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Parasnand Madho
2 Jan, 2014 | 09:16 AM
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Ahead of the Bell: Dow futures are trading down 24 points and S&P futures are trading down 3 points.  Investors appear to have an appetite for risk as we begin the New Year despite disappointing Chinese manufacturing data.  There seems to be renewed interest for commodities and the dollar.  China's official Purchasing Managers' Index  fell in December, while euro zone manufacturing showed growth accelerating at its fastest rate since mid-2011 in December, supported by strong business in Germany and Italy. ...
Parasnand Madho
26 Dec, 2013 | 09:28 AM
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Ahead of the Bell: Dow futures are trading up 42 points and S&P futures are trading up 2 points.  US futures point to a higher open today, after the Dow Jones Industrial Average and the S&P 500 both closed at record levels in the holiday-shortened session the day before Christmas.  Traders are awaiting another look at the labor market, when the Labor Department releases data on weekly claims for state unemployment benefits.  The markets continue in Santa rally mode, with major market indexes tapping fresh highs. ...
Parasnand Madho
24 Dec, 2013 | 09:05 AM
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Ahead of the Bell: Dow futures are trading up 4 points and S&P futures are trading down 2 points.  Global stock markets are rallying on this holiday shortened trading session as  equity indexes hit all-time highs, driving investors into riskier bets and away from traditional safe-haven assets such as gold.  An improving global economic picture coupled with an upbeat forecast for the US economy has prompted the risk on trade, now that the Federal Reserve has announced it will scale back its monetary policy. ...
Parasnand Madho
19 Dec, 2013 | 09:30 AM
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Ahead of the Bell: Dow futures are trading down 5 points and S&P futures are trading down 2 points.  Global stocks are rallying after the Federal Reserve surprised Fed watchers and announced a modest cut in its bond-buying program. The central bank will reduce its $85 billion a month asset purchases by $10 billion in January and the bond market and took it in stride as the interest on the 10-year treasury and the Fed fund rate held steady. ...
Parasnand Madho
22 May, 2013 | 08:16 AM
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Ahead of the Bell: Dow futures are trading up 20 points and S&P futures are trading down 3 points on expectations that Chairman Ben Bernanke, who is scheduled to speak today, will signal no tapering back to its accommodative monetary policy. ...
Giuseppe Montefinese
21 May, 2013 | 04:38 PM
1,330 Views
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U.S. equities closed modestly higher on Wall Street amid choppy trading as investors weighed better than expected results from Saks, Home Depot, and AutoZone ahead of tomorrow's FOMC minutes and Bernanke's testimony to Congress.  Healthcare and Consumer Discretionary topped gains, while Telecom led declines. St. Louis Fed President Bullard reiterated his position that continued Quantitative Easing is presently the best monetary policy option, saying the recovery in the US has been slower than expected due to the "uncertain" economic outlook.   ...