New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For NOSYMBOL From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
<< 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | all recent NOSYMBOL news | >>
May 6, 2015
10:30 EDTU.S. equities are commemorating the "flash crash"
U.S. equities are commemorating the "flash crash" with a mini-slump back into the red as European stocks roll over and play dead as well. NASDAQ paced the move back into the red with a 0.5% drop, followed closely by the S&P and Dow. About the same time, Fed Chair Yellen said equity market valuations "at this point are generally quite high," which didn't seem to help matters, though she mostly steered clear of policy commentary. Earlier data was unambiguously poor, but stocks initially ignored such news on MBA, ADP and productivity. Biotech M&A has been one bright spot, though within the Dow both tech and pharma are the deepest decliners, among them Pfizer -1.9%, IBM -1.5% and Microsoft -1.4%. Energy remains in the driver's seat, with AMEX +0.5%, Chevron +0.3% and Exxon +0.2% top dogs.
10:27 EDTBofA/Merrill brokers/assets mgrs analyst holds analyst/industry conference call
Brokers, Asset Managers & Exchanges Analyst Carrier, along with Jennifer Eller and Brigen Winters, Principals at Groom Law Group, discuss the recent Department of Labor (DOL) Fiduciary Proposal on an Analyst/Industry conference call to be held on May 11 at 11 am.
10:25 EDTMore from Yellen: long term yields are at "very low levels,"
Subscribe for More Information
10:21 EDTYellen says equity valuations generally quite high, CNBC reports
Federal Reserve Chair Janet Yellen said today at a conference sponsored by Institute for New Economic Thinking that equity valuations are generally quite high, according to CNBC. The comments on valuations were made during the Q&A period.
10:03 EDT 4-Week Bill Auction to be released at 11:30
10:03 EDT 4-Week Bill Announcement to be released at 11:00
Subscribe for More Information
10:03 EDT 4-Week Bill Announcement to be released at 11:00
09:55 EDTU.S. corporate bond update: issuance from Apple and Shell headline today
Subscribe for More Information
09:40 EDTFed Chair Yellen did not discuss policy or the economy
Subscribe for More Information
09:38 EDTMarket opens with moderate gains
Stock futures were firm throughout the pre-market trading session. ADP's private payroll survey showed jobs rose 169,000 in April, missing expectations, and productivity contracted 1.9% in Q1. Investors may feel those data points, and other recent disappointing data, may give the Fed more reason to hold off raising rates. Investors will be watching the energy inventory reports scheduled for release at 10:30 am EDT in light of the recent rally in oil. In early trading, the Dow is up 37 points, the Nasdaq is up 9 points and the S&P is up 3 points.
09:34 EDTSenate Committee on Small Business to hold a hearing
Subscribe for More Information
09:20 EDTU.S. equities are relatively firm
Subscribe for More Information
09:10 EDTToday's U.S. reports
Subscribe for More Information
08:55 EDTFX Action: USD-CAD gave up the 1.20 handle
FX Action: USD-CAD gave up the 1.20 handle, trading to 1.1985 lows, as oil prices remain near their five-month high near $62/bbl, and as the greenback overall remains under pressure following soft ADP jobs data. The 150-day moving average comes in at 1.1978 now, which will provide initial support, though under the level, the market may gun for the April 29 low of 1.1945. Ivey PMI is up at 10:00 EDT.
08:55 EDTU.S. productivity revealed a big two-quarter drop
Subscribe for More Information
08:55 EDTTreasury announced a $64 B 3-pronged May refunding package
Subscribe for More Information
08:40 EDTU.S. productivity contracted 1.9% in Q1
U.S. productivity contracted 1.9% in Q1 after a 2.1% decline in Q4 (revised from -2.2%), following Q3's 3.9% increase. Unit labor costs climbed 5.0% last quarter after a 4.2% surge in Q4 (revised from 4.1%) and a 1.0% drop in Q3. As for productivity details, output declined 0.2% versus gains of 2.6% in Q4 and 6.3% in Q3. Employee hours were up 1.7% versus 4.9% in Q4 and 2.4% in Q3. Compensation per hour increased 3.1% from Q4's 1.9%. Unit non-labor costs plunged 6.6% versus -5.8% previously. The price deflator fell 0.1% versus -0.3% in Q4, and Q3's 1.7%.
08:40 EDTFX Action: The dollar recovered marginally
Subscribe for More Information
08:35 EDTTreasury Action: yields backed off highs
Treasury Action: yields backed off highs following the meager gain in the ADP employment survey, which marginally reduced upside risks on the jobs report Friday. The T-note yield stalled at 1.5-month highs of 2.23% in Asia and eased back below 2.20%, leaving the 2.259% early March high safe for now. The 2s-10s spread narrowed slightly to +157 bp from earlier wides of +159 bp.
08:34 EDTGallup U.S. Job Creation Index level data reported
Subscribe for More Information
<< 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | all recent NOSYMBOL news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use