Stocks: 5 things to know before the open

Written By limadu on Kamis, 21 Agustus 2014 | 17.42

S&P futures 2014 08 21 Click chart for in-depth premarket data.

LONDON (CNNMoney)

Here are the five things you need to know before the opening bell rings in New York:

1. More record highs? U.S. stock futures were edging higher and European markets were gaining ground in early trading. Manufacturing data in China provided a negative surprise, but preliminary August purchasing managers' surveys in Europe were slightly better than expected. Asian markets were mixed.

The S&P 500 is within spitting distance of the intraday high set on July 24 when it touched 1991.39.

The Dow Jones Industrial Average is also not too far from its record high of 17138.20, which it hit in mid-July.

The CNNMoney Fear & Greed index shows investors becoming less fearful.

2. Central bankers: Markets are waiting for the start of the Jackson Hole Economic Policy Symposium, which kicks off later today. The annual event brings together central bankers, policy experts and academics to discuss important economic issues, and this year's focus will be on labor market trends.

Federal Reserve Chair Janet Yellen delivers her keynote speech Friday. Any surprise statements by the Fed chair tend to move markets dramatically as people reset their expectations for interest rates and monetary policy.

Related: Fear & Greed Index

3. UPS data breach: Watch shares in UPS (UPS) Thursday after the company reported a data breach at 51 of its U.S. stores. The delivery company said customers' names, postal addresses, email addresses and payment card information may have been compromised between January and August.

UPS said it was alerted to the data breach by government sources, along with "many other U.S. retailers."

4. Expect earnings and economic data: Dollar Tree (DLTR) and Hormel Foods (HRL), the maker of Spam, will report earnings before the opening bell.

Salesforce (CRM, Tech30) and Intuit (INTU) will report after the close, as well as retailers Aeropostale (ARO), Gap (GPS) and New York & Co (NWY).

The U.S. government will report weekly jobless claims at 8:30 a.m. ET. Data on existing home sales in July will be posted at 10 a.m. ET.

Related: CNNMoney's Tech30

5. Wednesday market recap: U.S. stocks closed mixed Wednesday. The Dow Jones Industrial Average gained 60 points and the S&P 500 closed 0.3% higher. The Nasdaq finished just about where it started, ever so slightly in the red.

First Published: August 21, 2014: 5:09 AM ET


Anda sedang membaca artikel tentang

Stocks: 5 things to know before the open

Dengan url

http://ngopingeteh.blogspot.com/2014/08/stocks-5-things-to-know-before-open_21.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Stocks: 5 things to know before the open

namun jangan lupa untuk meletakkan link

Stocks: 5 things to know before the open

sebagai sumbernya

0 komentar:

Posting Komentar

techieblogger.com Techie Blogger Techie Blogger