out before the opening bell, including an inflation gauge and a housing indicator. The housing market is further in focus with Home Depot's earnings report.

On Monday, stock markets closed about 1.4% higher across the board after Federal Reserve Chairman Ben Bernanke didn't indicate a change in the Fed's policy any time soon to support the dollar. In fact, as the U.S. economy remains weak and unemployment keeps rising, the Fed will likely extend its low interest rate policy longer. He did mention the central bank policy will ensure that the "dollar is strong." The dollar edged higher from its 15-month lows following Bernanke's speech.

Continue reading Before the bell: Futures edge lower ahead of inflation data

Before the bell: Futures edge lower ahead of inflation data originally appeared on BloggingStocks on Tue, 17 Nov 2009 07:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Tue, 17 Nov 2009 07:45:00 EST<![CDATA[Before the bell: Futures higher ahead of retail sales data]]>http://www.bloggingstocks.com/2009/11/16/before-the-bell-futures-higher-ahead-of-retail-sales-data/http://www.bloggingstocks.com/2009/11/16/before-the-bell-futures-higher-ahead-of-retail-sales-data/http://www.bloggingstocks.com/2009/11/16/before-the-bell-futures-higher-ahead-of-retail-sales-data/#commentsFiled under: , , , , , ,

U.S. stock futures followed global markets higher Monday morning as Japan announced its economy grew at a faster-than-expected pace and governments around the world said they would maintain their stimulus policies. Investors are also awaiting a speech from Federal Reserve Chairman Ben Bernanke, GM's first earnings report since emerging from bankruptcy, as well as more economic data, including retail sales and manufacturing.

Japan's gross domestic product grew at an annual pace of 4.8% in the third quarter, its largest expansion in more than two years. This was higher than economists' 2.6% projection. The world's second largest economy relies heavily on exports and demand at home and overseas improved, indicating its trading partners are also recovering.

Continue reading Before the bell: Futures higher ahead of retail sales data

Before the bell: Futures higher ahead of retail sales data originally appeared on BloggingStocks on Mon, 16 Nov 2009 07:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Mon, 16 Nov 2009 07:45:00 EST<![CDATA[Before the bell: Stock futures higher ahead of consumer sentiment, trade gap data]]>http://www.bloggingstocks.com/2009/11/13/before-the-bell-stock-futures-higher-ahead-of-consumer-sentimen/http://www.bloggingstocks.com/2009/11/13/before-the-bell-stock-futures-higher-ahead-of-consumer-sentimen/http://www.bloggingstocks.com/2009/11/13/before-the-bell-stock-futures-higher-ahead-of-consumer-sentimen/#commentsFiled under: , , , , , , ,

U.S. stock futures were higher Friday morning indicating Wall Street, after taking a two-day rest from its drive upward, was ready to rebound. While investors await several economic releases, including trade balance and consumer sentiment, Walt-Disney's better-than-expected results has helped sentiment.

On Thursday, U.S. stocks declined, after crude inventories were reported higher than expected, dragging down oil prices, oil companies and the markets. Investors also questioned the sustainability of the recent rally, driving the Dow industrials down nearly 100 points.

Continue reading Before the bell: Stock futures higher ahead of consumer sentiment, trade gap data

Before the bell: Stock futures higher ahead of consumer sentiment, trade gap data originally appeared on BloggingStocks on Fri, 13 Nov 2009 07:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>featuredFri, 13 Nov 2009 07:45:00 EST<![CDATA[Before the bell: Stocks to open lower despite Wal-Mart's beat]]>http://www.bloggingstocks.com/2009/11/12/before-the-bell-stocks-to-open-lower-despite-wal-marts-beat/http://www.bloggingstocks.com/2009/11/12/before-the-bell-stocks-to-open-lower-despite-wal-marts-beat/http://www.bloggingstocks.com/2009/11/12/before-the-bell-stocks-to-open-lower-despite-wal-marts-beat/#commentsFiled under: , , , , , , , ,

U.S. stock futures were lower Thursday morning after the Dow industrials hit yet another 13-month high on Wednesday, but the S&P 500 couldn't close above the 1,100 level. Even though Wal-Mart beat earnings and improved its outlook, futures declined as investors await weekly jobs data.

Wal-Mart Stores Inc. (WMT) posted third-quarter profit of 84 cents a share, above Bloomberg's analyst estimates for profit of 81 cents. Wal-Mart also upped its full-year profit above estimates, but fourth quarter guidance barely matched projections. Sales grew by just 1% in the quarter. WMT shares slid over 1% in pre-market trading.

Continue reading Before the bell: Stocks to open lower despite Wal-Mart's beat

Before the bell: Stocks to open lower despite Wal-Mart's beat originally appeared on BloggingStocks on Thu, 12 Nov 2009 08:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>featuredThu, 12 Nov 2009 08:00:00 EST<![CDATA[Before the bell: Stocks ready to climb on hopes of continued low rates]]>http://www.bloggingstocks.com/2009/11/11/before-the-bell-stocks-ready-to-climb-on-hopes-of-continued-low/http://www.bloggingstocks.com/2009/11/11/before-the-bell-stocks-ready-to-climb-on-hopes-of-continued-low/http://www.bloggingstocks.com/2009/11/11/before-the-bell-stocks-ready-to-climb-on-hopes-of-continued-low/#commentsFiled under: , , , , , , , ,

U.S. stock futures were higher Wednesday morning, indicating stocks will open on an upbeat note after investors expectation that interest rates will remain low for some time increased following speeches from Federal Reserve officials. As the dollar further fell, investors turned to asset buying, pushing stocks higher.

Stocks looked for direction Tuesday, finishing the day mixed and not much changed, as Wall Street took a break from a 6-day rally. Today, U.S. bond markets are closed for Veteran's Day.

Continue reading Before the bell: Stocks ready to climb on hopes of continued low rates

Before the bell: Stocks ready to climb on hopes of continued low rates originally appeared on BloggingStocks on Wed, 11 Nov 2009 07:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Wed, 11 Nov 2009 07:40:00 EST<![CDATA[EU objects to Sun-Oracle deal]]>http://www.bloggingstocks.com/2009/11/10/eu-objects-to-sun-oracle-deal/http://www.bloggingstocks.com/2009/11/10/eu-objects-to-sun-oracle-deal/http://www.bloggingstocks.com/2009/11/10/eu-objects-to-sun-oracle-deal/#commentsFiled under: , , , , , ,

It's not the first time this happened, and likely not the last. The European Commission has objected to Oracle's (ORCL) acquisition of Sun Microsystems (JAVA) after U.S. authorities have approve the $7.4 billion deal.

The issue is Sun's database product, MySQL, which European antitrust authorities fear wouldn't be developed after the acquisition since Oracle has its own database and therefore it would hurt competition in the database business. Together, the two will have quite a large share of the market, the EU contends. The U.S. authorities disagrees, saying there are enough competitors in the market and that "the merger is unlikely to be anticompetitive."

Continue reading EU objects to Sun-Oracle deal

EU objects to Sun-Oracle deal originally appeared on BloggingStocks on Tue, 10 Nov 2009 09:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>inthenewsTue, 10 Nov 2009 09:00:00 EST<![CDATA[Before the bell: Stocks ready for a lower open after reaching 13-month highs]]>http://www.bloggingstocks.com/2009/11/10/before-the-bell-stocks-ready-for-a-lower-open-after-reaching-13/http://www.bloggingstocks.com/2009/11/10/before-the-bell-stocks-ready-for-a-lower-open-after-reaching-13/http://www.bloggingstocks.com/2009/11/10/before-the-bell-stocks-ready-for-a-lower-open-after-reaching-13/#commentsFiled under: , , , , , , ,

It was to be expected. After Wall Street climbed to 13-months highs with stocks rallying over 2% just on Monday to add to last week's gains, finally U.S. stock futures edged lower Tuesday morning, indicating stocks will are poised to retreat somewhat at the open. There's not much news this morning as investors await some housing data.

Deals and the Group of 20 helped sentiment Monday push stocks for their six straight higher close. Several deals in the making boosted investor confidence as did the Group of 20, which said over the weekend that it would keep economic stimulus measures in place for now. And with the Federal Reserve indicating it would keep rates low, buyers came back in droves Monday taking the Dow industrials up over 200 points.

Continue reading Before the bell: Stocks ready for a lower open after reaching 13-month highs

Before the bell: Stocks ready for a lower open after reaching 13-month highs originally appeared on BloggingStocks on Tue, 10 Nov 2009 07:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>featuredTue, 10 Nov 2009 07:45:00 EST<![CDATA[Before the bell: Futures climb as Wall Street eyes deals]]>http://www.bloggingstocks.com/2009/11/09/before-the-bell-futures-climb-as-wall-street-eyes-deals/http://www.bloggingstocks.com/2009/11/09/before-the-bell-futures-climb-as-wall-street-eyes-deals/http://www.bloggingstocks.com/2009/11/09/before-the-bell-futures-climb-as-wall-street-eyes-deals/#commentsFiled under: , , , , , , , , ,

U.S. stock futures climbed significantly higher Monday morning, pointing to a strong open on Wall Street following gains in overseas stock markets. With little in the way of economics data and earnings, investors mostly are following several potential deal news.

Last week, with mostly encouraging economic data and generally better-than-expected earnings, the Dow reclaimed the 10,000 mark and remained above it despite the unemployment rate reaching 10.2%. It seems for now, the promise of a recovery and a Federal Reserve that's keeping stimulating policies are enough to boost sentiment.

Continue reading Before the bell: Futures climb as Wall Street eyes deals

Before the bell: Futures climb as Wall Street eyes deals originally appeared on BloggingStocks on Mon, 09 Nov 2009 07:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>featuredMon, 09 Nov 2009 07:40:00 EST<![CDATA[Before the bell: Futures decline after unemployment rate rises to 10.2%]]>http://www.bloggingstocks.com/2009/11/06/before-the-bell-futures-higher-ahead-of-jobs-report/http://www.bloggingstocks.com/2009/11/06/before-the-bell-futures-higher-ahead-of-jobs-report/http://www.bloggingstocks.com/2009/11/06/before-the-bell-futures-higher-ahead-of-jobs-report/#commentsFiled under: , , , , ,

U.S. stock futures were higher Friday morning, continuing Thursday's strong performance and nearing two-week highs. All eyes this morning will turn to the government's jobs report. While there have been signs of growth and recovery in the economy, the labor market has been one of the biggest concerns, as the Federal Reserve statement just from Wednesday attests.

[Update 8:33 a.m.: Stock futures changed course after the government reported the unemployment rate rose to 10.2%, above the 9.9% expected. Nonfarm payrolls dropped by 190,000 in October, bringing to total number of jobs lost in the recession to 7.3 million.]

U.S. stock markets surged about 2% on Thursday with the Dow Jones Industrial Average reclaiming the 10,000 mark with a 203 point move. Positive economic news, including sales results from retailers and upbeat outlook from tech giant Cisco (NASDAQ: CSCO).

Continue reading Before the bell: Futures decline after unemployment rate rises to 10.2%

Before the bell: Futures decline after unemployment rate rises to 10.2% originally appeared on BloggingStocks on Fri, 06 Nov 2009 07:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>featuredFri, 06 Nov 2009 07:45:00 EST<![CDATA[Before the bell: Futures higher after data, earnings]]>http://www.bloggingstocks.com/2009/11/05/before-the-bell-futures-drift-lower-after-feds-statement-cisc/http://www.bloggingstocks.com/2009/11/05/before-the-bell-futures-drift-lower-after-feds-statement-cisc/http://www.bloggingstocks.com/2009/11/05/before-the-bell-futures-drift-lower-after-feds-statement-cisc/#commentsFiled under: , , , , , ,

U.S. stock futures drifted a little lower (later a little higher) Thursday morning following Wednesday's Federal Reserve's statement that it was keeping rates at record low levels. However, earnings from tech giant Cisco accompanied by an upbeat outlook could give a boost to tech. Also this morning, investors will watch as retail chain-stores report October sales.

[Update: Futures now point to a higher open following retail sales data, earnings and lower claims numbers.]

On Wednesday, Wall Street ended mixed and relatively flat after the Federal Reserve decided to keep rates steady. While conceding the economy has picked up, policymakers said this was not enough to hike interest rates, saying an increase will instead depend on when the labor market and inflation pickup. Given that there have been no inflationary pressures and that unemployment is expected to rise, the dollar weakened yesterday and short-term Treasury yields fell. The Fed also cautioned consumer spending would remain strained. Of course, the market would have liked to see a stronger show of confidence.

Continue reading Before the bell: Futures higher after data, earnings

Before the bell: Futures higher after data, earnings originally appeared on BloggingStocks on Thu, 05 Nov 2009 07:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>featuredThu, 05 Nov 2009 07:40:00 EST<![CDATA[Before the bell: Futures rise ahead of Fed decision]]>http://www.bloggingstocks.com/2009/11/04/before-the-bell-futures-rise-ahead-of-fed-decision/http://www.bloggingstocks.com/2009/11/04/before-the-bell-futures-rise-ahead-of-fed-decision/http://www.bloggingstocks.com/2009/11/04/before-the-bell-futures-rise-ahead-of-fed-decision/#commentsFiled under: , , , , , , , , ,

U.S. stock futures climbed on Wednesday morning, ahead of the decision by the Federal Reserve on interest-rate and monetary policy. This afternoon, the Fed will give its outlook on the economy and the corresponding policy it's taking. It is widely believed the Fed will not raise rates. Meanwhile, more earnings and economic data are on tap.

Unlike this morning, traders appeared more cautious Tuesday, as the Fed began its two-day policy meeting. Stocks ended mixed and fairly unchanged following news that Warren Buffett's Berkshire Hathaway (NYSE: BRK.B) has decided to buy Burlington Northern Santa Fe (NYSE: BNI) in a deal worth $44 billion and as Johnson & Johnson (NYSE: JNJ) announced a 6-7% workforce reduction.

Continue reading Before the bell: Futures rise ahead of Fed decision

Before the bell: Futures rise ahead of Fed decision originally appeared on BloggingStocks on Wed, 04 Nov 2009 07:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Wed, 04 Nov 2009 07:30:00 EST<![CDATA[Before the bell: Futures point to a sharply lower start]]>http://www.bloggingstocks.com/2009/11/03/before-the-bell-futures-point-to-a-sharply-lower-start/http://www.bloggingstocks.com/2009/11/03/before-the-bell-futures-point-to-a-sharply-lower-start/http://www.bloggingstocks.com/2009/11/03/before-the-bell-futures-point-to-a-sharply-lower-start/#commentsFiled under: , , , , , ,

If on Monday investors were ready to bounce back from Friday's selloff, today stock futures are sharply lower, indicating U.S. stock markets are poised to slump at the open ahead of the Federal Reserve two-day policy meeting that begins today. Another rate hike from Australia, poor results from UBS and weak European markets weigh on sentiment.

Monday was a volatile session. Stocks rallied in the morning following a surprise profit from Ford (NYSE: S) and an upbeat home sales reading, but mostly due to October's manufacturing index that jumped to its highest level in three and a-half years. That didn't hold up, though and the Dow skidded to negative territory only to bounce back later in the afternoon as buyers came back in.

Continue reading Before the bell: Futures point to a sharply lower start

Before the bell: Futures point to a sharply lower start originally appeared on BloggingStocks on Tue, 03 Nov 2009 07:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>featuredlygrbsubsTue, 03 Nov 2009 07:45:00 EST