The US markets are lower this afternoon, with the Dow down 0.20%, the S&P losing 0.55% and the Nasdaq down 1.23% so far today. Some stocks showing significant losses today include Bank of America (NYSE:BAC) down 6.71%, Facebook (NASDAQ:FB) lower by 4%, and Sirius XM Holdings down 2.88%.
Good afternoon, this is Sayoko Murase with the Week Ahead Market Report for April 28, 2014.
In overseas trading, Japan's Nikkei 225 Stock Average was down 0.98%, and the Hang Seng was lower by 0.41%. In Europe on Monday, the FTSE 100 was higher by 0.22% and the German DAX was up 0.48% today.
In economic news, Consumer Confidence is released tomorrow, Chicago PMI on Wednesday, Initial Claims, Personal Income, Construction Spending and Auto Sales on Thursday, and Nonfarm Payrolls, Unemployment Rate, Hourly Earnings, and Factory Orders Friday.
Many earnings releases this week including: A. H. Belo Corp (AHC), Bristol-Myers Squibb (BMY) and eBay (NASDAQ:EBAY) on Tuesday, ADT (NYSE:ADT), Dominion Resources (NYSE:D), and Hess Corp (NYSE:HES) on Wednesday, OpenTable (NASDAQ:OPEN), and MasterCard (NYSE:MA) on Thursday, and Sempra Energy (NYSE:SRE) on Friday.
Join us on Friday for the Weekly Market Wrap and have a wonderful week.
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