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Stock Market & Financial Investment News

News For NOSYMBOL From The Last 14 Days
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February 24, 2015
10:10 EDTFed Chair Yellen: a rate hike is unlikely over the next couple of meetings
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10:09 EDTYellen says oil drop likely a 'significant overall plus'
Federal Reserve Chair Janet Yellen said today in testimony to Congress, "While the drop in oil prices will have negative effects on energy producers and will probably result in job losses in this sector, causing hardship for affected workers and their families, it will likely be a significant overall plus, on net, for our economy. Primarily, that boost will arise from U.S. households having the wherewithal to increase their spending on other goods and services as they spend less on gasoline."
10:07 EDTYellen says Fed can be 'patient' for at least next couple of meetings
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09:55 EDTU.S. Markit services PMI climbed to 57.0 in February
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09:50 EDTPMI Services Flash Level data reported
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09:40 EDTYellen Monetary Policy Report preview:
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09:40 EDTTreasury Option/block Action: a large strangle
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09:37 EDTMarket opens quietly ahead of Fed Chair testimony
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09:35 EDTTreasury 2-year auction outlook:
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09:15 EDTU.S. Case Shiller home price index rose 0.06% in December to 173.02
U.S. Case Shiller home price index rose 0.06% in December to 173.02, versus 172.92 in November (revised down from 172.94) for the 20-City composite, beating forecasts of a small decline. This breaks a string of 3 straight monthly declines. Compared to last year, home prices accelerated to a 4.46% y/y gain versus the 4.29% y/y pace previously. The 10-City composite edged up 0.07% to 187.81 compared to November's 187.68 (revised from 187.71). That's up 4.30% y/y compared to 4.15% y/y. All 20 cities surveyed posted annual gains, led by San Francisco (9.35% y/y), Miami (8.4% y/y) and Denver (8.14% y/y).
09:15 EDTTreasury Action: yields remained tightly rangebound
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09:15 EDTFX Action: USD-CAD made two-week highs of 1.2663
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09:00 EDTU.S. equities are trading laterally
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08:59 EDTRedbook Store Sales data reported
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08:40 EDTU.S. Case-Shiller home price index preview:
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08:35 EDTYellen testimony might be more meaningful
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08:15 EDTEnergy Action: NYMEX crude remained under the $50 mark
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08:10 EDTU.S. chain store sales dipped 0.2% in the week ended February 21
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07:55 EDTBoston Security Analysts Society to hold a luncheon discussion
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07:53 EDTCato Institute to hold a discussion
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