The US markets are lower in early afternoon trading, with the Dow down 0.12%, the S&P lower by 0.16% and the Nasdaq down 0.25%. Some of the most actively traded stocks include Rite Aid (RAD) down 3%, Sirius XM HOldings (NASDAQ:SIRI) down 1.46%, Facebook (FB) about flat, and Apple (NASDAQ:AAPL) down 0.83%.
Good afternoon, this is Kristin Bianco with the Week Ahead Market Report for July 28, 2014.
In overseas trading, Japan's Nikkei 225 Stock Average was higher by 0.46%, and the Hang Seng was up 0.88%. In Europe, the FTSE 100 was down 0.05% and the German DAX was lower by 0.48% today.
In economic news, Consumer Confidence is released tomorrow, Initial Claims and Chicago PMI on Thursday, and Nonfarm Payrolls, Unemployment Rate and Personal Income on Friday.
Companies releasing earnings this week include: Aetna (AET) and American Express (NYSE:AXP) on Tuesday, Carlyle Group (NASDAQ:CG) and DDR Corp (DDR) on Wednesday, 3D Systems (NYSE:DDD), Cigna (NYSE:CI) and ConocoPhillips (NYSE:COP) on Thursday, and Weyerhaeuser (NYSE:WY) on Friday.
Join us on Friday for the Weekly Market Wrap and have a wonderful week.
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