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Stock Market & Financial Investment News

News For NOSYMBOL From The Last 14 Days
Check below for free stories on NOSYMBOL the last two weeks.
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June 19, 2013
13:35 EDTJune ADP Employment Report to be released at 08:15
13:35 EDTJune Challenger Job-Cut Report to be released at 07:30
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13:35 EDTWeek of 6/28 MBA Purchase Applications to be released at 07:00
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13:35 EDTMarket drifting ahead of Fed announcement
The averages are drifting in negative territory as they have for most of the session. Investors have had little to key off during the first half of the session as they await results from the Federal Reserve's Open Market Committee meeting, which will be announced at 2:00 pm ET. Declining stocks are ahead of advancing stocks by 2:1 and down volume is ahead of up volume by the same margin. Crude oil prices are roughly unchanged while gold is higher by more than 0.3%. The Dow is down 22 points, the Nasdaq is down 7 points, and the S&P is down 2 points.
13:30 EDTJapan to maintain non-debt spending level, Nikkei says
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13:25 EDTU.S. Philadelphia Fed Index Preview
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13:06 EDTJapan Prime Minister Abe to shuffle cabinet in fall, Kyodo reports
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12:03 EDTCBOE Volatility Index VIX is recently down 22c to 16.39
11:00 EDTOil Action: Front month NYMEX crude is about flat on the day
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10:31 EDTCrude Inventories for the week of June 14
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10:15 EDTTreasury Option Action: positioning is tilted to bearish side
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09:58 EDTMarket drifts into negative territory ahead of Fed
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09:33 EDTCBOE Volatility Index VIX is recently up 36c to 16.97
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09:29 EDTCBOE VIX futures June at 16.80, August at 18.35, February is at 21.30
09:12 EDTArchitecture Billings Index rebounds to 52.9 in May
Following the first reversal into negative territory in ten months in April, the Architecture Billings Index bounced back in May, as he American Institute of Architects reported the May ABI score was 52.9, up from a mark of 48.6 in April. This score reflects an increase in demand for design services. The new projects inquiry index was 59.1, up slightly from the reading of 58.5 the previous month. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lag time between architecture billings and construction spending, AIA said.
09:10 EDTFOMC started today's meeting
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09:10 EDTTreasury Option Action: a large bearish position
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09:05 EDTTreasury Action: Treasuries have extended gains modestly
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08:54 EDTMKM Partners analyst holds an analyst/industry conference call
Analyst Darda provides an update on the rate outlook on an Analyst/Industry conference call to be held on June 19 at 11 am.
08:50 EDTU.S. equities are adrift ahead of the FOMC
U.S. equities are adrift ahead of the FOMC statement and projections due at 14 ET this afternoon, followed by the Chairman's press conference at 14:30 ET. Stocks are mixed in pre-open trade, with the Dow off 2-points, S&P fractionally higher and NASDAQ 5-points firmer. In Asia, Japan's N-225 rallied 1.83%, while the HK Hang Seng sank 1.13% and the Shanghai Comp fell 0.62%. Most European bourses are also lower, with the Euro Stoxx 50 off 0.4%. In corporate news, Fedex earnings handily beat the Street thanks to shipping demand and lower jet fuel prices, but its shares were little changed. Adobe Systems rallied nearly 7% after its earnings grew with new cloud-based software offerings. Softbank of Japan appeared to get the upperhand with its bid for Sprint Nextel over rival Dish Networks. Investor Icahn doubled his stake in Dell. Wall Street darling Tesla Motors announced a recall of 800 Model S cars.
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