Week Ahead Market Report: 7/5/2011 Tuesday, July 5, 12:04 PM ET
Investors start off the trading session this Monday morning fretting about the the deal to raise the debt ceiling which is likely to lead to huge spending cuts as well as some targeted tax hikes.
Good morning, I'm Kristin Bianco, with the Week Ahead Market Report for July 5, 2011.
In overseas trading, Japans Nikkei 225 Stock Average was about flat, and the Hang Seng Index was lower by about a tenth of a percent.
The FTSE 100 was about even, and the German DAX was as well.
In the US, the markets are all flat in early trading action.
Key data due to be released this week includes the MBA Mortgage Index on Wednesday, crude inventories on Thursday, and wholesale inventories on Friday.
On the earnings front, expect to hear from Life Partners Holdings (
LPHI) on Wednesday, Hi Tech Pharmacal on Thursday ( HITK) and Oilsands Quest ( BQI), and PriceSmart (NASDAQ: PSMT) on Friday.
Join us on Friday for the Weekly Market Wrap and have a wonderful week.
For MarketNewsVideo.com, I'm Kristin Bianco.
Tuesday Sector Laggards: Hospital & Medical Practitioners, Education & Training Services
Related symbols: EVHC, KND, ATGE, LAUR
Tuesday Sector Leaders: Agriculture & Farm Products, Rental, Leasing, & Royalty Stocks
Related symbols: UAN, LUK, ACTG, NTIP
Monday Sector Laggards: Precious Metals, Hospital & Medical Practitioners
Related symbols: USAS, GMO, THC, KND
Tuesday's ETF with Unusual Volume: FRI
Related symbols: FRI, INVH, SRC, NXRT, WPG
Tuesday's ETF Movers: VOX, IHF
Related symbols: S, PDVW, EVHC, KND, IHF, VOX
XLU, GNRX: Big ETF Outflows
Related symbols: XLU, GNRX, NEE, DUK, Q, MYL
Daily Dividend Report: USB,UMPQ,HST,PNR,MMC
Related symbols: USB, UMPQ, HST, PNR, MMC
Daily Dividend Report: EQR, BXP, RL, PEGA, WSM
Related symbols: EQR, BXP, RL, PEGA, WSM
Daily Dividend Report: IDCC, ORCL, TJX, AVB, NUE
Related symbols: IDCC, ORCL, TJX, AVB, NUE
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Week Ahead Market Report: 7/5/2011
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