Stocks closed lower and traded relatively flat today, as investors looked for catalysts to keep the rally in equities going in the absence of any major economic report or earnings announcements. On Tuesday, President, Barack Obama will outline his plan for spurring the economy in his State of the Union address. The president is expected to offer proposals for investment in infrastructure, manufacturing, clean energy and education.
The economy ministry of Germany is confident that the nation will slowly regain momentum this year after contracting in the last three months of 2012, as industrial orders are improving and sentiment surveys are signaling that consumers are becoming more optimistic.
Trivian Baboeram Randay, winner of the 2012 Bert Douwes Award sounds the gong.
The Bert Douwes Award is named after Bert Douwes, a teacher at the Hogeschool Amsterdam, who died in 2007. The Hogeschool Amsterdam’s minor programme in Investment offers students the opportunity to spend six months studying all aspects of the financial markets and investment. At the end of this period participating students write a thesis on a current financial subject. The best thesis is presented with the award, which is sponsored by NYSE Euronext. Trivian wrote a thesis about a possible relationship between a large publicity campaign and the price of a share.
Executives from NYSE Euronext Leading ETP Issuers, NYSE Arca Lead Market Makers and several other key industry participants to Ring The Opening BellSM
"Paving the Way for ETP Innovation"
REMOTE NYSE Opening Bell from Hollywood, Florida - Monday, February 11, 2013, 9:30 am EST
On Monday, February 11, 2013, NYSE Euronext executives, leading Exchange Traded Product (ETP) issuers, representatives from NYSE Arca Lead Market Makers and several other key industry participants will ring the NYSE Opening Bell remotely from IndexUniverse's 6th Annual Inside ETFs Conference to celebrate the 20 years of continued growth and innovation of ETP listing and trading in the U.S. markets. NYSE Arca, the all-electronic trading platform of NYSE Euronext, is the leading exchange for ETP listing and trading in the U.S.
What to expect from the 2013 IPO market? Business journalists and industry experts are weighing in following the debuts of Zoetis, Bright Horizons Family Solutions, Boise Cascade and other companies.
"Now, we're hearing optimism about global growth and the ability of governments to address the fiscal issues that are going on," Scott Cutler, executive vice president and head of global listings at NYSE Euronext told Reuters for an article entitled “IPOVIEW-As U.S. stock market climbs, IPOs find demand again.”
As equity markets hit multi-year high marks, investment bankers are pushing to take businesses public, the wire service reports. Last month, 76 companies sold shares in the U.S...
Ahead of the Bell: Dow futures are trading up 28 points and S&P futures are trading up 3 points as investors become more bullish on the economy and the equity market. Economist believe the economy expanded more than expected in the 4th quarter, as much as 0.5%, after the latest reading by the Commerce Department showed the trade deficit shrank in December, amid higher exports and a slump in oil imports narrowed the trade gap. However, renewed worries over Italy and Spain continued to spook financial markets. Most of the Asian markets, including Japan, Hong Kong, China, Singapore, and South Korea are closed for the Lunar New Year holiday.
On the economic calendar today, no reports are due. The dollar is up against the British pound and down against the euro and the Japanese yen. Gold is trading at $1,658. Crude oil is currently trading at $95 a barrel.