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 >>
February 1, 2016
09:55 EDTMarket starts February in red as Chinese data weighs on oil
Stock futures were lower throughout the pre-market trading session but they moved off their worst levels. Oil prices remain down about 4% after China reported further weakness in its manufacturing sector. The market's volatility appears ready to continue as investors prepare for a heavy dose of earnings throughout the week, which will see more than 20% of the S&P report. The ISM manufacturing report for the U.S. is due shortly, which may cement the move lower or change the market's tone. Ahead of that data, the Dow is down 132 points, the Nasdaq is down 33 points and the S&P is down 15 points.
09:55 EDTA gaggle of hedge funds has aligned against the yuan
Subscribe for More Information
09:55 EDTU.S. Manufacturing ISM Preview
Subscribe for More Information
09:55 EDTU.S. Markit PMI rose to 52.4 in the final January print
U.S. Markit PMI rose to 52.4 in the final January print, after dipping 1.6 points to 51.2 in December (a 38-month low), though it's not quite as good as the preliminary January of 52.7. And it's still not back to the 53.9 reading a year ago. New orders improved to 53.6 versus 50.2 in December.
09:54 EDTSunTrust lodging analysts hold an analyst/industry conference call
Subscribe for More Information
09:46 EDTPMI Manufacturing Index Level data reported
Subscribe for More Information
09:35 EDTFX Action: USD-CAD has found support
Subscribe for More Information
09:30 EDTU.S. personal income rose 0.3% with spending unchanged in December
Subscribe for More Information
09:25 EDTTreasury Action: supply is a focal point this week
Subscribe for More Information
09:05 EDTThe U.S. income report undershot estimates
The U.S. income report undershot estimates with a flat nominal consumption figure and a lean 0.1% December rise for "real" spending after November boosts that left a weaker than expected Q4 close for sales than analysts assumed from Friday's Q4 GDP data, though analysts did see a firm 0.3% December personal income gain. The savings rate rebound in December to the same 5.5% also seen in October (was 5.6%) followed a 5.3% (was 5.5%) November figure to leave a climb in the quarterly averages to 5.4% in Q4 from 5.2% in Q3 and 5.0% in Q2, as the resumed oil price downtrend has further boosted the savings rate beyond the surge earlier this year. Our Q1 GDP growth estimate was left at 1.8% after the 0.7% Q4 growth pace reported Friday, though analysts trimmed our Q1 "real" consumption growth forecast to 3.7% from 3.8%, after the 2.2% clip in Q4. In nominal terms, consumption is poised for Q1 growth of just 3.0% (was 3.4%) after a lean 2.3% Q4 clip, with a projected 0.7% Q1 contraction rate for chain prices after the 0.1% Q4 uptick. Analysts expect weak Q1 growth of just 3.6% for income and 3.3% for disposable income after the same growth rates in Q4, but stronger Q3 rates of 5.1% for both.
09:00 EDTDownside Risks for January U.S. Payrolls:
Subscribe for More Information
08:45 EDTFX action: The dollar was mostly unchanged
FX action: The dollar was mostly unchanged after the mix of data, which saw income up slightly more than median forecasts, and consumption missing the mark slightly. EUR-USD is off session highs of 1.0887, trading near 1.0875, as USD-JPY idles near 121.25, down from the earlier peak of 121.40. Equity futures remain near session lows, well under water.
08:45 EDTTreasury Action: yields settled lower
Subscribe for More Information
08:38 EDTFutures remain below fair value ahead of open
Subscribe for More Information
08:35 EDTFed Vice Chair Fischer snuck onto the docket
Subscribe for More Information
08:20 EDTU.S. Personal Income Preview
Subscribe for More Information
08:10 EDTFed funds are opening in the 0.36% to 0.40% range
Subscribe for More Information
08:05 EDTFed funds are opening in the 0.36% to 0.40% range
Subscribe for More Information
08:05 EDTEnergy Action: NYMEX crude is down 3.5%
Subscribe for More Information
07:45 EDTTreasury Market Outlook: bonds are little changed light trading
Treasury Market Outlook: bonds are little changed light trading, having unwound earlier strength. Treasuries and European rates are biased slightly higher, while Asian rated dipped further to start a new month, after the BoJ's shift to NIRP last week. The 10-year Treasury has edged up to 1.93% from a low of 1.90%, in part of profit taking, after month-end buying supported trading late Friday. The JGB sunk to 0.024%. Stocks are also lower. Another weak PMI from China weighed on equities, but was offset somewhat by an unexpected increase in the U.K. manufacturing index to a 3-month high. Meanwhile, comments from ECB's Nowotny, who said the markets expected too much in December and suggested players should learn from the experience, took some of the starch out of the bullish tone. This will be a busy week in the U.S. with key data, Fedspeak, more earnings news and Treasury announcements. Today's slate includes December personal income, PCE, the January manufacturing ISM, the Markit PMI, and December construction spending. Treasury announces its Q1 and Q2 borrowing forecasts ahead of Wednesday's refunding details. Earnings will remain a focal point too with Alphabet (aka Google and including a new reporting structure), Anadarko Petroleum, Tesoro, Sysco, Wynn Resorts, Aetna, and Mattel.
<< 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 >>

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