EmailStock Market Update
Market Snapshot
| Dow | (%) | ||
| Nasdaq | (%) | ||
| SP 500 | (%) | ||
| 10-yr Note | +5/32 | 1.834 | |
| NYSE | Adv | Dec | Vol |
| Nasdaq | Adv | Dec | Vol |
Industry Watch
| Strong: Technology, Energy |
| Weak: Materials, Telecom Services, Industrials, Utilities |
Moving the Market
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Dow component Boeing (BA) under pressure as two Japanese carriers suspend 787 Dreamliner flights World Bank cuts 2013 global GDP forecast to 2.4% from 3.0% Goldman Sachs, JPMorgan and other banks beat earnings estimates, but financial sector slow to respond Apple heads higher following bullish remarks from analyst who in September called for retreat to sub-$500 level |
Futures Pointing Lower
15-Jan-13 09:17 ET
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: -6.80. Nasdaq futures vs fair value: -12.00. Heading into the open, equity futures are pointing to a lower start. The S&P 500 futures are off by 0.4% following a disappointing GDP report from Germany, which revealed fourth quarter contraction of 0.5%. In addition, the full-year reading registered growth of 0.7%, while the general consensus expected growth to reach 0.8%.
Looking at pre-market movers, Forest Laboratories (FRX 36.00, -1.59) is shedding 4.2% after its third quarter earnings and revenue fell short of the Capital IQ consensus. In addition, the drug manufacturer issued in-line full-year earnings and revenue guidance.
Lululemon Athletica (LULU 67.75, -4.55) is down 6.3% after issuing guidance at the high-end of the previous range. However, the forecast remains below the consensus estimate.
November business inventories will be released at 10:00 ET.
Looking at pre-market movers, Forest Laboratories (FRX 36.00, -1.59) is shedding 4.2% after its third quarter earnings and revenue fell short of the Capital IQ consensus. In addition, the drug manufacturer issued in-line full-year earnings and revenue guidance.
Lululemon Athletica (LULU 67.75, -4.55) is down 6.3% after issuing guidance at the high-end of the previous range. However, the forecast remains below the consensus estimate.
November business inventories will be released at 10:00 ET.
