Apr 24 2014 | 8:33 AM

Ahead of the Bell: Dow futures are trading up 40 points and S&P futures are trading up 7 points. Investor sentiment appears strong again on upbeat corporate earnings from the tech sector. Apple and Facebook both reported better than forecasted quarterly results with a positive outlook going forward, which has helped shake off some of the jitters that has hit the sector in recent weeks. Investors are concerned that recent improvements in euro zone data has bolstered the view that the bank is unlikely to initiate any aggressive quantitative easing for now. The political upheaval in Ukraine appears to be at a standstill after Kiev cleared some government buildings of pro-Russian forces a day after the US promised to support the pro-western government, and a warning to Russia not to interfere in Ukraine.


 



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Apr 24 2014 | 8:20 AM

Ahead of the Bell: Dow futures are trading up 40 points and S&P futures are trading up 7 points. Investor sentiment appears strong again on upbeat corporate earnings from the tech sector. Apple and Facebook both reported better than forecasted quarterly results with a positive outlook going forward, which has helped shake off some of the jitters that has hit the sector in recent weeks. Investors are concerned that recent improvements in euro zone data has bolstered the view that the bank is unlikely to initiate any aggressive quantitative easing for now. The political upheaval in Ukraine appears to be at a standstill after Kiev cleared some government buildings of pro-Russian forces a day after the US promised to support the pro-western government, and a warning to Russia not to interfere in Ukraine.


 



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Apr 23 2014 | 8:30 AM

Ahead of the Bell: Dow futures are trading down 4 points and S&P futures are trading down 2 points. Euro zone private businesses rose to their best month in April in nearly three years, but stuttering Chinese factory activity over shadowed the positive sentiment after it shrank for a fourth straight month in April, according to surveys. Growth in the 17-member bloc was sphere-headed by Germany where its PMI jumped from March after the region's services industry led the charge while manufacturers also had a stronger month. Market participants are hopeful that China has turned the corner after the government introduced policy steps to combat the slowdown in the world's second biggest economy. The crisis in Ukraine continues to drag on financial markets after the US threatened Russia with more sanctions and Ukraine's government said it was restarting an "anti-terrorist operation" to eliminate armed pro-Russian separatist groups.

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Apr 22 2014 | 8:07 AM

Ahead of the Bell: Dow futures are trading up 5 points and S&P futures are trading up 2 points. Global shares are buoyed by M&A activity, speculation of QE by the ECB, and China's central bank action. Merger activity in the pharmaceutical sector involving Eli Lilly, GlaxoSmithKline, and Novartis and Valiant Pharmaceuticals International Inc., and Allergan Inc., are lifting futures trading after markets in Germany, England, Hong Kong, and Australia reopened following the Easter holidays. There is rising expectations among investors of further policy easing by the European Central Bank after the region reported inflation is running at 0.5%. China's yuan fell to its lowest level in 14 months against the dollar, after the central bank set a lower official midpoint of its trading range, highlighting its desire for a weaker currency to manage an economic slowdown.


 



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