Durable Goods

U.S. stocks rose after Federal Reserve boss Janet Yellen appeared in the hot-seat today speaking to the Committee on Financial Services and U.S. House of Representatives. Yellen said that it is too soon to determine the extent of which cold weather played a role in a recent batch of poor economic...

Major indices moderately gained on Tuesday's shortened trading session which came in higher than expected. The strong durable goods data is yet another economic data set that confirms the economy is improving. The Fed's decision to begin tapering its $85 billion monthly bond-buying program was...

Bookings for goods meant to last at least three years rose 3.5 percent, according to the Commerce Department's report on December 24. The median estimate called for a 2 percent advance. The positive November bookings compares to a 0.7 percent drop in the prior month. Non-military bookings...

Futures Bounce On Renewed Stimulus Hopes U.S. equity futures rose in early pre-market trade on renewed hopes of monetary stimulus in the U.S. as two Fed Presidents reiterated that tapering does not equal a switch to tight monetary policy. Minnesota Fed President Naryana Kocherlakota issued an...

Next week, key economic data points will be the focus of markets as the end of quarter earnings lull comes to an end. However, a few key earnings reports are expected and could also move markets. Key Earnings Earnings from key companies next week including Lennar (NYSE: LEN), General Mills (NYSE:...

The effects of the sequestration are starting to be felt, with the Durable Goods report from the U.S. Census Bureau at the Department of Commerce reporting that new orders for manufactured durable goods in March decreased $13.1 billion, or 5.7 percent, to $216.3 billion. This decrease, down two...

Futures Higher on Global Stimulus Hopes U.S. equity futures rose in pre-market trade as investors became increasingly hopeful of more global easing following weaker than expected economic data around the world. Also, Goldman Sachs upgraded global equities to overweight from neutral overnight,...

Next week, earnings season continues as investors eye key earnings from technology behemoths Apple (NASDAQ: AAPL) and chip maker Texas Instruments (NASDAQ: TXN). Texas Instruments' earnings and guidance is considered a key indicator for the semiconductor, and the broader technology industry by...

Futures Slightly Higher Despite Euro Fears U.S. equity futures were slightly higher in early pre-market trade despite fears emanating from the eurozone over a new bailout template laid out by Cyprus. Comments from Eurogroup Finance Minister Jeroen Dijsselbloem sent markets lower Monday after he...

Futures Flat on Global Weakness U.S. equity futures were flat in pre-market trade Monday as weakness in European share spilled over into futures markets in the U.S. However, the moves come in spite of a rally in financials in Italy as Banco Monte Dei Paschi di Sienna had its capital plan approved...