Investors are kicking off the new trading week assessing stronger U.S. and Chinese economic data, while the euro slips further and Spanish bond yields rise as growing political uncertainty in southern Europe irks investors.
Good morning this is Kristin Bianco with the Week Ahead Market Report for February 4, 2013.
In overseas trading, Japan's Nikkei 225 Stock Average was higher by about six tenths of a percent and the Hang Seng was lower by about 0.16 percent. The FTSE 100 was about lower by about 1.26 percent and the German DAX was lower by about 1.7 percent.
On the earnings front, expect to hear from Agco (NYSE:AGCO) on Tuesday, Allstate (NYSE:ALL) on Wednesday, Cigna (NYSE:CI) on Thursday, and AOL (AOL) as well as Belo (BLC) on Friday.
In economic news, expect to hear data on the MBA Mortgage Index on Wednesday, continuing claims on Thursday, and the trade balance on Friday.
Join us on Friday for the Weekly Market Wrap and have a wonderful week.
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