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Domestic
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Next week focus is on Citi, Google, ‘fiscal cliff’
Quarterly earnings reports ramp up in the coming week but investors care more about what companies are planning for the remainder of the year and Congressional deadlock as tax increases and budget cuts loom.
Quarterly earnings reports ramp up in the coming week but investors care more about what companies are planning for the remainder of the year and Congressional deadlock as tax increases and budget cuts loom.
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International
Chart:
China data brings relief for Asia stocks
Asia stocks move higher in a choppy session, as investors absorb a slew of Chinese data, including figures showing the nation’s economy grew in line with expectations during the second quarter of 2012.
Asia stocks move higher in a choppy session, as investors absorb a slew of Chinese data, including figures showing the nation’s economy grew in line with expectations during the second quarter of 2012.
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Commodities
Chart:
Oil futures rise on China relief, equity gains
Oil futures are buoyed as second-quarter GDP data show China’s economy slowed in line with forecasts.
Oil futures are buoyed as second-quarter GDP data show China’s economy slowed in line with forecasts.
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Treasury Securities
Chart:
Note: Number shown is option price. To find yield, move decimal point one place to the left.
Treasurys fall for first day in seven
Treasury prices slip for the first day in seven, nudging yields away from the all-time lows they approached during the rally.
Treasury prices slip for the first day in seven, nudging yields away from the all-time lows they approached during the rally.
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