New User:

Forgot your password?

Stock Market & Financial Investment News

News For NOSYMBOL From The Last 14 Days
Check below for free stories on NOSYMBOL the last two weeks.
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 | all recent NOSYMBOL news | >>
April 22, 2014
15:00 EDTTreasury Closing Summary:
Treasury Closing Summary: The tech and pharma sectors revisited some revenge on the less risky sectors of the asset markets as NASDAQ led a charge higher following a Gordian knot of drug sector M&A and solid Netflix earnings. Set-up for 2-year supply also preoccupied the bond market, even though fresh signs of conflict in East Ukraine emerged over the course of the session. Accordingly, yields probed mostly higher, even after relatively uninspiring data. The FX market remained jailed in Dullsville.
14:10 EDTU.S. New Home Sales Preview
U.S. New Home Sales Preview: March new home sales will be released on Wednesday and analysts expect the headline to increase 2.3% to 450k (median 450k) from 440k in February. Housing starts data for the month has already been released and revealed a 2.8% increase to a 946k pace of growth and the NAHB index for March ticked up to 47 from 46 in February.
14:01 EDTAverages at session highs
The major equity indexes are uniformly higher, with the Nasdaq leading gains as the tech index is higher by more than 1.1%. If current levels hold into the close, the averages will mark their sixth straight session of gains. Market internals are positive, with both advancing stocks and up volume leading declining stocks and down volume by 3:1, respectively. The price of crude oil is lower by 2.2% to about $102 a barrel, and gold is lower by 0.5%. The Dow up 106 points, the S&P 500 is up 12 points, and the Nasdaq is up 48 points.
13:45 EDTTreasury Action: debt managers sell $35 B in 5-year notes Wednesday
Subscribe for More Information
13:35 EDTTreasury Option Action: a mixed bag
Subscribe for More Information
13:35 EDTFX Action: USD-JPY has been pretty much dead
FX Action: USD-JPY has been pretty much dead in the water through the N.Y. session, touching lows of 102.46, and a peak of 102.66. The larger Japanese trade deficit reported overnight has weighed some on the yen, as has the better equity market backdrop though analysts maintain until the BoJ's policy outlook becomes clearer, USD-JPY upside could be limited going forward, with 101.00 to 103,00 seen as a reasonable range for now.
13:20 EDTTreasury Action: short yields backed up
Treasury Action: short yields backed up on the lackluster 2-year auction results, which came in disappointingly shy of high expectations given the yield cushion and ongoing Ukraine strains. The cash 2-year yield nosed over 0.41% session highs compared to lows in Asia near 0.39% and the 0.447% award rate on the new issue. Look for the roll overnight to effectively flatten the curve tomorrow.
13:05 EDTEx Fed chief Bernanke doesn't see a big risk from inflation
Ex Fed chief Bernanke doesn't see a big risk from inflation, either too low or too high, on the U.S. economy. He's been speaking to the Economics Club of Canada in Toronto. The economy is making considerable progress, he said, and expects prices to speed up to the 2% rate (of course analysts've been hearing forecasts like these for some time). He tried to clarify that forward guidance was meant to set out a reaction function. And he added the Fed wasn't favoring Wall Street over Main Street as it provided stimulus.
12:40 EDTTreasury 2-year auction preview:
Subscribe for More Information
11:40 EDTTreasury's $25 B 4-week bill sale was solid
Subscribe for More Information
11:30 EDTNY Fed bought $1.018 B in bonds
NY Fed bought $1.018 B in bonds dated from February 15, 2036 through February 15, 2044. The Street offered $4.915 B. Yields remain mostly higher on the day, though the long end is outperforming with the 30-year steady at 3.528%.
11:30 EDTTreasury 2-year auction outlook:
Subscribe for More Information
11:05 EDTEuro$ interest rate futures are defensive
Subscribe for More Information
10:55 EDTU.S. equities are getting rampy again
Subscribe for More Information
10:35 EDTNY Fed outright purchase:
Subscribe for More Information
10:25 EDTThe 0.2% March U.S. existing home sales drop
The 0.2% March U.S. existing home sales drop to a weaker than expected 4.590 M rate followed unrevised prior rates that left declines in seven of the last eight months, and a cumulative drop of 14.7% from the 5.380 M recent-peak last July. Analysts have cyclical gains of just 33% for existing home sales and 23% for pending home sales, versus a larger 67% for new home sales that were particularly hard-hit in the housing downturn, and a 98% cyclical rise for housing starts. Though weather has likely contributed to Q1 sales weakness, financial constraints are likely more important given that a third of sales are cash transactions, and the MBA purchase index set a new cycle-low as recently as February. Sales are rising disproportionately for higher-priced homes, which likely reflects broader financing options for high income households. For the other housing reports, analysts expect a 2.3% March new home sales rise to a 450k rate, and a 0.8% March construction spending rise to a new cycle-high that chases the 2.9.% March construction hours-worked surge.
10:20 EDTRichmond Fed's manufacturing index rebounded to 7 in April
Subscribe for More Information
10:15 EDTFX Action: The dollar was perhaps a shade softer
Subscribe for More Information
10:15 EDTTreasury Action: yields remained elevated
Subscribe for More Information
10:13 EDTExisting Home Sales data reported
March Existing Home Sales down -7.5% for the year
<< 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 | 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 disclaimer & terms of use