Ahead of the Bell: Dow futures are trading down 26 points and S&P futures are trading down 4 points. All eyes will be on the Federal Reserve and the FOMC meeting which begins today. Fed watchers will be looking for hints on a possible shift in policy, particularly on what the central bank plans to do with its low interest rates and its ongoing bond repurchase program. Economists are expecting the Fed to keep rates unchanged, but might take the punch bowl away earlier than expected if the employment data continues to improve. Germany reported consumer confidence rose in February from the previous month to beat forecasts.
On the economic calendar today, S&P Case-Shiller HPI for November will be out before the opening bell, 0.7% is forecasted compared with the same reading for the month prior. The Conference Board's consumer confidence index for January will be released after the market opens, 65.1...
State Street Global Advisors, the asset management division of State Street Corporation (NYSE: STT), today marked the twentieth anniversary of their SPDT ETF business globally. The launch of the first US listed SPDR ETF in 1993 was a ground-breaking innovation that improved access to the market for investors.
Launched with just $6.5 million in assets, the SPDR S&P 500 ETF is now the world’s largest ETF with more than $123 billion in assets under management. It is the most traded ETF with an average daily trading volume of 144 million shares.
De Voedselbank vraagt met een slag op de gong aandacht voor haar 10-jarig bestaan en het ‘Iedereen aan tafel!’ project.
Er zijn inmiddels meer dan 135 Voedselbanken in Nederland. Ruim 35.000 Nederlandse gezinnen kloppen wekelijks aan omdat ze niet meer rond kunnen komen. Gedurende het jubileumjaar nodigt de Voedselbank iedereen aan tafel uit om deel te nemen aan het debat over de toekomst van de Voedselbank. De debatten wordenop regionaal en landelijk niveau gevoerd aan de Voedselbank-tafel maar ook online kan iedereen meepraten. Sjaak Sies, oprichter Voedselbanken Nederland, luidt de gong.
Stocks finished mixed with the Dow and S&P both snapping a long win streak, despite better than expected economic data as investors played the sidelines following the recent rally which brought the equity market to 5-year highs.
U.S. durable goods orders jumped 4.6% in December, beating expectations for a rise of 1.8%. Other reports showed that pending home sales unexpectedly dropped 4.3%. Analysts were anticipating an increase of 0.3%.
Thomson Reuters data showed that of the 150 companies in the S&P 500 that have reported earnings so far, 67.3% have beaten analysts' expectations, which is above the average since 1994.