The US markets are higher this afternoon, with the Dow up 0.33%, the S&P up 0.46% and the Nasdaq higher by 0.88% so far today. Some of the most actively traded stocks include Facebook (NASDAQ:FB) up 2.84%, Bank of America (NYSE:BAC) higher by 2.99%, The Hillshire Brands (HSH) up 22.45% and Sirius XM Holdings (NASDAQ:SIRI) up 0.92%.
Good afternoon, this is Sayoko Murase with the Week Ahead Market Report for May 27, 2014.
In overseas trading, Japan's Nikkei 225 Stock Average was up 0.23%, and the Hang Seng was lower by 0.08%. In Europe on Tuesday, the FTSE 100 was higher by 0.43% and the German DAX was up 0.49% today.
In economic news, Initial Claims and GDP are released Thursday and Personal Income, Chicago PMI and Michigan Sentiment on Friday.
Many earnings releases this week including: Chico's FAS (NYSE:CHS) and Toll Brothers (NYSE:TOL) on Wednesday, Abercrombie & Fitch (NYSE:ANF) and Pall Corp (PLL) on Thursday, and ANN Inc (ANN) and Big Lots (NYSE:BIG) 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.