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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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May 14, 2013
07:46 EDTICSC-Goldman Store Sales data reported
Week of 5/11 ICSC-Goldman Store Sales up 1.2% for the year
07:35 EDTPhilly Fed hawk Plosser said the Fed risks credibility
Philly Fed hawk Plosser said the Fed risks credibility if it fails to reduce asset purchases given the better labor market in a panel discussion on the economic outlook and monetary policy from Stockholm, Sweden, earlier. He also warned against failing to adjust policy due to concerns over disappointing or surprising the markets, noting that present labor market conditions warrant scaling back purchases from the June FOMC meeting. On the other hand, the Fed might need to take easing action if inflation expectations begin to fall, though this is not anticipated. Plosser is a non-voter and is among the most hawkish at the Fed, however, this does slot into the current debate on QE tapering, though other more dovish colleagues may not yet be ready to scale back.
07:32 EDTThe SEC to host a roundtable
Credit Ratings Roundtable is being held at SEC Washington, D.C. headquarters on May 14 at 9 am. Webcast Link
07:26 EDTFutures lower in early trading
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07:25 EDTDeutsche Bank to host a conference
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07:20 EDTImperial Capital to host a summit
5th Annual Consumer Summit is being held in Santa Monica on May 14.
07:14 EDTHMG Strategy to host a summit
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07:11 EDTFed’s Plosser: Slowing inflation doesn't need policy response, Bloomberg reports
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07:10 EDTInvestors more selective about Southeast Asian stocks, bonds, Reuters reports
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06:58 EDTNew issues complicating U.S.-EU free trade talks, Washington Post says
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06:36 EDTOn The Fly: Morning Wrap-Up for May 14
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06:29 EDTCBOE Volatility Index VIX closed at 12.55, 10-day moving average is 13.08
CBOE Volatility Index VIX 50-day moving average is 13.39.
06:27 EDTMay front month equity options expire, May 17, 2013
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06:00 EDTNymex crude traded close to $95 bbl
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05:00 EDTFX Action: USD-JPY maintained a heavier tone
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01:00 EDTAsian stocks were mixed
Asian stocks were mixed. U.S. stocks closed unchanged, which offered a limited lead for Asia and the MSCI Asia Pacific Index ex Japan held around flat. USD-JPY's pullback from over 102.00 to the 101.35 region restricted Japan's Nikkei and it was just 0.1% higher on the session on profit taking. The SSEC fell sharply and was 1.6% lower by the afternoon session as domestic investors continue to worry over the economic outlook after yesterday's mixed domestic data. The Kospi overcame some of its recent weakness as car makers and electrical companies bounced back leaving the benchmark index 0.7% higher. The Hang Seng was 0.1% weaker, while the ASX was up just 0.2% as mining stocks capped gains.
May 13, 2013
16:20 EDTU.S. trade price preview:
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15:25 EDTTreasury Closing Summary:
Treasury Closing Summary: Mixed form on global stocks allowed Treasury yields to drift back down from highs initially on Monday before bottom-fishers were caught slightly offsides by the better than expected Apr retail sales reading. The headline sales gain wasn't that impressive, however, though above low median forecasts. Fixation on the Fed's QE exit strategy was amplified by a WSJ Fedwatcher piece, however, that leaned heavily toward Fed VC Yellen taking over the great bond unwind after Bernanke, though she's even more dovish. Stocks rebounded from lows, but didn't really make much forward progress, while the dollar stalled out as well.
14:50 EDTTreasury Action: yields have held steady through the afternoon
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14:40 EDTBeware Volatile Bond-Market Mood
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