CNBC U.S. stock index futures added to gains Wednesday, following a better-than-expected GDP report and after a higher-than-expected take up of the ECB’s second long-term refinancing operation. European banks bought 529.5 billion euros ($713 billion) …
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Yahoo Stock futures have pulled back in response to the advanced reading on fourth quarter GDP. Data showed economic growth of 2.8%, which is less than the 3.2% clip that had been widely expected to …
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Bespoke The S&P 500’s 22.86 point gain today put the index above the 1,230 key resistance level that it had been struggling to break above for the past few weeks. As shown below, the index now has …
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Next Week’s Tape: Hoping for Hiring (WSJ) Monday Eurozone manufacturing PMI for September ISM manufacturing for September September auto sales Construction spending for August Tuesday Fed Governor Sarah Bloom Raskin speaks Fed Chairman Ben Bernanke …
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Here’s a roundup of some macroeconomic bloggers discussing their disappointment in Operation Twist and Fed policy in general as not being nearly aggressive enough for the situation at hand: The Money Illusion Memo to …
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Tomorrow’s Tape: This Is a Call Economics: 7:00 a.m. ET: We get MBA mortgage-application data for the week. Perhaps dozens of Americans qualified for mortgages last week. 8:30 a.m.: We get retail sales data for …
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This seems like it will be a make or break type week for world markets as everyone will be looking to Europe for any type clarity on the debt and banking situations there. In the …
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WSJ Economics: 8:30 a.m. ET: Weekly jobless claims are due. Economists think claims stayed right at 400,000, where they were last week. Lack of imagination. 8:30 a.m.: International trade data for June are due. This …
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WSJ Economics: 8:30 a.m. ET: We get weekly jobless claims, which are expected to stay stubbornly above 400,000. 8:30 a.m.: A busy Labor Department also releases producer prices for June. They’re expected to fall, thanks …
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Expect to see a lot of discussion in the media on the disappointing jobs number over this weekend. There are a few schools of thought on what it means for the markets. One of the …
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