Paras Madho is a Director of the Market Watch & Corporate Actions, Global Corporate Client Group for NYSE Euronext (NYSE: NYX). In this...
Ahead of the Bell: Dow futures are trading up 53 points and S&P futures are trading up 7 points as European finance ministers near a plan to increase the fire wall and expand the euro zone rescue fund on the final trading day of the 1st quarter, the most successful quarter since 1998. Investors are cautious that ministers will double the size of the stability fund to receive the $1 trillion identified by the IMF.
DJIA up 19.61 pts/+0.15%/13,145.82
S&P down 2.26 pts/-0.16/1,403.28
Nasdaq down 9.60 pts/-0.31/3,095.36
Dow Futures up 53.00 pts/+0.41%
S&P Futures up 6.40 pts/+0.42%
Nasdaq Fut up 12.22 pts/+0.46%
CAC 40 +1.22%
NIKKEI 225 -0.67%
HANG SENG -1.32
Overseas: World stock markets were higher today. European and Asian markets are higher, as investors are optimistic EU finance ministers will come up with a plan to increase the regions bailout fund.
Economic Reports: Personal Income and Outlays expected to be 0.4% at 8:30 a.m., Chicago PMI expected to be 63.0 at 9:45 a.m., and Consumer Sentiment expected to be 75.0 at 9:55 a.m.
Gold:up $2.10 to $1,663.85
Oil: up 0.53 to $103.31
EUR/USD 1.3339 +0.0034
USD/JPY 82.0560 -0.3650
GBP/USD 1.6015 +0.0065
Volatility Index (VIX): As of the close of business Thursday, March 29, the VIX is up 0.01 at 15.48
Companies Reporting Quarterly Earnings:
Finish Line reports Q4 adjusted EPS 80c,vs. Est 81c and Q4 revenue $456.26M, vs Est $432.62M.
China Ming Yang Wind Power Group (MY): Q4 EPS of -$0.15 misses by $0.43. Revenue of $128.4M (-52.8% Y/Y).
Today’s Opening and Closing Bells:
Nationstar Mortgage Holdings Inc. (NSM) to celebrate the company’s recent IPO. CEO Jay Bray will ring the opening bell.
The first-ever TEDxWallStreet, a not-for-profit event, will convene on March 30th at the NYSE where pioneering thought leaders will address a diverse audience of 300 business, social and academic influencers. To celebrate this event, executives and leaders from TEDxWallStreet will ring the closing bell.
Market Watch and Corporation Actions
(212) 656- 5404
Nothing herein constitutes an offer to sell or a solicitation of an offer to buy any security or a recommendation of any security or trading practice. Some information included above has been aggregated from multiple public third-party financial news sources for informational purposes only and redistributed to the NYSE Euronext community. NYSE Euronext does not control the content provided by these sources and does not guarantee the accuracy, integrity or quality of such content.