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Market Wrap For December 2: Markets Sluggish on Cyber Monday
Monday, December 2, 2013 - 5:50pm | 1882Despite a positive note by a leading analyst at Morgan Stanley (NYSE: MS), major markets suffered a post-turkey Thanksgiving hangover as major indices closed in the red. Adam Parker, Morgan Stanley's lead strategist predicted the S&P will hit 2014… in 2014, an approximate 11.5 percent gain...
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Weekly Preview: FOMC Minutes in Focus, Earnings Season Wanes
Friday, May 17, 2013 - 4:29pm | 2688In the upcoming week, market focus shifts back to the Fed as the FOMC minutes of the latest meeting are released. Also, Fed Chairman Ben Bernanke is set to speak as earnings season slows down, although there are still some key earnings set to be released. Key Earnings This week, the earnings...
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Chinese & German PMIs Drop in April, Raises Fears of Summer Swoon
Tuesday, April 23, 2013 - 8:01am | 489New reports overnight showed that the Chinese and German economies continued to weaken in April following disappointing data from March globally. The data raised fears of another summer swoon in the economy, which could weigh on financial markets. The Flash, or initial estimated reading of the...
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Benzinga Market Primer: Tuesday, April 23
Tuesday, April 23, 2013 - 6:43am | 985Futures Lower on Weak Chinese, German Data U.S. equity futures traded lower in pre-market trade following weak data out of China and Germany. However, European shares traded higher on hopes of an ECB rate cut. Top News In other news around the markets: The Flash Chinese HSBC Manufacturing PMI...