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) Get Ready for GDP
1) Get Ready for GDP
At 8:30am ET, the US Bureau of Economic Analysis will release its first official reading of gross domestic product for the third quarter.
It's widely expected the economy grew by 3%, which would be solid, but not great.
Keep in mind, the first estimates for quarterly GDP tend to be a little off. The numbers aren't set in stone and will eventually be revised.
Also at 8:30, the Department of Labor will post data on weekly jobless claims.
2) Market Moves
2) Market Moves
US stock futures are not moving too much from their Wednesday closing levels.
One stand-out performer ahead of the open is Visa (V). Shares are pushing up by about 4% premarket after the company reported quarterly earnings that beat estimates.
3) Earnings
3) Earnings
The New York Times (NYT), MasterCard (MA) and Kellogg (K) are set to report earnings before the opening bell.
LinkedIn (LNKD, Tech30), GoPro (GPRO), Groupon (GRPN) and Starbucks (SBUX) will report after the close.
4) International Markets Overview
4) International Markets Overview
European markets are mixed in early trading. The banking sector is looking particularly weak, especially among those banks that recently failed a regulatory health check.
Investors are watching various European economic figures coming in on unemployment, inflation and consumer confidence.
Asian markets were also muddled.
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