Click on chart to track markets
NEW YORK (CNNMoney)
U.S. stock futures were flat ahead of the opening bell. Volume is expected to be light.
No major corporate results are due, though the Institute for Supply Management will release its monthly manufacturing index at 10 a.m. ET, and the Census Bureau will publish data on construction spending.
U.S. stocks wrapped up a stellar first quarter Thursday, with the S&P 500 finishing at a new high. U.S. markets were closed on Good Friday.
"We're coming off a great first quarter," said Art Hogan, managing director at Lazard Capital Markets, adding that "volume will most likely be light" on the Monday following Easter.
Thin trading could result in volatility, he said, even if there are no major news events.
"A light volume tends to find exaggerated moves," said Logan, noting that one major play could move the markets.
Related: Fear & Greed Index gets greedy
China released data Monday that indicated an acceleration in manufacturing activity. Separately, Beijing and Shanghai announced new measures designed to cool housing prices.
The Nikkei dropped 2.1% while the Shanghai Composite declined 0.1%.
Markets in London, Frankfurt, Paris and Hong Kong were closed Monday for an extended Easter holiday.
"We come into a day where we're the only game in town," said Hogan.
First Published: April 1, 2013: 6:07 AM ET
Anda sedang membaca artikel tentang
Stocks: Starting from a peak
Dengan url
https://ponselkuirit.blogspot.com/2013/04/stocks-starting-from-peak.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Stocks: Starting from a peak
namun jangan lupa untuk meletakkan link
sebagai sumbernya
0 komentar:
Posting Komentar