Ahead of the Bell: Dow futures are trading down 63 points and S&P futures are trading down 5 points following disappointing growth data from euro zone economies, including France and Germany, as the region slips deeper into recession. Investors are taking a step back and assessing whether recent market gains are overdone. Germany reported its economy contracted by 0.6% in the final quarter of 2012, marking its worst performance since the start of the global financial crisis. The Bank of Japan kept its monetary policy steady and upgraded its outlook of its economy, in light of recent retraction by the Japanese yen.
On the economic calendar today, the Labor Department will release weekly jobless claims before the market opens, economists are forecasting 360K compared with 366K for the week prior.
A number of Federal Reserve speakers will be on the speaking circuit, including James Bullard and...
The CEO of Sky Radio Group Philip Alberdingk Thijm sounds the gong for Valentine’s Day.
The radio station traditionally organizes a special performance for its listeners on this romantic day. There will be a Valentines-concert with singer Sandra van Nieuwland in Poptemple Paradiso, Amsterdam. The tickets for this show were sold out in a couple of hours, Sky Radio gave away the last tickets to its listeners. Sky Radio Group is part of Telegraaf Media Group (TMG). TMG is listed on NYSE Euronext (ticker symbol: TMG).