US : Pre Market News – 10 Nov 2016
Thu Nov 10 2016
Julie Young (531 articles)

US : Pre Market News – 10 Nov 2016


Key U.S. news today includes: (1) weekly initial unemployment claims (expected -5,000 to 260,000, previous +7,000 to 265,000) and continuing claims (expected -1,000 to 2.025 million, previous -14,000 to 2.026 million), (2) St. Louis Fed President James Bullard (voter) speaks about the economic outlook at an event in St. Louis, (3) the Treasury’s auction of $ 15 billion of 30-year T-bonds, (4) Oct monthly budget statement (expected -$ 75.0 billion, Sep +$ 33.359 billion), (5) Fed Vice Chair Stanley Fischer meets with other central bankers from the Americas at a 2-day conference hosted by the Central bank of Chile on “Monetary Policy and Global Spillovers,” and (6) USDA weekly Export Sales.

Notable S&P 500 earnings reports today include: Macy’s (consensus $ 0.41), Kohl’s (0.70), Perrigo (1.56), Ralph Lauren (1.71), NVIDIA (0.69), Disney (1.15), Nordstrom (0.51), Michael Kors (0.88).

U.S. IPO’s scheduled to price today: none.

Equity conferences during the remainder of this week include: Robert W. Baird Global Industrial Conference on Mon-Thu, RBC Technology Internet Media and Telecommunications Conference on Wed-Thu, Wells Fargo Technology, Media & Telecom Conference on Wed-Fri, Citi Financial Technology Conference on Thu, SunTrust Robinson Humphrey Financial Technology, Business & Government Services on Thu.



Julie Young

Julie Young

Julie Young is a Senior Market Reporter and Analyst. She has been covering stock markets for many years.


Rules of Discussion on Live Index

1. This forum is for discussion of financial markets. Please respect others view even if they are contrary to you.
2. Member's comments should lead to value addition in forum discussion.
3. If anyone is found making repetitive Explicit/Abusive/Racial comments, his account shall be banned and old posts will be deleted.