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Market Wrap: Stocks End Flat, but Tesla Shares Sag After Hours
Tuesday, November 5, 2013 - 6:17pm | 2032Read More...Stocks ended Tuesday basically flat, as investors started to focus on economic realities. But the market could see some volatility Wenesday after parts of Tesla Motor's (NASDAQ: TSLA) third-quarter results disappointed investors. Shares were off sharply after hours. Keeping the market in check...
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Market Wrap: New Highs for Airlines, Boeing Boost Stocks
Monday, November 4, 2013 - 6:16pm | 877Read More...Stocks moved modestly higher on Monday for a second day in a row. The gains came despite a steep losses suffered by shares of mobile phone maker BlackBerry (NASDAQ: BBRY) and Kellogg (NYSE: K [FREE Stock Trend Analysis]) announcement it will cut seven percent of its workforce over the next...
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Benzinga Market Primer Friday, August 16
Friday, August 16, 2013 - 6:48am | 971Read More...Futures Higher After Tapering Sell-Off U.S. equity futures rose in early Friday trade after a sell-off on Thursday driven by fears that the Federal Reserve will begin reeling in its asset purchases in September. Also, weak sales guidance from Cisco (NASDAQ: CSCO) and Wal-Mart (NYSE: WMT)...
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Benzinga Market Primer: Wednesday, August 14: Futures Lower As Eurozone Escapes Recession
Wednesday, August 14, 2013 - 6:33am | 1178Read More...Futures Lower As Eurozone Escapes Recession U.S. equity futures dropped in early Wednesday trade despite a new report from Europe showing that the eurozone has finally escaped the longest recession in the currency bloc's history. Also, a strong employment report in the U.K. boosted confidence that...
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Benzinga Market Wrap for Thursday, August 1: Record Highs!
Thursday, August 1, 2013 - 4:59pm | 757Read More...The U.S. stock market surged higher Thursday on strong global economic data. China, the Eurozone, and United States all beat analyst estimates. Bullish news came from several automakers who reported their vehicle sales today. Ford (NYSE: F), General Motors (NYSE: GM), Chrysler and Nissan (OTC:...
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Benzinga Market Primer: Thursday, August 1: Futures Up On Europe and Asia
Thursday, August 1, 2013 - 6:57am | 1108Read More...Futures Higher on Economic Data U.S. equity futures are significantly up in early pre-market trade based on strong Asian and European PMI data. In addition, the Bank of England and European Central Bank are expected to reaffirm a policy of easing Thursday morning. Top News Eurozone...
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IMF Tells Draghi to Cut Rates
Thursday, July 25, 2013 - 3:33pm | 550Read More...The International Monetary Fund issued its assessment of the eurozone Thursday morning and concluded that, although leaders have done a lot to fight the continent-wide recession, more could be done to boost growth and unemployment. The region, which together is the largest economy in the world,...
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The 10 Best Financial Tweets For Thursday, July 25
Thursday, July 25, 2013 - 1:37pm | 1451Read More...There are millions of tweets written every day. Benzinga sifts through the maelstrom of information to find the ten best tweets of the day that are either informative, insightful, or just down right comical. 1. Carl Icahn Carl Icahn (@Carl_C_Icahn) took to Twitter to tweet his displeasure...
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Benzinga Market Primer: Friday, July 12
Friday, July 12, 2013 - 6:47am | 1071Read More...Futures Lower On Portugal Fears, Bank Earnings In Focus U.S. equity futures traded lower on renewed fears that Portugal could be the first nation to leave the eurozone after the recent political crisis has put in doubt the nation's attempts to meet its bailout goals. Meanwhile, key bank earnings...
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Benzinga Market Primer: Wednesday, July 10: FOMC Minutes In Focus
Wednesday, July 10, 2013 - 6:25am | 1069Read More...Futures Lower On Weak China Trade Data, Eyeing FOMC Minutes U.S. equity futures dropped slightly in early pre-market trade following some weak trade data from China for June. The world's second largest economy reported slower than expected growth in both exports and imports but a wider than...
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Service PMI Round-Up: China, Eurozone Disappoint as Britain Improves
Wednesday, July 3, 2013 - 11:12am | 499Read More...Global service PMIs were released overnight with weakness in China and the eurozone weighing on markets around the world. A slower pace of expansion in China's service sector increased fears of a China hard landing while a weaker than expected reading in the eurozone coupled with a flare up of...
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Welcome Back to the European Debt Crisis
Wednesday, July 3, 2013 - 10:59am | 850Read More...Greece's government is failing to make the cuts to get its next bailout payment. A key Italian politician faces jail time for having sex with and refusing to pay an underage prostitute. Portugal's government is on the verge of collapsing, risking the sustainability of its bailout reforms. And...
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Benzinga Market Primer: Monday, July 1
Monday, July 1, 2013 - 6:34am | 1076Read More...Futures Rise Despite Weak China Data U.S. equity futures rose in early pre-market trade despite weak manufacturing data out of China. The official manufacturing PMI fell to a four-month low of 50.1 in June from 50.8 in May, in line with expectations. However, the HSBC manufacturing PMI, which...
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Eurozone Economy Continues to Improve Modestly as German Manufacturing Drops, Spanish Bond Auction Spooks Markets
Thursday, June 20, 2013 - 11:01am | 655Read More...Europe had a busy day on the economic calendar Thursday with many market moving events adding to already negative sentiment emanating out of the U.S. and Asia. Better than expected manufacturing and services PMIs from the broad eurozone were offset by manufacturing weakness in Germany while a...
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Benzinga Market Primer: Wednesday, June 12
Wednesday, June 12, 2013 - 6:24am | 900Read More...Futures Rally as Risk Appetite Returns U.S. equity futures rose in early pre-market as better than expected economic data from the eurozone sparked a risk rally.The yen weakened, the Australian dollar bounced back, and equity futures rose in what appears to be a return to risk. Top News In other...
















