OpeningBell posts

Feed

Before the bell: Investors cautious amid earnings bonanza

Stocks are poised to head lower as investors continue to digest news out Tuesday about the nation's flagging housing market. While in recent months optimism had crept into builder stocks in anticipation of recovery, a report from the Commerce Department showed new-home construction flat last month.

The news sent the three major U.S. stock indexes lower in trading yesterday, and futures this morning show the Nasdaq Composite Index and the S&P 500 each lower by a half percent, along with the Dow Jones industrial average, which could be trading back under the 10,000 level.

Continue reading Before the bell: Investors cautious amid earnings bonanza

Before the bell: AAPL, GOOG, YHOO, EBAY

Stocks were set to open higher this morning as investors worried less about Fed Chairman Ben Bernanke's latest interest rate plans. Oil prices were up to $74.20 in early futures trading.

Iran may be in focus today. The United Nations Security Council will meet in Paris today to figure out what to do about its nuclear ambitions. Another focus: Automakers report April sales today, which are expected to be down for both Ford and General Motors, with GM faring worse.

Could the Dow soon top its all-time high? The Christian Science Monitor notes that the index is getting close to its record high of 11,723 set on Jan. 14, 2000. It probably won't reach that mark today though. In futures trading at 7 a.m., the Dow was up to 11,406. In early 2000 a 300 point  one-day gain could have been a possibility. Today? I seriously doubt it.

Here is how the morning is shaping up for some key bloggingstocks.com names:

Apple (AAPL) is up 89 cents (1.28%) to $70.49 at 8:06 a.m. ThinkEquity Partners issued a positive report on Apple, citing its new  "Get a Mac" ads, according to the The Fly On The Wall (subscription required).

Google (GOOG) is up $3.10 to $402 as of 8:08 a.m. Investors don't expect the firm to be hurt badly by Amazon dropping it as a search partner and note the latest worldwide traffic numbers from Comscore show Google still gaining share.

Yahoo! (YHOO) is up 30 cents (.94%) to $32.38 as of 8:04 a.m.

eBay (EBAY) is up 27 cents (.79%) to $34.59 as of 8:11 a.m. Forbes profiles Skype competitor Vonage in advance of its IPO.

Symbol Lookup
IndexesChangePrice
DJIA-74.9212,454.83
NASDAQ-1.852,837.53
S&P 500-2.861,317.82

Last updated: May 27, 2012: 10:47 AM

Hot Stocks

General Electric

19.20-0.05(-0.26)

Alcoa

8.630.00(0.00)

Apple Inc

562.29-3.03(-0.54)

Google Inc 'A'

591.53-12.13(-2.01)

Bank of America

7.15+0.01(+0.14)

Wal-Mart Stores

65.31+0.24(+0.37)

Exxon Mobil Corp

82.08-0.53(-0.64)

Ford

10.60+0.01(+0.09)

Citigroup

26.47-0.19(-0.71)

IBM

194.30-1.79(-0.91)

Yahoo

15.36+0.01(+0.07)

Starbucks

54.56-0.20(-0.37)

Microsoft

29.06-0.01(-0.03)

Home Depot

49.44-0.27(-0.54)

DailyFinance Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

Page Loaded in 1338130028047 ms.