The US markets were trading close to even on Monday as investors continue to search for direction in a market trading near all-time highs. In notable news, Blackberry (BBRY) decided to abandon the sale of the company and oust its CEO to go alone as a independent company. Also from the tech sector, Twitter announced that it has raised the price range for its IPO to $23 to $25 per share.
Good afternoon this is Tracey Fitzpatrick with the Week Ahead Market Report for November 4, 2013.
In overseas trading, Japan's Nikkei 225 Stock Average was closed and the Hang Seng was lower by about 0.2% overnight. In Europe on Monday, the FTSE 100 was higher by just about 0.4% and the German DAX is higher by 0.3%.
In economic news, investors will review crude inventories on Wednesday, initial jobless claims on Thursday and the Labor Department's payroll report for October on Friday.
In earnings news, Agrium (AGU) reports on Tuesday, Humana (NYSE:HUM) reports on Wednesday, Monster Beverage (NASDAQ:MNST) and Molycorp (MCP) report on Thursday and Lion's Gate (LGF) reports on Friday.
Join us on Friday for the Weekly Market Wrap and have a wonderful week.
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