OVERNIGHT CHANGES THROUGH 6:05 AM (CT): S&P 500 +470, DOW +51Global equity markets begin the 2nd quarter on a positive note and await key US Jobs data later this morning. Shares in Asia were higher overnight, with the exception of the Nikkei, and garnered some support from Chinese factory data that showed a marginal rise in production while the inflation component was slightly under...
OVERNIGHT CHANGES THROUGH 6:05 AM (CT): S&P 500 +0, DOW +6World equity markets are on a slightly higher track as the final trading day of the first quarter winds down. The Japanese Nikkei wrapped up the first quarter down 4.6%, but that loss was reduced by an impressive 18.6% rally off the March low. There are growing pressures in Japan to expand the nuclear evacuation zone, which comes on...
OVERNIGHT CHANGES THROUGH 6:05 AM (CT): S&P 500 +630, DOW +49World stock markets are positive to start and appear to have turned focus on positive factors and away from the negatives. Hopes for a positive second quarter earnings season and ideas of favorable US jobs data later this week has supported recent gains. The Japanese Nikkei rallied over 2.0% overnight, supported by weakness in the...
OVERNIGHT CHANGES THROUGH 6:05 AM (CT): S&P 500 +170, DOW +12Global equity markets traded flat to lower during the early morning hours, as they digested the latest corporate developments, the Libyan situation and Japanese radiation uncertainty. The Japanese Nikkei was able to rebound from its worst levels overnight, helped by bargain hunting ahead of quarter-end, as well as the end of their...
OVERNIGHT CHANGES THROUGH 6:05 AM (CT): S&P 500 +260, DOW +17Equity markets continue to exhibit a measure of strength in the face of a number of negative headwinds from Japan's nuclear disaster and ongoing violence in the Middle East. Shares in Japan were fractionally lower overnight as the country experienced another tsunami and reports of greater levels of radiation from compromised nuclear...
OVERNIGHT CHANGES THROUGH 6:05 AM (CT): S&P 500 +470, DOW +75Global equity markets continued to climb overnight, supported by earnings optimism and month and quarter-end rebalancing that helped to offset negative headwinds from the Euro zone, turmoil in the Middle East and the Japanese nuclear disaster. Shares in Japan were up over 1.0% on signs of active foreign investment. Some analysts...
OVERNIGHT CHANGES THROUGH 6:05 AM (CT): S&P 500 +630, DOW +138Global equity markets traded slightly higher during the overnight and early morning hours but the markets continue to face a number of headwinds. Those headwinds seemed to turn slightly more negative as Euro Zone debt concerns re-emerged after Portugal's Prime Minister resigned following a rejection to a new austerity package....
OVERNIGHT CHANGES THROUGH 6:05 AM (CT): S&P 500 +370, DOW +13World stock markets began on the defensive overnight as a broad array of headwinds kept investors on edge. Stocks were lower in Japan as supply chain disruptions, massive earthquake damage estimates ($200-$300 billion) and high radiation levels in food/water prompted an FDA ban on some imports to the US. While it is possible that...
OVERNIGHT CHANGES THROUGH 6:05 AM (CT): S&P 500 +1500, DOW +80Global equity markets are higher to start this Monday morning, despite ongoing military action in Libya. It seems that the market has embraced new Merger and Acquisition news this morning and favorable comments from Warren Buffet suggesting that recent weakness in Japan represents a buying opportunity. It also seems that there was...
