Closing Bell August 14 - Business Insider
Associated Press European shares pared their losses and turned higher on Thursday with the easing of geopolitical tensions in Ukraine helping investor sentiment. CNBC38 mins ago SeaWorld shares are crashing, having fallen as... Business Insider Here are 6 ways to get back into the black faster. MarketWatch With their lower expenses and tax advantages, exchange-traded funds can outpace mutual funds. Unfortunately, many investors get lower returns with ETFs.
The euro held steady at $1.3364 , though it could come under pressure if growth and inflation figures later in the day prove soft. In commodity markets, worries about Chinese demand sent copper to a seven-week low below $6,874 per metric tons (7577 tons) . Spot gold, in contrast, found support from the outlook for loose monetary policy and edged up to $1,311.40 an ounce . Prices for Brent crude oil touched a 13-month trough at $102.37 a barrel before steadying at $103.99. U.S.
Commodity Prices, Bond Yields Send Warnings Signals - Yahoo News
Worries about Russian involvement in Ukraine and Europe's economic slowdown have weighed on sentiment during that time, but investors used the weakness to amass airlines, biotechs and solar-energy stocks. There are also several positive headlines today: Coca-Cola agreed to buy a 17 percent stake in Monster Beverage, driving MNST up by 22 percent in early trading. Gannett is also up 3 percent after Carl Icahn also bought a stake in the media company. Software maker Autodesk raised full-year guidance and is up 4 percent. Applied Materials rose 3 percent after earnings beat and its forecast exceeded consensus.
Asia shares up as investors bank on more stimulus - Yahoo News
This was more than the 295,000 that had been expected by economists, and this report brings the four-week moving average of claims up slightly to 295,750. Following the report, TD Securities' Millan Mulraine said, "This sharp rise in the level of initial claims is largely noise and is nothing more than a giveback from the surprising weakness in previous weeks resulting from the lower than expected level of auto retooling shutdown." 2. Overnight, we got second quarter GDP data from the Eurozone, which showed growth in the economic bloc was flat compared to the first quarter."The poor figure is chiefly driven by downside surprises in Italy, France, and Germany , which all failed to grow in the second quarter," noted Pantheon Macroeconomics' Claus Vistesen. "On an annualized basis, eurozone growth is now running at a disappointing 0.4% in the first half of this year." Following the report, the yield on the German 10-year bond fell below 1% what to buy today for the first time in history. 3.
Stocks continue higher on positive news flow - Yahoo Finance
One gets the sense that the market, if you look at it holistically, is confused about where it should go next. Stocks suggest things are improving; commodities and Treasury bonds say otherwise. No wonder, with a heavy calendar of Fed-related events next week including the release of the July Fed meeting minutes and Chairman Janet Yellen's statement at the Kansa City Fed's Jackson Hole annual symposium. There should be plenty of Fed-related headlines about the timing of that first interest rate hike in the days to come -- which, given the fact we haven't had a rate hike since 2006, is enough to make anyone a little nervous. And of course, a Russian push into Eastern Ukraine remains a risk as well.