Ahead of the Bell: Dow futures are trading up 48 points and S&P futures are trading up 5 points. More easy monetary policy from The Bank of Japan is over shadowing dismal economic data from Europe. The Japanese central bank surprised markets by radically overhauling its monetary policy. The bank adopted a new balance sheet and pledged to double its government bond buying efforts, as it seeks to end nearly two decades of deflation. Disappointing business activity from the euro zone, particularly in France once again is dragging on global markets. Markets are awaiting an interest rate decision from the Bank of England and the European Central Bank, which is expected to remain unchanged.
On the economic calendar today, the Labor Department will release weekly jobless claims before the market opens and it is expected to be 350K versus 357K for the week prior. Federal Reserve Bank Presidents Charles Evans...
Simon Henry, Royal Dutch Shell plc CFO, opens the trading day to celebrate the 35-year anniversary of the Amsterdam Options Exchange of NYSE Liffe.
For 35 years now, right from the very first day on April 4th 1978, options on Shell have been traded at the Amsterdam Options Exchange. Until July 2005 as option ‘Royal Dutch’ and ever since as RDS-A and RDS-B. In July 2009 Simon Henry took over as CFO from Peter Voser, who now leads the company as CEO of Royal Dutch Shell plc.
On Wednesday, April 3, executives and guests of Houston, Texas-based PROS Holdings, Inc. will visit the New York Stock Exchange.
To mark the occasion, Andres Reiner, President, Chief Executive Officer and Director, PROS Holdings will ring the NYSE Opening Bell.
About PROS Holdings, Inc. (NYSE: PRO)
PROS Holdings, Inc. (PRO) is a big data software company that helps customers outperform in their markets by using big data to sell more effectively. We apply 27 years of data science experience to unlock buying patterns and preferences within transaction data to reveal which opportunities are most likely to close, which offers are most likely to sell and which prices are most likely to win. PROS offers big data applications to optimize sales, pricing, quoting, rebates and revenue...
Stocks ended lower today as weak growth in U.S. private sector jobs dampened investors’ optimism and is now a source of concern that the economic recovery is losing steam.
The ADP Employment Report showed that private payrolls increased a mere 158,000 in March which is much lower than February’s (revised) number of 237,000. The cause of the slump is the diminishing demand for construction jobs.
The ISM Non-Manufacturing Index fell to 54.4 which is the slowest monthly growth since July 2012. The report indicates that employment is the main source of the downturn.
Home loan applications fell 4% due to a decline in refinancing.