Paras Madho is a Director of the Market Watch & Corporate Actions, Global Corporate Client Group for NYSE Euronext (NYSE: NYX). In this...
Spain (Photo credit: robynejay)
Ahead of the Bell: Dow futures are trading up 48 points and S&P futures are trading up 4 points as investors remain cautious about the outlook for Spain; the nation has a crucial bond auction this week. The Chinese yuan traded lower today, following a decision by China’s central bank to double the size of the currency’s trading band. The banking sector will be in focus today after Citigroup reported better than expected quarterly results.
DJIA down 136.99 pts/-1.05%/12,849.59
S&P down 17.31 pts/-1.25/1,370.26
Nasdaq down 44.22 pts/-1.45/3,011.33
Dow Futures up 48.00 pts/+0.17%
S&P Futures up 4.40 pts/+0.08%
Nasdaq Fut up 8.22 pts/+0.19%
CAC 40 +0.98%
NIKKEI 225 -1.74%
HANG SENG -0.44%
Overseas: World stock markets were up today. European and Asian markets are mixed on concerns over euro zone debt crisis., Spain is the latest nation to come into focus over its debt crisis.
Economic Reports: Today, Retail Sales expected to be 0.3% at 8:30 a.m., Treasury International Capital expected to be 18 at 9:00 a.m., Business Inventories expected to be 0.6% at and Housing Market Index expected to be 29 at 10:00 a.m., later in the week, Housing Starts, Industrial Production, Jobless Claims, Existing Homes Sales, Philadelphia Fed Survey, Leading Indicators, and Fed Balance Sheet.
Gold:down $10.10 to $1,648.85
Oil: down 0.31 to $102.52
EUR/USD 1.3030 -0.0158
USD/JPY 80.7705 -0.1065
GBP/USD 1.5843 -0.0117
Volatility Index (VIX): As of the close of business Friday, April 13, the VIX is up 2.35 at 19.55
Companies Reporting Quarterly Earnings:
Citigroup reports Q1 EPS $1.11 ex-items, vs. Est $1.00 and Q1 revenue $19.4B, vs. Est $19.81B.
Mattel reports Q1 EPS 2c, vs. Est 7c and Q1 revenue $928.4M, vs. Est $988.62M.
Today’s Opening and Closing Bells:
CEOs from Exploration and Production companies will visit the NYSE. They are in town to participate in the annual IPAA (Independent Petroleum Association of America) OGIS (Oil & Gas Investment Symposium) Conference in New York from April 16 to 18 and will ring the opening bell.
The Nature Conversancy will ring the closing bell.
Nothing herein constitutes an offer to sell or a solicitation of an offer to buy any security or a recommendation of any security or trading practice. Some information included above has been aggregated from multiple public third-party financial news sources for informational purposes only and redistributed to the NYSE Euronext community. NYSE Euronext does not control the content provided by these sources and does not guarantee the accuracy, integrity or quality of such content.