S&P Cuts Exxon’s ‘AAA’ Credit Rating @FoxBusiness
http://www.foxbusiness.com/markets/2016/04/26/s-p-cuts-exxons-aaa-credit-rating.html
New York Times to shut some Paris operations, cut jobs
http://www.reuters.com/article/us-new-york-times-redundancies-idUSKCN0XN1U0
Exclusive: Brazil’s Temer to overhaul economy, central bank to rescue confidence
http://www.reuters.com/article/us-brazil-politics-exclusive-idUSKCN0XN2EV
Weak U.S. factory, consumer confidence data cloud growth outlook
http://www.reuters.com/article/us-usa-economy-durable-idUSKCN0XN1IC
U.S. economy seen growing 0.4 percent in first quarter: Atlanta Fed
http://www.reuters.com/article/us-usa-economy-atlantafed-idUSKCN0XN1YY
The Closing Look
Stocks were relatively quiet on Tuesday as the Fed began its two day meeting and investors digested the latest round of mixed earnings and economic data. U.S. durable goods orders rose +0.8% in March, missing estimates for a gain of +1.6%. Consumer confidence fell to 94.1, and missed estimates for 96. The PMI Service Flash index…
The Morning Look
Stock Market Overview: Futures are lower ahead of Wednesday’s open and today’s Fed meeting Remember, we are in the heart of earnings season with approximately 35% of S&P 500 stocks are expected to release earnings this week. The first look at Q1 2016 GDP will be released on Thursday. Gary’s Thoughts: Apple not helping QQQ…
The Morning Look
Stock Market Overview: Futures are up ahead of Tuesday’s open and yesterday’s late reversal as investors wait for the latest round of earnings data to be released. 35% of S&P 500 stocks are expected to release earnings this week. Plus the Fed is scheduled to meet on Wednesday and GDP will be released on Thursday. Gary’s Thoughts: Earnings…
Listen To Monday’s Investor’s Edge Radio Show: Stoolander Edition 04/25/2016
Highlights: Market Wrap Gary Talks Sectors and Tells You Potential Areas For Near Term Highs Gary Talks Earnings and Central Bank Madness
The Closing Look
Stocks opened lower on Monday as investors wait for a busy week of “data.” On Wednesday, the Fed will conclude its latest two day meeting, on Thursday U.S. GDP will be announced and the Bank of Japan (Japan’s Central Bank) will conclude its latest policy meeting. Plus, it will be another busy week for corporate earnings. Overnight,…