US : Pre Market News – 10 Nov 2016
Thu Nov 10 2016
Julie Young (526 articles)

US : Pre Market News – 10 Nov 2016

NEW YORK :

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.

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