Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:
Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:
1) Amazon Disappoints
1) Amazon Disappoints
Investors are getting fed up with the constant stream of losses at Amazon (AMZN, Tech30). Shares in the online retailer fell by about 10% premarket after the company reported a loss of $437 million in the last quarter, even though revenue was up 20%.
2) Market Moves
US stock futures were edging lower ahead of the start of trading after stock markets rallied the previous session.
European markets were all dipping lower in early trading. Asian markets ended mixed. The standout performer was the Nikkei in Japan, which rose by 1% after a volatile week.
3) Earnings
3) Earnings
The flow of quarterly results continues into Friday. Ford (F), Bristol-Myers (BMY), Shire (SHPG), Colgate-Palmolive (CL) and Procter & Gamble (PG) are all set to report ahead of the open.
Meanwhile, investors are pushing Microsoft (MSFT, Tech30) shares up by 3% premarket in reaction to the company's latest earnings.
4) Economics
4) Economics
The US Census Bureau will release monthly data on new home sales for September.
In the UK, preliminary data show the British economy slowed a bit in the third quarter compared to the second. GDP grew by 0.7%, which was roughly in line with expectations, and by 3% over the same period last year.
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