The US markets are mixed this afternoon, with the Dow down 0.04%, the S&P up 0.01% and the Nasdaq up 0.04% so far today. Some of the most actively traded stocks include Pfizer (PFE) down 2.5%, Facebook (FB) up 1% and Bank of America lower by 1.3%.
Good afternoon, this is Kristin Bianco with the Week Ahead Market Report for May 5, 2014.
In overseas trading, Japan's Nikkei 225 Stock Average was down 0.19%, and the Hang Seng was lower by 1.28%. In Europe on Monday, the FTSE 100 was higher by 0.20% and the German DAX was down 0.28% today.
In economic news, Trade Balance is released tomorrow, Consumer Credit on Wednesday, Initial Claims on Thursday and Wholesale Inventories on Friday.
Many earnings releases this week including: DIRECTV (NASDAQ:DTV) and Groupon (NASDAQ:GRPN) on Tuesday, Molycorp (MCP) and Transocean (NYSE:RIG) on Wednesday, Cablevision Systems (NYSE:CVC) on Thursday and E. W. Scripps (NYSE:SSP) 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.