Market Overview
09:55 am : If the initial stages of trading are any indication as to how today is going to play out, it is going to be a long day. The indices are experiencing some light profit taking after yesterday's outsized gains, but overall, are little changed relative to the scope of yesterday's advance. The economic releases due at the top of the hour should offer some definition for today's session as the corporate headlines aren't holding much influence. The only one garnering any added attention is a report in the Financial Times that alleges Apple (AAPL 80.04, -1.48) CEO Steve Jobs received as many as 7.5 million unauthorized stock options.DJ30 -16.58 NASDAQ -8.31 SP500 -2.97 NASDAQ Dec/Adv 1263/1131 NYSE Dec/Adv 981/814
09:40 am : Market is off to a sluggish start with the major indices showing little change. After yesterday's rally, some early profit taking can be expected, but with a batch of economic data on the near horizon that includes Existing Home Sales, Consumer Confidence, and the Chicago Purchasing Manager's Index at 10:00ET, participants are in more of a wait-and-see mode at this point before they make any concerted moves.DJ30 +2.65 NASDAQ -1.88 SP500 -0.71
09:14 am : S&P futures vs fair value: -1.5. Nasdaq futures vs fair value: -5.0.
09:05 am : S&P futures vs fair value: -1.3. Nasdaq futures vs fair value: -5.0. Market remains poised for a slightly lower open, but there has been a bit of improvement in the wake of the weekly initial claims report. Although claims rose 1K to 317K, the 4-week moving average dipped to 315,750 from 326,000 which continues to reflect a tight labor market.
08:30 am : S&P futures vs fair value: -2.3. Nasdaq futures vs fair value: -6.8.
08:00 am : S&P futures vs fair value: -2.3. Nasdaq futures vs fair value: -6.8.
06:18 am : S&P futures vs fair value: -2.9. Nasdaq futures vs fair value: -6.5.
06:17 am : FTSE...6234.10...-11.10...-0.2%. DAX...6606.18...-2.68...-0.0%.
06:17 am : Nikkei...17224.81...+1.66...+0.0%. Hang Seng...20001.91...+276.18...+1.4%.
Published by Briefing.com
posted by Stock Administrator @ 9:57 AM
Market Overview
09:55 am : If the initial stages of trading are any indication as to how today is going to play out, it is going to be a long day. The indices are experiencing some light profit taking after yesterday's outsized gains, but overall, are little changed relative to the scope of yesterday's advance. The economic releases due at the top of the hour should offer some definition for today's session as the corporate headlines aren't holding much influence. The only one garnering any added attention is a report in the Financial Times that alleges Apple (AAPL 80.04, -1.48) CEO Steve Jobs received as many as 7.5 million unauthorized stock options.DJ30 -16.58 NASDAQ -8.31 SP500 -2.97 NASDAQ Dec/Adv 1263/1131 NYSE Dec/Adv 981/814
09:40 am : Market is off to a sluggish start with the major indices showing little change. After yesterday's rally, some early profit taking can be expected, but with a batch of economic data on the near horizon that includes Existing Home Sales, Consumer Confidence, and the Chicago Purchasing Manager's Index at 10:00ET, participants are in more of a wait-and-see mode at this point before they make any concerted moves.DJ30 +2.65 NASDAQ -1.88 SP500 -0.71
09:14 am : S&P futures vs fair value: -1.5. Nasdaq futures vs fair value: -5.0.
09:05 am : S&P futures vs fair value: -1.3. Nasdaq futures vs fair value: -5.0. Market remains poised for a slightly lower open, but there has been a bit of improvement in the wake of the weekly initial claims report. Although claims rose 1K to 317K, the 4-week moving average dipped to 315,750 from 326,000 which continues to reflect a tight labor market.
08:30 am : S&P futures vs fair value: -2.3. Nasdaq futures vs fair value: -6.8.
08:00 am : S&P futures vs fair value: -2.3. Nasdaq futures vs fair value: -6.8.
06:18 am : S&P futures vs fair value: -2.9. Nasdaq futures vs fair value: -6.5.
06:17 am : FTSE...6234.10...-11.10...-0.2%. DAX...6606.18...-2.68...-0.0%.
06:17 am : Nikkei...17224.81...+1.66...+0.0%. Hang Seng...20001.91...+276.18...+1.4%.
Published by Briefing.com
09:40 am : Market is off to a sluggish start with the major indices showing little change. After yesterday's rally, some early profit taking can be expected, but with a batch of economic data on the near horizon that includes Existing Home Sales, Consumer Confidence, and the Chicago Purchasing Manager's Index at 10:00ET, participants are in more of a wait-and-see mode at this point before they make any concerted moves.DJ30 +2.65 NASDAQ -1.88 SP500 -0.71
09:14 am : S&P futures vs fair value: -1.5. Nasdaq futures vs fair value: -5.0.
09:05 am : S&P futures vs fair value: -1.3. Nasdaq futures vs fair value: -5.0. Market remains poised for a slightly lower open, but there has been a bit of improvement in the wake of the weekly initial claims report. Although claims rose 1K to 317K, the 4-week moving average dipped to 315,750 from 326,000 which continues to reflect a tight labor market.
08:30 am : S&P futures vs fair value: -2.3. Nasdaq futures vs fair value: -6.8.
08:00 am : S&P futures vs fair value: -2.3. Nasdaq futures vs fair value: -6.8.
06:18 am : S&P futures vs fair value: -2.9. Nasdaq futures vs fair value: -6.5.
06:17 am : FTSE...6234.10...-11.10...-0.2%. DAX...6606.18...-2.68...-0.0%.
06:17 am : Nikkei...17224.81...+1.66...+0.0%. Hang Seng...20001.91...+276.18...+1.4%.
Published by Briefing.com
posted by Stock Administrator @ 9:57 AM
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