The first trading day of the week has investors hoping that a European Union summit this week will help calm the escalating euro zone debt crisis.
Good morning, this is Kristin Bianco with the Week Ahead Market Report for June 25, 2012.
In overseas trading, Japan's Nikkei 225 Stock Average is lower by about 0.72 percent, while the Hang Seng is lower by about half a percent. The FTSE 100 is lower about 0.65% and the German DAX is lower by about 1.65 percent.
On the earnings front, expect to hear from LDK Solar (LDK) on Tuesday, Progress Software (NASDAQ:PRGS) on Wednesday, American Greetings (NYSE:AM) on Thursday, and Finish Line (NASDAQ:FINL) as well as Constellation Brands (NYSE:STZ) on Friday.
In economic news, expect to hear data on consumer confidence on Tuesday, pending home sales on Wednesday, and the GDP on Thursday.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.