Ahead of the Bell: Dow futures are trading up 26 points and S&P futures are trading up 2 points. Investors remain optimistic that diplomatic efforts to cool the crisis in Ukraine will continue. European Union leaders are meeting in Brussels today and are set to impose sanctions against Russia, whose forces have seized control of Ukraine's Crimea region. Federal Reserve Chair Janet Yellen vowed to "do all that she can" to boost a US economy where unemployment is too high and inflation is too low. The European Central Bank is likely to announce new monetary policy updates after the International Monetary Fund called on the ECB to start buying public and private assets or extend more cheap long-term loans to banks, as well as cutting interest rates to a new record low.
Financial Information Services Division (FISD) sounds the gong to start their conference held at Beursplein 5.
FISD is a non-profit organization that provides a neutral forum supporting the global financial information industry. Its members are comprised of market data consumers including banks, brokers, hedge funds and investment firms, content providers including exchanges, news organizations and automated trading systems, and vendors including market data vendors, software developers and consulting firms. FISD Managing Director, Tom Davin, sounds the gong.
Benchmark U.S. stock indexes were mixed and little changed on Wednesday following two days of sharp swings as investors brushed off softer-than-expected U.S. economic data while keeping a close eye on developments out of Ukraine. Also in focus was the Fed Beige Book released at 2pm ET. Of the major S&P 500 sectors, Financials and Discretionary led gains while Energy and Utilities topped declines. Gold reversed from earlier gains and is fractionally lower. Crude Oil has been lower through the session as is the dollar which slipped against a basket of rivals.
A report released earlier today from payrolls processor ADP showed private employment increased by 139K jobs last month, short of the 151K economists had forecast. At the same time, private-sector jobs growth in January was revised down sharply to 127K from 175K.
A separate report from the Institute for Supply Management said its ISM services sector index...
Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (GAP) (NYSE: PAC), an operator of 12 airports throughout Mexico’s Pacific region, led by CEO Fernando Bosque and members of the company’s leadership team, will visit the New York Stock Exchange and ring The Closing Bell®.
Grupo Aeroportuario del Pacífico, S.A.B. de C.V. operates twelve airports throughout Mexico’s Pacific region, including the major cities of Guadalajara and Tijuana, the four tourist destinations of Puerto Vallarta, Los Cabos, La Paz and Manzanillo, and six mid-sized cities: Hermosillo, Guanajuato, Morelia,...
Representatives from the Triple Negative Breast Cancer Foundation (TNBCF), a nonprofit corporation dedicated to supporting the TNBC community and sponsors of this month's national Triple Negative Breast Cancer Day event, will visit the New York Stock Exchange (NYSE) on Wednesday, March 5. To mark the occasion, Executive Director Hayley Dinerman will ring The Opening Bell.
About Triple Negative Breast Cancer Foundation (TNBCF)
The Triple Negative Breast Cancer Foundation was founded in 2006 in honor of Nancy Block-Zenna, a young woman who was diagnosed at age 35 with triple-...