Markets are dipping again on Tuesday following a negative start to the week.
Markets are dipping again on Tuesday following a negative start to the week.
It's Monday. New week of trading is ahead.
It's a very important day for the U.S. economy and global financial markets.
Earnings continue to dominate the market agenda on Thursday.
U.S. stock futures set to positive open.
Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:
1. Stock market movers
Takata shares closed another 25% lower in Tokyo. Mitsubishi and Mazda (MZDAF) are reportedly considering severing their relationships with the airbag maker. The reports come a day after Honda said none of its new models under development would use Takata (TKTDY) airbag inflators.
Facebook (FB, Tech30) posted an attractive 11% earnings boost. It announced that most people are now using Facebook on their mobile phones, cementing its domination of the coveted mobile market. Its stock is up more than 4% in premarket trading.
Qualcomm (QCOM, Tech30) is suffering premarket with its shares down 6%. It posted better than expected results Wednesday, but investors were shaken after it announced a weak outlook for the current quarter and said it would no longer issue guidance about its annual earnings.
Whole Foods (WFM) reported its same-store sales were negative last quarter, sending its stock down 6% in premarket.
Adidas (ADDDF) shares are popping 5% in Germany. On Thursday it posted positive third quarter results, sales and earnings were up in almost all global markets and the sportswear company has raised its full year guidance.
2. Earnings
AstraZeneca (AZN), Crocs (CROX), Ralph Lauren (RL), Martha Stewart (MSO), Time (TIME) and tech firm Symantec (SYMC) are posting earnings before the bell. After the close, Dreamworks Animation (DWA DREAMWORKS), Walt Disney (DIS) , TripAdvisor (TRIP), Weight Watchers (WEIGHT WATCHERS WEIGHT WATCHERS), Kraft Heinz (KHC), and Shake Shack (SHAK) will report.
Investors will want to see if Oprah Winfrey's backing of Weight Watchers (WEIGHT WATCHERS) is paying off. The media mogul has already done well from the deal -- she gained around $72 million in the 36 hours after buying 10% of the company as its shares surged.
Ralph Lauren's earnings mark the end of an era. Founder Ralph Lauren announced in September that he would step down as CEO. Former Old Navy President, Stefan Larsson took over as CEO this month.
3. Economics
On Wednesday Federal Reserve Chair Janet Yellen suggested interest rates could go up in December but said they would likely rise slowly from then on.
Weekly U.S. unemployment data is out at 8:30 a.m., a day ahead of the government's monthly jobs report.
4. Markets overview and recap
European markets are down in early trading, while Asian markets ended mixed with the Nikkei and Shanghai Composite ending with strong gains. On Wednesday, the Dow Jones industrial average shed 0.3%, while the S&P 500 was down 0.4% and the Nasdaq dropped 0.1%.
Ask us about our FREE financial advice program:
Other Top Stories:
Technical Analysis Lesson 1 - Introduction
How I Made Over $30,000 a Year by Investing in Binary Options
Follow us and SHARE this story on Facebook:
Car-related topics are being watched today, from scandal fallout through luxury brands to the price of oil.
U.S. stock futures are edging higher, and global markets are firm.
Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:
1. Volkswagen crashing
Volkswagen (VLKAY) shares are plunging again, this time after the company said it had understated CO2 emissions and fuel usage for about 800,000 vehicles. It said most, but not all, of the cars affected have diesel engines. That news broke the day after VW disputed a claim by U.S. regulators that the diesel emissions scandal had spread to some Porsche Cayenne models.
Takata (TKTDY) shares closed down over 13% after Honda (HMC) announced it was dumping its longtime supplier over its deadly airbags. Takata is also facing fines of as much as $200 million in the U.S. over the exploding airbags.
Bucking the trend, Hyundai (HYMTF) closed higher in Korea after the car maker announced it is launching a global luxury brand called Genesis.
2. More market movers
Japan Post Holdings surged 26% after its mega IPO, which also saw its banking and insurance subsidiaries go public. It helped Japan's Nikkei index rise over 1%.
In London, Burberry (BBRYF) shares are up after it announced it is combining its brands under a single Burberry label. It also announced it's investing $77 million in a new factory for its trademark trench coats.
Tesla (TSLA) shares shot up more than 11% in after-hours trading. The electric car company reported revenue below expectations but said there is "growing demand" for energy-storing batteries and its vehicles. CEO Elon Musk said the company is poised for a banner year in 2016.
3. Earnings
Allergan (AGN), 21st Century Fox (FOX), Sodastream (SODA), Wendy's (WEN) and CNN's parent company, Time Warner (TWX), report before the bell.
After the close Facebook (FB, Tech30), King Digital (KING), BlackRock (BLK), Qualcomm (QCOM, Tech30), Whole Foods (WFM) and cyber security firms AVG Tech (AVG) and FireEye (FEYE) will post their earnings.
4. Economics
Markets will be keeping a close eye on oil prices as U.S. crude inventory data will be published at 10.30 a.m. Last week inventories increased more than analysts predicted.
The ADP will post its non-farm private employment report for October.
Ask us about our FREE financial advice program:
Other Top Stories:
Technical Analysis Lesson 1 - Introduction
How I Made Over $30,000 a Year by Investing in Binary Options
Follow us and SHARE this story on Facebook:
There's a lot of earnings out Tuesday.
Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:
1. Earnings
Kellogg (K), Office Depot (ODP), Sprint (S) and TransCanada (TRP) are among companies reporting ahead of the market open.
Another batch after the closing bell will include Tesla (TSLA), CBS (CBS), Groupon (GRPN), Cablevision (CVC), Denny's (DENN), Herbalife (HLF) and Etsy (ETSY).
2. Market movers
Shares in the global bank Standard Chartered are dropping by about 7% in London after announcing Tuesday that it is cutting 15,000 jobs after posting a surprise loss in the third quarter.
The bank is asking investors for another $5.1 billion that it plans to spend on technology infrastructure and other strategic opportunities.
Shares in Activision (ATVI, Tech30) are rising almost 3% in premarket after it announced it is buying Candy Crush maker King Digital (KING) for $5.9 billion.
Activision is best known for producing traditional video games like Guitar Hero and Call of Duty. Shares in King surged Monday as investors anticipated a takeover.
UBS (UBS) shares are down about 4% in Europe after the Swiss bank posted its latest earnings. Third quarter numbers beat expectations but the Swiss bank said it expected a key measure of profitability to be weaker next year than previously forecast.
3. Focus on cars
Volkswagen (VLKAY) shares are falling almost 3% after regulators suggested the emissions scandal extends to the Porsche Cayenne model.
Porsche is part of the Volkswagen Group, which also includes Audi. VW disputed the regulators' claim.
Later today car companies will be publishing their October vehicle sales numbers in the U.S.
4. Stock market overview
Investors can't seem to decide whether they want to buy or sell.
U.S. stock futures are dipping in the red, though the move down is minor.
European markets are quiet in early trading, while most Asian markets ended with gains.
On Monday the Dow Jones industrial average turned positive for the year after rallying 165 points, closing 0.9% higher. The S&P 500 added 1.2% and the Nasdaq gained 1.5%.
Ask us about our FREE financial advice program:
Other Top Stories:
Technical Analysis Lesson 1 - Introduction
How I Made Over $30,000 a Year by Investing in Binary Options
Follow us and SHARE this story on Facebook: