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Parasnand Madho
14 Mar, 2012 | 07:57 AM
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Ahead of the Bell: Dow futures are trading up 13 points and S&P futures are trading up 2 points following the previous trading sessions healthy gains, on the Fed's improving outlook for the economy and the labor market gathering strength.  The banking sector will be in focus today, after most of the largest US banks passed their stress test for Tier 1 capital. On the economic calendar today, import and export prices for February will be out before the market opens and the expectation is, 0.3% compared with 0.2% for the previous month. ...
Parasnand Madho
6 Mar, 2012 | 09:10 AM
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Ahead of the Bell: Dow futures are trading down 84 points and S&P futures are trading down 10 points. Investors continue to worry after China trimmed its economic growth forecast for 2012 followed by not so stellar ISM data from the US on Monday.  The growth cut signals the second largest industrialized nation in the world will scale back infrastructure spending. Traders will now turn their attention to the jobs data on Friday, any number for non-farm payroll above 200K will be seen as supporting the recovery. ...
Parasnand Madho
2 Mar, 2012 | 09:02 AM
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Ahead of the Bell: Dow futures are trading down 37 points and S&P futures are trading down 5 points as a two-day summit of EU leaders draws to a conclusion. Investors are concerned Greece could default, despite a record overnight deposits at the ECB.  Germany reported that a surprise drop in retail sales raising concerns that growth is slowing in the region.  Resources related stocks will be in focus today, after reports of crude oil supply disruption from Saudi Arabia turned out to be false.  Crude is currently reading at $107 a barrel. ...