U.S. stocks finished higher Friday as investors focused on the improved outlook for economic growth.
NEW YORK (CNNMoney)
U.S. stock futures ticked higher Monday, with the main indexes advancing by at least 0.3%.
Second-quarter earnings season kicks off with results after the bell from aluminum producer Alcoa (AA, Fortune 500).
Results are due later in the week from firms including Yum! Brands (YUM, Fortune 500), JPMorgan (JPM, Fortune 500) and Wells Fargo (WFC, Fortune 500), and investors will be looking for signs of economic growth working through into stronger revenues.
"Sales have got to start coming through," said fund manager Fiona Harris from J.P. Morgan Asset Management. "We believe the relatively sluggish U.S. sales growth could start to weigh heavily if we don't see improvement soon."
Related: Fear & Greed Index
In economic news, the Federal Reserve is set to release its monthly report on consumer credit at 3 p.m. ET.
U.S. stocks finished higher Friday following a strong monthly jobs report. Investors seemed to set aside concerns about the Federal Reserve and focused on the improved outlook for economic growth.
European markets made strong advances in morning trading. Both benchmark indexes in Germany and France were pushing ahead by 1.5%.
But Asian markets ended in the red. The Hang Seng index and the Nikkei in Japan both dropped by 1.3% and 1.4%, respectively. The Shanghai Composite index fell even further, down by 2.4%, on continuing concerns about slowing growth in China. 
First Published: July 8, 2013: 4:51 AM ET
Anda sedang membaca artikel tentang
Stocks: Buoyant ahead of earnings season
Dengan url
http://ngopingeteh.blogspot.com/2013/07/stocks-buoyant-ahead-of-earnings-season.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Stocks: Buoyant ahead of earnings season
namun jangan lupa untuk meletakkan link
Stocks: Buoyant ahead of earnings season
sebagai sumbernya
0 komentar:
Posting Komentar