Click chart for in-depth premarket data. LONDON (CNNMoney)
Here are the four things you need to know ahead of the opening bell:
1. Stocks take a hit, oil and gold prices strengthen: U.S. stock futures were in negative territory and all the key European stock markets were lower Monday as the crisis in Ukraine and fighting in Iraq dominated the news. Prices for gold and oil were higher.
The Ukrainian crisis has come to the fore again after Russia said it will cut off gas exports to Ukraine. The price of natural gas was up by around 1%.
Meanwhile, oil prices were on the rise as militants extended their control in Iraq.
"Pictures of atrocities in Iraq, the breakdown of talks between Ukraine and [Russia's state-owned gas supplier] Gazprom, even scandal within the Polish central bank ... it all makes for a risk averse start to the week," said Kit Juckes, a strategist at Societe Generale.
2. Potential market movers -- Starbucks, Medtronic, Covidien: Starbucks (SBUX) shares were lower by roughly 2% in premarket trading. The company announced Sunday night that it will begin paying up to $30,000 per employee for college courses.
Medtronic (MDT) shares will be in focus after the company announced it will buy Ireland-based Covidien for $42.9 billion.
Related: Fear & Greed Index
3. Economic data: The U.S. Federal Reserve will release its monthly industrial production report at 9:15 a.m. ET.
At 10 a.m., the National Association of Home Builders will release its housing market index for June.
The Federal Reserve will discuss monetary policy on Tuesday and Wednesday. The meeting will be closely watched by investors.
Related: CNNMoney's Tech30
4. Friday trading recap: U.S. stocks closed higher Friday. The Dow, S&P 500 and Nasdaq all made modest gains.
First Published: June 16, 2014: 5:08 AM ET
Anda sedang membaca artikel tentang
Stocks: 4 things to know before the open
Dengan url
http://ngopingeteh.blogspot.com/2014/06/stocks-4-things-to-know-before-open_16.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Stocks: 4 things to know before the open
namun jangan lupa untuk meletakkan link
Stocks: 4 things to know before the open
sebagai sumbernya
0 komentar:
Posting Komentar