US MARKET BREAKING NEWS 15 NOVEMBER 2011

1. Home Depot Reports Profit of 60 Cents a Share, Topping Forecasts of 58 Cents a Share.


2. Wal-Mart Reports Profit of 97 Cents a Share Excluding Items, vs Forecasts of 98 Cents a Share.

3. Retail Sales Rise More than Expected, Up 0.5% in Oct.; PPI Falls More than Expected, Down 0.3%, Core PPI Flat; Empire State Manufacturing Index at +0.61 in Nov.


4. Stocks slipped at the open Tuesday amid ongoing concerns over the euro zone crisis, but investors were encouraged after a handful of better-than-expected economic news.

Wal-Mart led the blue-chip index lower, while Home Depot gained.

5.  Stocks fluctuated in a thin, choppy session Tuesday as investors weighed concerns about rising Italian bond yields and euro zone debt against a handful of better-than-expected economic reports.

Most S&P sectors were trading lower, led by materials, while techs edged higher.

6.  Stocks came off their best levels but still eked out a gain in thin, choppy session Tuesday following reports that Italian Prime Minister designate Mario Monti will meet Italy's President to form the nation's next new government and after a handful of better-than-expected economic reports.

H-P ended higher, while Chevron fell.

US MARKET BREAKING NEWS

1. Stocks opened to the downside Monday as investors remained cautious over Italy's ability to implement austerity measures.

Pfizer led the blue-chip index lower, while Boeing gained. 

2. Stocks declined in thin trading Monday as investors remained on edge about Italy's ability to implement austerity measures and amid fears that the region's debt problems may spread to other euro zone nations.

All 10 S&P sectors fell, led by financials and energy.

3.  Stocks came off their worst levels Monday, but still ended lower in extremely thin trading as investors remained nervous that the euro zone's debt problems may spread to other regions.

BofA and JPMorgan were the biggest laggards on the blue-chip index. 

US MARKET BREAKING NEWS

1. Stocks gained at the open Friday as concerns over the euro zone eased amid expectations that long-standing issues in Greece and Italy could finally be tackled.

All 30 Dow components opened higher, led by Disney and Hewlett-Packard.

2.  Consumer Sentiment Better Than Expected in November, Reuters/U. of Michigan Index at 64.2

 

3. Stocks traded near session highs Friday, extending their gains for a second session, amid signs of stabilization in the euro zone and after a better-than-expected consumer report.

All 10 S&P sectors rallied, led by consumer discretionary.


4. Stocks finished sharply higher Friday, extending their gains for a second session, amid signs of stabilization in the euro zone and after a better-than-expected consumer report.
All three major averages are now in positive territory for 2011. 

US MARKET BREAKING NEWS 11 NOVEMBER 2011

1.  Jobless Claims Fall More than Expected, Down 10,000 to 390,000; Import Prices Weaker, Fall 0.6%; Trade Deficit at $43.11B.

2. Stocks rallied at the open Thursday, attempting to rebound from its worst day in almost three months, after a better-than-expected jobless claims news and following reports that the ECB is buying Italian and Spanish bonds.

All 30 Dow components opened to the upside, led by Cisco and BofA. 

3. Disney beat expectations with earnings of 59 cents a share and revenue of $10.43 billion for the fiscal fourth quarter. Shares rose in after-hours trading.

4. Stocks closed higher in thin, choppy trading Thurday as investors snapped up beaten-down sectors from the previous session's sharp selloff, but ongoing worries over the euro zone crisis limited gains.

Cisco jumped, while Apple slid. 

US MARKET BREAKING NEWS 10 NOVEMBER 2011

1. Stocks dropped sharply at the open Wednesday as a spike in Italian bond yields to a euro era record spooked investors and amid uncertainty whether a new government in Italy could tackle the nation's debt crisis.

All 30 Dow components opened lower, led by Alcoa and JPMorgan. 

2. Wholesale Inventories Fall 0.1% in September, Slightly Less than Expected.

3.Stocks came off their worst levels but were still down sharply Wednesday as a spike in Italian bond yields to a euro era record rattled investor sentiment and amid fears of a debt contagion effect in the euro zone.

All 30 Dow components were in negative territory, led by H-P and JPMorgan. 


4. The US Treasury auctioned $24 billion in 10-year notes at a high yield of 2.03 percent. The bid-to-cover ratio was 2.64.


5. Stocks accelerated their decline across the board to trade near session lows Wednesday as a spike in Italian bond yields to a euro era record rattled investor sentiment and amid fears of a debt contagion effect in the euro zone.
 

7. Stocks plunged sharply to close near session lows Wednesday as investors were rattled by fears over the euro zone crisis.

All 30 Dow components finished in negative territory, led by JPMorgan and BofA.


8. Networking giant Cisco topped Wall Street forecasts, reporting adjusted earnings of 43 cents a share on revenue of $11.3 billion for its fiscal first quarter. Shares rose in after-hours trading.

US MARKET BREAKING NEWS 9 NOVEMBER 2011

1. Stocks gained at the open Tuesday as investors looked ahead to a key parliamentary vote on public finance in Rome, which may hold the key to Italian Prime Minister Silvio Berlusconi’s future.

BofA and JPMorgan led the Dow components higher.

2. Stocks turned lower in choppy trading Tuesday, after Italian Prime Minister Silvio Berlusconi won a key budget vote, but now faces pressure from his opposition to resign.

All key S&P sectors slipped into negative territory.

3. The U.S. Treasury auctioned $32 billion in three-year notes at a high yield of 0.379%. The bid-to-cover ratio was 3.41, compared to the recent average of 3.21. A bid-to-cover of 2.0 or greater is generally viewed as a successful auction.

4. Italian Prime Minister Silvio Berlusconi is expected to resign after the vote on the nation's austerity budget for 2012, according to several reports.

5. Stocks closed near session highs in thin, volatile trading Tuesday, boosted by news Italian Prime Minister Silvio Berlusconi will resign after the parliament passes economic reforms demanded by the EU.

US MARKET BREAKING NEWS 26 OCTOBER 2011

1. Ford EPS $0.46 vs $0.44 Estimates; Sprint Nextel Loss Per Share $0.10 vs Estimated Loss of $0.22.


2. Stocks wavered in thin, volatile trading Wednesday as skepticism grew over the EU leaders' ability to reach a resolution to the region's sovereign debt problems at the summit in Brussels, overshadowing a handful of positive earnings and economic news. 


3. Broad Agreement on 9% Capital Ratio for Banks: Draft EU Leaders' Statement.


4. Boeing EPS $1.46 vs $1.10 Estimated.

5. Greek Bond Writedown of 50% Pretty Much a Done Deal: Sources.


6. Durable Goods Orders Fall 0.8% in September, Which Is Slightly Less than Expected.

7. Lower House of German Parliament Approves Motion to Strengthen EFSF.


8. Stocks opened higher Wednesday as investors grew hopeful that EU leaders could strike an agreement on a lasting plan to tackle the region's debt crisis and following a stronger-than-expected durable goods orders report.
All 30 Dow components opened higher, led by Boeing and Alcoa.


8. Stocks rebounded in volatile trading Wednesday to close near session highs as investors were encouraged over several reports that pointed to a progress in the European debt talks.
Boeing soared, while Microsoft finished lower.


9.  Visa reported earnings of $1.27 a share on revenue of $2.38 billion. Earnings beat analyst expectations but revenue fell short. Shares slipped.

 

 

 

 

 

US MARKET BREAKING NEWS 25 OCTOBER 2011

1. UPS Earnings Top Estimates, Posts 3Q EPS of $1.06 Vs. $1.05 Estimate.

2. S&P Case-Shiller's Ten of 20 Cities Covered Saw Home Prices Increase.

3.Stocks opened lower Tuesday after investors became nervous following comments from Germany's Angela Merkel ahead of Wednesday's EU summit and following a slew of mixed earnings reports.

3M tumbled, while DuPont climbed. 

4. EU Finance Ministers Meeting Tomorrow Cancelled.

5. Stocks fell Tuesday following news the EU finance ministers canceled their Wednesday meeting ahead of the summit and as investors digested a slew of mixed earnings reports and weak economic news. The full summit is still expected to take place.

6. Netflix plunged almost 35 percent.

7. Stocks plunged sharply in the final hour of trading Tuesday to close at their lows amid jitters over the euro zone's ability to find a solution to the ongoing debt crisis.

8.  Amazon shares fell more than 15% in after-hours trading after the Internet retailer missed big on earnings and delivered fourth-quarter guidance that fell short of Wall Street's expectations. 

9.The White House unveiled details of its student-relief plan, which includes capping loan payments at 10% of discretionary income, starting in 2012. It will also allow student to roll direct student loans and those guaranteed by the government into one single payment. President Obama will discuss the plan Wednesday in a speech at a university in Denver.

  

US MARKET BREAKING NEWS, 14 OCT 2011

1. Retail Sales Post Robust Gain of 1.1% in September; Import Prices Stronger at 0.3% Gain.
2. Stocks jumped at the open Friday following a better-than-expected retail sales, a strong earnings report from Google and amid optimism over the euro zone will find a solution to its debt crisis.

All Dow 30 components opened higher, led by Alcoa.

3. Stocks came off their best levels Friday as investors digested a handful of mixed economic reports, but were still higher amid optimism the euro zone would find a solution to its debt crisis.

BofA declined, while Google rallied.

4. Stocks closed near session highs Friday, with the Dow logging its best week in a month, amid optimism the euro zone would find a solution to its debt crisis.

 

The Dow and Nasdaq finished higher for the year, while the S&P logged its best weekly close since Jul. 2009. 

US MARKET BREAKING NEWS, 13 OCT 2011

1. JPMorgan Reports Quarterly Profit of $1.02 a Share vs. Consensus Estimate of 91 Cents a Share.
2. Jobless Claims Unexpectedly Fall by 1,000 to 404,000; Trade Deficit Lower than Expected in August, at $45.61 Billion.
3. Stocks opened lower Thursday after JPMorgan's less-than-stellar earnings and weaker-than-expected trade data from China left traders cautious.
4. Stocks declined Thursday, led by banks, following JPMorgan's less-than-stellar earnings and after dismal economic data from China reignited worries about a slowing global economy.
 5. Stocks came off their worst levels in a volatile session Thursday, but still closed mixed as investors remained cautious following JPMorgan earnings and a tepid Chinese economic report.

BofA lagged on the Dow, while Intel advanced.

6.  Google blew past expectations with earnings of $9.72 a share and revenue of $7.51 billion. Its shares surged more than 5 percent after-hours.

US MARKET BREAKING NEWS, 12 OCT 2011

1. Pepsico Profit $1.31 per Share Ex-Items vs $1.30 Estimated

 2.  Stocks gained at the open Wednesday as Slovakia moved to reach a deal on expanding the EFSF rescue fund and investors shrugged off a disappointing start to earnings season after Alcoa missed forecasts.

 

BofA led the Dow gainers, while Alcoa slumped. 

3. Stocks added to their gains Wednesday, led by financials, after news Slovakian politicians reached an accord to approve the EFSF expansion by Friday. Citigroup rallied, while Alcoa slumped.

 4. The Dow Jones Industrial Average rallied Wednesday to turn positive for 2011.

 5. Stocks lost steam in the final hour of trading after a report that European banks may shrink to meet higher reserve targets, but still finished higher Wednesday amid optimism that Slovakian politicians reached an agreement to approve the EFSF expansion.

 

US MARKET BREAKING NEWS,11 OCT 2011

1. Stocks opened lower Tuesday, following a sharp rally in the previous session, as investors stayed cautious ahead of a key vote in Slovakia to expand the euro zone rescue fund.

Alcoa slipped, while Apple gained.

2.  Stocks turned higher Tuesday, looking to extend the previous session's sharp rally, but investors stayed cautious ahead of a key vote in Slovakia to expand the euro zone rescue fund.

 

Alcoa gained, while Netflix declined.

 3. Stocks ended mixed after moving between small gains and losses Tuesday, as investors kept their focus on developments in the euro zone and ahead of Alcoa's results, which marks the beginning of third-quarter earnings season.

 4. Alcoa reported earnings of 15 cents a share that fell short of analysts' expectations. Revenue, however,  topped forecasts. Shares skidded after-hours.

5. The US Senate defeated President Obama's job-creation plan in a vote late Tuesday, suggesting Washington may be too paralyzed by partisan bickering to help stimulate job creation before the 2012 elections.

US MARKET BREAKING NEWS, 7 OCT 2011

1. Non-Farm Payrolls Grew More than Expected, Up by 103,000 in September; Unemployment Rate at 9.1%
2. Stocks were higher at the open Friday as investors were encouraged by a stronger-than-expected monthly government payrolls report.
 3. Stocks fluctuated Friday as ongoing worries over the euro zone financials overshadowed a stronger-than-expected government jobs report.
 4.  Despite a failed attempt at the end of Friday's session to close the session out on a positive note, stocks finished higher for the week on some tepid signs of recovery for the US economy.

 

US MARKET BREAKING NEWS, 6 OCT 2011

1. Bank of England Increases Bond-Buying by 75 Billion Pounds; Holds Rate.
2. European Central Bank Leaves Rates Unchanged at 1.5 Percent.
3. Jobless Claims Rise Less than Expected, Up 6,000 to 401,000.
4. Trichet: ECB Buying EUR40B in Covered Bonds to Improve Bank Funding, Sees Intensified Downside Risks.
5. Stocks opened to the downside Thursday following ECB's President Jean-Claude Trichet's grim economic outlook at a news conference after the bank's Governing Council left its benchmark interest rate unchanged.
6. Overseas Trading in Dexia Shares Suspended at Belgian Regulator's Request.
7. Stocks remained higher in volatile trading Thursday, led by materials, after the ECB announced new liquidity measures to support banks in the euro zone and as investors were encouraged by a jobless claims report.

BofA jumped, while ExxonMobil slipped.

8.  Stocks finished at session highs Thursday, logging a three-day rally led by financials, after the ECB announced new liquidity measures to support banks in the euro zone and as investors waited for the crucial monthly non-farm payrolls report at the end of the week.  

 

US MARKET BREAKING NEWS, 5 OCT 2011

1. US September Layoffs Biggest Over Two Years: Challenger Report
 

2. Private Sector Employment Rose More than Expected, Up 91,000 in September: ADP 

3. Stocks opened lower Wednesday, even after a better-than-expected private sector employment report and despite optimism that a solution will be found to protect European banks from the effects of Greece's crisis.

4. ISM Non-Manufacturing Index at 53.0 in September vs. 53.3 in August.


 5. Stocks were modestly higher in another volatile session Wednesday, as investors digested a handful of better-than-expected economic reports and as euro zone leaders appeared ready to support the region's struggling banks.

RIM surged, while BofA slipped.

6.  Two more UBS executives resigned following the rogue trading scandal that cost the company billions. Francois Gouws and Yassine Bouhara, the co-heads of global equities, resigned as they "assume overall responsibility for the effective management of the equities business," UBS said.

7.Software giant Microsoft is reported to be considering a bid for Yahoo. Shares of Yahoo jumped.

 

8. Stocks rallied sharply in the final minutes of trading to finish near their highs in another volatile session Wednesday, buoyed by a handful of better-than-expected economic news and amid optimism over the euro zone.

 

US MARKET BREAKING NEWS 20 September 2011

1. Housing Starts Fall More than Expected Down 5.0% to 571,000 .


2. Stocks opened to the upside Tuesday as investors waited for the outcome of a two-day meeting of the Federal Open Market Committee on interest rate policy.

3. Stocks advanced in a thin-volume session Tuesday amid optimism that Greece is going to avoid a default and as investors waited for the outcome of a two-day meeting of the FOMC on interest rate policy. Apple advanced, while Netflix slumped.

4. Stocks erased most of their gains to close mixed in a thin-volume session Tuesday, following a report that no deal has yet been reached on Greece and investors waited for the outcome of a two-day meeting of the Fed on interest rate policy.

5. Top Congressional Republicans told the Federal Reserve to refrain from further "intervention'' in the economy in a rare letter to Fed Chairman Ben Bernanke sent a day before a policy decision by the U.S. central bank.

US Market Breaking News 07/09

1.Stocks jumped at the open Wednesday, attempting to rebound from a three-day decline, following a German court ruling in favor of the country's participation in Greece bailout.

BofA and Yahoo opened sharply higher following management shakeups.

2.  Stocks extended their gains across the board Wednesday amid optimism that the euro zone crisis will ease and as investors snapped up beaten-down sectors following a sharp three-day decline. BofA jumped, while the volatility index slumped.

3. Stocks closed near session highs Wednesday to log their first gain in September amid easing worries over Europe’s debt crisis and as investors shrugged off the Fed’s Beige Book, which showed slower growth in some of the regions of the U.S.

 

US MARKET BREAKING NEWS 26/8

1.Second-Quarter Economic Growth Revised Down to 1.0%, Slightly Less than Expected; Corporate Profits Up 0.8% in 2Q.


2. Stocks opened lower Friday following a weaker-than-expected second quarter GDP report and as investors cautiously waited for Bernanke's speech at a banking conference in Jackson Hole, Wyoming.

3.Consumer Sentiment Sinks to 55.7 in August, In Line with Estimates and Better Than Earlier in the Month.


4. Bernanke Stays the Course, Says Fed To Consider Additional Tools in September.

5. Stocks gained in a choppy session Friday after Bernanke said the Fed remains ready to use additional tools to help the economic recovery, but stopped short of explicit talk of another round of monetary easing. Techs rose, while the volatility index plunged.
 

6. Stocks finished higher in a volatile session Friday after after Bernanke's speech raised hopes that the Fed may consider further stimulus measures to boost the economy during an extended policy meeting next month.

 

7. New York Orders Mandatory Evacuation of People Living in Low-Lying Areas of City.

US MARKET BREAKING NEWS 25/8

1. Jobless Claims Rise More than Expected, Up 5,000 to 417,000, Estimates Called for Decline of 3,000.


2. Berkshire Hathaway to Invest $5 Billion in Bank of America.

3. The Dow gained at the open Thursday as Berkshire Hathaway said it will invest $5 billion in Bank of America. However, Apple declined, after CEO Steve Jobs announced his resignment.

4. DAX Moves Off Session Lows After Fitch, Moody's, and S&P Reaffirm Germany's AAA Debt Rating

5. Stocks continued to slide Thursday, dragged by the European markets amid chatter that a short-selling ban may be inacted in Germany and as investors remained cautious ahead of Bernanke's Jackson Hole speech at the end of the week. 

BofA jumped, while Apple slipped.


6.  Stocks closed near session lows Thursday, reversing three days of gains, as investors remained cautious ahead of Bernanke's Jackson Hole speech on Friday. BofA rallied almost 10% and gold rebounded amid uncertainties over European markets.

US MARKET BREAKING NEWS 24/8

1. US Mortgage Applications Fall to Nearly 15-Year Low

2. Durable Goods Jump Much More than Expected, Up 4.0% in July, Analysts Expected 2.0% Increase

3. Stocks opened lower Wednesday, led by energy, as investors continued to worry over the global economy. BofA gained after Raymond James reiterated its "strong buy" rating on the firm.

4. Crude Oil Inventoreies Fell 2.2M Barrels, Gasoline Inventories Rose 1.4M Barrels; Gold Prices Down Nearly 3%

5.Google Reaches $500 Million Settlement With US Government: New York Times.

6. Stocks see-sawed between small gains and losses Wednesday as investors were encouraged by a stronger-than-expected durable goods orders report, but remained cautious ahead of Federal Reserve Chairman Ben Bernanke's Jackson Hole speech at the end of week.

7. Stocks rallied to close higher for the third session in choppy trading Wednesday, but investors remained cautious ahead of Federal Reserve Chairman Ben Bernanke's Jackson Hole speech at the end of week. BofA surged 11%, while gold settled below $1,760 an ounce.

8. Steve Jobs resigned as the CEO of Apple, the company he founded and helped turn into a tech titan. The board named Tim Cook, the company's chief operating officer, as his successor.