NEWS FEED
EURO CDS: Cable & Wireless Worldwide ... 06/09/10 08:47 | Uncategorized
SILVER: Silver parted company from th... 06/09/10 08:34 | Uncategorized
EMU: Sep Investor Sentiment Index 7.6... 06/09/10 08:31 | Uncategorized
I-TRADERS LATEST NEWS
Last update: Friday 12th March 2010 21:30pm
Equities Close
Equities finished the day little changed with the Dow up 0.1% to 16025, the S&P unchanged at 1150 and Nasdaq flat at 2368.
Before the opening bell, Retail Sales came in better than forecast, and the S&P rallied off the news. The S&P would open the floor session moderately higher but peaked at 1153 in early trade. The majority of the day had little news and the S&P stayed in a 6-point range between 1147 and 1153 before ending the day virtually unchanged.
Half of the sectors in the S&P were positive with the 0.6% in Materials outweighing the 0.6% decline in Utilities. Aeropostale rose 4.2% after better-than-expected earnings but Schwab fell 3.5% after lowering their profit forecast.
At 8:30am Monday, the March Empire FED Index is expected at 21 from 24.9 previous. At 9am, January Net Long Term TIC Flows are forecast at $55bln from $63.3bln and Total TIC Flows are projected at $40bln from $60.9bln. At 9:15am, February Industrial Production is expected to decline 0.2% after a 0.9% increase and Capacity Utilization is forecast at 72.5% from 72.6%. At 1pm, the March NAHB Housing Market Index is projected at 16 from 17. Later in the week, the FOMC Rate Decision, Housing Starts, CPI and PPI are released.
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