Intel (INTC) rocked the markets last night after it missed on earnings ($0.10 vs street $0.20), missed on sales ($14.0B vs street $14.5B), and forecast a $0.15 per share loss for Q1. Management blamed its struggles on customers reducing demand
US traders return from their long weekend today to find equities down slightly and commodity action mixed. US index futures are all down about 0.2%, while in Europe, the Dax is flat and the FTSE is down 0.3%. The US
Building on a constructive Tuesday, where US indices shrugged off early softness and gained in strength through the day to finish up 0.5% to 1.0%, US index futures are all up about 0.2%, continuing their New Year’s Rally. Overseas markets
US index futures are down 0.3%-0.4% this morning giving back some of yesterday’s 0.4%-0.8% gains, dragged downward by mixed employment news. At the national level, the news has been positive with ADP private sector payrolls (235K vs street 150K) and
US index futures have exploded to the upside this morning in the minutes following the release of a better than expected US inflation numbers for both the Consumer Price Index (7.1% vs street 7.3% and previous 7.7%), and Core CPI
US index futures had been building on yesterday’s gains but have turned downward in the last few minutes following the release of US producer price inflation numbers that did not ease as much as hoped, keeping hawkish pressure on the
US index futures have rallied on another improved US inflation report, gaining 1.1% to 2.8% with the NASDAQ leading the charge upward. The US 10-year treasury yield has dropped back toward 3.8% and the US Dollar is backsliding again, losing
US index futures have gone into rally mode after today’s US Consumer Price Index report indicated easing inflation pressures. Both headline CPI (7.7% vs street 8.0% and previous 8.2%) and core CPI (6.3% vs street 6.5% and previous 6.6%) declined
US indices have dropped off a cliff this morning after the US Consumer Price Index came in higher than expected (8.2% vs street 8.1%), which keeps pressure on the Fed to continue raising interest rates. Prior to the announcement, US
US index futures have turned sharply downward this morning dropping 0.8% to 1.2% in the minutes following a hotter than expected US consumer price inflation report. Headline CPI came right down the middle at 8.3%, which was higher than the