The US markets are slightly higher this afternoon, with the Dow up 0.01%, the S&P up 0.06% and the Nasdaq higher by 0.10% so far today. Some of the most actively traded stocks include Covidien (NYSE:COV) higher by 20.75%, Medtronic (NYSE:MDT) down 1.2%, Fusion-io (FIO) up 23% and Bank of America (BAC) down 1%.
Good afternoon, this is Kristin Bianco with the Week Ahead Market Report for June 16, 2014.
In overseas trading, Japan's Nikkei 225 Stock Average was down 1.09%, and the Hang Seng was lower by 0.08%. In Europe on Tuesday, the FTSE 100 was lower by 0.34% and the German DAX was down 0.29% today.
In economic news, Housing Starts, Building Permits and CPI come out tomorrow, and Initial Claims on Thursday.
Companies releasing earnings this week include: Adobe Systems (NASDAQ:ADBE) on Tuesday, Jabil Circuit (NYSE:JBL) on Wednesday, Kroger (NYSE:KR) on Thursday, and Darden Restaurants (NYSE:DRI) 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.