The US markets have opened relatively flat on Monday as US Durable Goods came in with the largest decline in about a year. Treasury yields are lower with the Ten Year Bond currently yielding just under 2.8%.
Good morning this is Sayoko Murase with the Week Ahead Market Report for August 26, 2013.
In overseas trading, Japan's Nikkei 225 Stock Average was lower by 0.18% overnight while the Hang Seng gained 0.65%. The FTSE 100 was higher by 0.7% this morning and the German DAX was higher by about 0.12%.
On the earnings front, Brown Shoe Company (NYSE:BWS) and LDK Solar (NYSE:LDK) report on Tuesday, Chico's FAS (NYSE:CHS) and GUESS? (NYSE:GES) report on Wednesday, and Genesco (NYSE:GCO) reports on Thursday.
On the economic front, Consumer Confidence is reported on Tuesday, Initial Claims are released on Thursday and Personal Income is reported on Friday.
Join us on Friday for the Weekly Market Wrap and have a wonderful week.
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.