Closing bell. Im kelly evans. Im bill griffeths. Fourth time was a charm. This is our first rally of 2014 after declines. Pretty good Economic Data, the trade deficit number was strong enough. Thats 10 of our economy. So that bumped up the growth estimates for the quarter. The trade deficit figures were a big deal. Very excited about trade deficit. You can talk about the Immediate Impact to the Fourth Quarter gdp numbers. 2. 4 to 3. 3 on that report alone. Could you talk about what it means for the u. S. Energy story. Could you talk about what it means for the u. S. Dollar because the trade gap which is part of the current account is shrinking quickly. Were here to talk about the rally. The dow is up 114 points. Not far from the high of the day, but we got a ways to go before an alltime high. As bad a start as weve had to the year, were only 40 points off the closing high for the Dow Jones Industrial average. Were only 10 or 11 points for the s p 500. Its the Rolling Stone article that
However, this morning, futures are indicated lower once again. Dow futures down by about 20 points below fair value, nasdaq down by 5. 5 points. Keep an eye on treasuries today. There is an auction of 21 billion in reopened tenyear notes at 1 00 p. M. Eastern time. Traders note that the sale comes after a recommendively weak threeyear note auction. Hsbc says the dream run in u. S. Stocks is set to end. In a report today, the bank says that the fed cutting asset purchases and the market setting to cut rates will present a turn for equities. Hsbc is forecasting it will rise just 4 this year to 1900. We have got Corporate News this morning. The Parent Company of chuck e. Cheese is reportedly looking for buyers. Also this morning, facebook buying a start up that builds Performance Analysis and monitoring tools for the mobile android applications, apps witness as theyre known. The india based company is called little ilab. Reports suggest the price is also tiny, less than 15 million. Micron
ASML discloses 2024 AGM results streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
ASML discloses 2024 AGM results wallstreet-online.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wallstreet-online.de Daily Mail and Mail on Sunday newspapers.