U.S. stocks fell Thursday.
NEW YORK (CNNMoney)
While many expect a last-minute compromise, the latest rhetoric from both sides suggests the talks are far from over.
Ahead of the opening bell, the government will release the November edition of the Consumer Price Index, its key measure of inflation. Data on November industrial production is also due Friday morning from the Federal Reserve.
U.S. stocks tumbled Thursday as uncertainty over the nation's fiscal policy trumped upbeat economic reports. U.S. stock futures were up ahead of the bell.
Shares of software firm Adobe Systems (ADBE) surged in after-hours trading Thursday, following quarterly earnings that beat expectations. Investors will also be watching UBS, after published reports indicated the bank faces a $1 billion Libor-related penalty.
Fear & Greed Index
European markets were modestly higher in morning trading, while Asian markets ended mixed. The Shanghai Composite was an outlier, adding a banner 4.3% on strong manufacturing data and rumors that state-owned enterprises were planning share buybacks.
A new analysis by a United Nations agency stated if the U.S. falls off the cliff, some Asian countries could see growth decline by up to 2.2 percentage points, with particularly negative ramifications for export-based economies like Singapore and Hong Kong.
GDP growth in China, now the world's second largest economy, could slow by nearly one percentage point in the worst-case scenario. 
First Published: December 14, 2012: 5:14 AM ET
Anda sedang membaca artikel tentang
Stocks: Countdown to the cliff
Dengan url
http://ngopingeteh.blogspot.com/2012/12/stocks-countdown-to-cliff.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Stocks: Countdown to the cliff
namun jangan lupa untuk meletakkan link
Stocks: Countdown to the cliff
sebagai sumbernya
0 komentar:
Posting Komentar