Stocks: Cheery mood on Thanksgiving eve

Written By limadu on Rabu, 27 November 2013 | 04.32

sp 600

Click on chart for more premarket data.

NEW YORK (CNNMoney)

U.S. stock futures were continuing to edge higher Wednesday morning.

The main indexes in the U.S. have risen by 23% to 33% so far this year thanks to an economic recovery spurred on by the U.S. Federal Reserve.

Hewlett-Packard (HPQ, Fortune 500) shares surged in premarket trading Wednesday after the firm reported quarterly earnings and sales that beat expectations after the close Tuesday.

Airline investors were staying alert Wednesday morning as they wait on a judge to rule on various issues surrounding the merger between US Airways (LCC, Fortune 500) and American Airlines (AAMRQ, Fortune 500). The ruling is expected around 10 a.m. ET.

Related: Fear & Greed Index

On the economic front, the U.S. government will release its weekly report on initial jobless claims at 8:30 a.m. ET. The report comes a day earlier than usual because of Thursday's Thanksgiving holiday.

Also at 8:30, the Census Bureau will release data on durable goods orders. At 9:55, the University of Michigan and Thomson Reuters will release their consumer sentiment index.

Related: No tech bubble here

U.S. stocks finished slightly higher Tuesday, continuing to set new records. The Nasdaq index, which is dominated by tech stocks, closed above 4,000 for the first time in 13 years.

European markets were pushing higher in morning trading, in part due to agreement on a new coalition government in Germany led by Chancellor Angela Merkel.

Related: Europe's golden visas lure rich Chinese

Asian markets ended with mixed results. Chinese indexes posted modest gains while Japan's benchmark Nikkei lost 0.4%.

Tensions in the region are rising after China announced the creation of a controversial new air defense zone. Both the United States and its close ally, Japan, refuse to recognize the zone. To top of page

First Published: November 27, 2013: 5:29 AM ET


Anda sedang membaca artikel tentang

Stocks: Cheery mood on Thanksgiving eve

Dengan url

https://ponselkuirit.blogspot.com/2013/11/stocks-cheery-mood-on-thanksgiving-eve.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Stocks: Cheery mood on Thanksgiving eve

namun jangan lupa untuk meletakkan link

Stocks: Cheery mood on Thanksgiving eve

sebagai sumbernya

0 komentar:

Posting Komentar

techieblogger.com Techie Blogger Techie Blogger