E-mini Dow Jones Industrial Average (YM) Futures Analysis – February 16, 2015 … – FX Empire

Based on last week’s strong close, March E-mini Dow Jones Industrial Average futures contract traders will probably be looking for a higher opening when trading resumes on Tuesday. Last week ended with the market getting a boost from the good news regarding the peace agreement between Russia and Ukraine. This news helped overcome the weaker-than-expected U.S. retail sales report for January.

Weekly March E-mini Dow Jones Industrial Average

Weekly March E-mini Dow Jones Industrial Average

Today is a U.S. bank holiday so the cash market is closed. There is an electronic trading session, but without the cash market to guide it, trading will be difficult.

The key reports to watch this week could produce volatility. These include Building Permits and the Producer Price Index on Tuesday. Wednesday’s release of the Fed’s January minutes. Thursday will feature weekly unemployment claims and the Philly Fed Manufacturing Index.

The strong close by the Dow has put the market in a position to challenge the contract high at 18051. The key uptrending angle to watch comes in at 18044. A sustained move over this angle will be a strong indication that this rally is being supported by fresh buying rather than short-covering.

A failure to overcome 18044 to 18051 will indicate selling pressure. This could lead to a test of the nearest support angle at 17986. The next weekly support under this angle comes in at 17474. Because the weekly chart indicates there is plenty of room to the downside, buyers are going to do all they can to hold the market above 17986. This could lead to strong volatility. 

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How the Dow Jones Industrial Average Did on Wednesday – ABC News

Associated Press

U.S. stocks closed effectively flat in quiet trading Wednesday as investors waited to see what the outcome would be of an emergency meeting between Greece and the rest of the eurozone to discuss the country’s finances. Energy stocks were among the biggest decliners as the price of oil fell.

On Wednesday:

The Dow Jones industrial average fell 6.62 points, or 0.04 percent, to 17,862.14.

The Standard & Poor’s 500 index lost 0.06 of a point, less than 0.01 percent, to 2,068.53.

The Nasdaq composite rose 13.54 points, or 0.3 percent, to 4,801.18.

For the week:

The Dow Jones industrial average is up 37.85 points, or 0.2 percent.

The Standard & Poor’s 500 index is up 9.63 points, or 0.6 percent.

The Nasdaq composite rose 56.78 points, or 1.2 percent.

For the year:

The Dow is up 39.07 points, or 0.2 percent.

The S&P 500 index is up 9.63 points, or 0.5 percent.

The Nasdaq is up 65.13 points, or 1.4 percent.

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Dow Jones (DJIA) Today: Coca-Cola (KO) Leads The Day Higher, Exxon Mobil … – TheStreet.com

Editor’s Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

The Dow Jones Industrial Average ( ^DJI) is trading up 70 points (+0.4%) at 17,799 as of Tuesday, Feb 10, 2015, 9:36 a.m. ET. During this time, 19.6 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 359.5 million. The NYSE advances/declines ratio sits at 1,583 issues advancing vs. 1,150 declining with 235 unchanged.

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The Dow component leading the way higher looks to be Coca-Cola (NYSE: KO), which is sporting a $1.45 gain (+3.5%) bringing the stock to $42.68. This single gain is lifting the Dow Jones Industrial Average by 10.97 points or roughly accounting for 15.7% of the Dow’s overall gain. Volume for Coca-Cola currently sits at 2.5 million shares traded vs. an average daily trading volume of 14.3 million shares.

Coca-Cola has a market cap of $181.56 billion and is part of the consumer goods sector and food & beverage industry. Shares are down 2.3% year-to-date as of Monday’s close. The stock’s dividend yield sits at 2.9%.

The Coca-Cola Company, a beverage company, manufactures and distributes coke, diet coke, and other soft drinks worldwide. The company primarily offers nonalcoholic beverages, including sparkling beverages and still beverages.

TheStreet Ratings rates Coca-Cola as a buy. The company’s strengths can be seen in multiple areas, such as its expanding profit margins, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

Holding back the Dow today is Exxon Mobil Corporation (NYSE: XOM), which is lagging the broader Dow index with a 52-cent decline (-0.6%) bringing the stock to $91.04. Volume for Exxon Mobil Corporation currently sits at 614,952 shares traded vs. an average daily trading volume of 15.8 million shares.

Exxon Mobil Corporation has a market cap of $387.46 billion and is part of the basic materials sector and energy industry. Shares are down 1% year-to-date as of Monday’s close. The stock’s dividend yield sits at 3%.

Exxon Mobil Corporation explores and produces for crude oil and natural gas. As of December 31, 2013, the company had approximately 37,661 gross and 31,823 net operated wells.

TheStreet Ratings rates Exxon Mobil Corporation as a buy. The company’s strongest point has been its strong cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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Wall Street's Week Ahead: Dow Jones Industrial Average Drops As Greek Exit … – International Business Times

U.S. stocks turned lower Monday after Greek Prime Minister Alexis Tsipras rejected an extension to the country’s $270 billion bailout program, reigniting concerns of a possible Greek exit from the euro zone. Following Tsipras’ comments, shares on the Athens Stock Exchange plunged nearly 5 percent Monday, weighing on the global financial markets.

On Monday morning, the Dow Jones Industrial Average, which measures the share prices of 30 large industrial companies, fell 71.83 points, or 0.40 percent, at 17,752.46; the S&P 500 stock index lost 5.79 points, or 0.28 percent, at 2,050.08. The Nasdaq Composite fell 14.66 points, or 0.31 percent, at 4,729.74.

Greece Rejects Bailout Extension, Won’t Cooperate With Troika

During his inaugural speech in parliament Sunday, Tsipras said Greece would not extend the deadline for its bailout, putting the economy in danger of going bankrupt. Tsipras also said he would reverse some of the measures imposed by its creditors, risking the country’s place in the euro zone.

The move comes after Greece said last month its government would not cooperate with the so-called troika — the European Commission, European Central Bank and International Monetary Fund — and will not seek an extension to the bailout program that ends Feb. 28. Before winning national elections last month, the far-left Syriza party led by party leader Tsipras, staged a revolt against the budget cuts and other austerity measures bailout arranged by the troika and accepted by Greece’s previous government.

Tsipras’ comments come after Standard & Poor’s downgraded Greece’s credit rating Friday with a negative outlook. The European Central Bank also announced Wednesday it is blocking banks from using Greek debt as collateral, increasing investors’ concerns about the global economy.

Retail Sales to Reveal Economic Health of the U.S. Consumer

Looking ahead to this week’s economic calendar, economists will get a glimpse into the mindset of the U.S. consumer following the holiday shopping season as retail sales for January are released on Thursday. Retail sales are a key indicator of the overall health of the U.S. economy as consumer spending accounts for nearly two-thirds of gross domestic product. Economists expect retail sales in January fell 0.5 percent, following a decline of 0.9 percent in December, according to analysts polled by Thomson Reuters.

Retail sales fell short of expectations in December during the Christmas holiday shopping season after U.S. consumers picked up spending in November, boosted by a drop in gasoline prices. Economists expect retail sales in January fell 0.5 percent, following a decline of 0.9 percent in December, according to analysts polled by Thomson Reuters.

Gas Prices Rise for First Time Since June

U.S. gas prices rose for the first time since June, jumping 13 cents in the past two weeks to $2.20 a gallon, according to a survey released Sunday by independent market research company Lundberg Survey Inc. The drop in gasoline prices have been primarily driven by the nearly 50 percent decline in global oil prices since June. Gas prices are still down $1.10 a gallon from the same period a year ago.

Global oil prices ticked up in morning trading Monday after posting their biggest two-week gain since 1998 on Friday. Brent crude, the global benchmark for oil prices, rose above $58 a barrel on Monday after the Organization of Petroleum Exporting Countries said demand forecast for its oil would be more than expected in 2015.

Brent crude rose 1.16 percent Monday to $58.47 a barrel, for March 15 delivery, on the London ICE Futures Exchange. Meanwhile, West Texas Intermediate crude, the benchmark for U.S. oil prices, added 2.40 percent Monday to $52.93 a barrel, for March 15 delivery, on the New York Mercantile Exchange.

Economists Eye China Inflation, Europe GDP Data

Economists will be eyeing data out of China Tuesday after the world’s second-largest economy reported Sunday that exports dropped 3.3 percent last month from a year earlier, while imports tumbled 19.9 percent, widely missing analysts’ expectations. Tuesday, China will release key inflation data, including its Consumer Price Index, which measures the prices of consumer goods and services, along with its Producer Price Index, which gauges the average change in selling prices that are measured at the wholesale level. Friday, the European Union will release its initial gross domestic product figures for the fourth quarter, along with Germany, the largest economy in Europe.

Here’s the latest economic calendar for the week of Feb. 9. All listed times are EST.

Monday, Feb. 9

  • 10 a.m. — Labor Market Conditions Index (January)

Non-U.S.:

  • Australia — Reserve Bank of Australia Governor Glenn Stevens Speech

Tuesday, Feb. 10

  • 9 a.m. — NFIB Small Business Index (January)
  • 10 a.m. — Job Openings (December)
  • 10 a.m. — Wholesale Inventories (December)

Non-U.S.:

  • China — Consumer Price Index (January)
  • China — Producer Price Index (January)

Wednesday, Feb. 11

  • 2 p.m. — Federal Budget (January)

Non-U.S.:

  • China — New Loans Released by People’s Bank of China
  • U.K. — Bank of England Quarterly Inflation Report

Thursday, Feb. 12

  • 8:30 a.m. — Weekly Jobless Claims (Week ended February 5)
  • 8:30 a.m. — Retail Sales (January)
  • 10 a.m. — Business Inventories (December)

Non-U.S.:

  • U.K. — Bank of England Governor Mark Carney Speech
  • Australia — Reserve Bank of Australia Governor Glenn Stevens Speech
  • Australia — Unemployment Rate (January)

Friday, Feb. 13

  •  8:30 a.m. — Import Price Index (January)
  • 9:55 a.m. — Consumer Sentiment (February)

Non-U.S.:

  •  Europe — Gross Domestic Product (Q4)
  •  Germany — Gross Domestic Product (Q4)

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Stocks sluggish amid Greece showdown – USA TODAY

The Dow is again being weighed down by the drama in debt-strapped Greece, where its defiant new government is waging a high-stakes poker game with its European lenders.

As of 2:25 p.m. ET, the Dow Jones industrial average, Nasdaq and S&P 500 were trading lower.

The Dow is coming off a 660-point, 3.8%, gain last week that helped it edge back into the black for the year after a nearly 5% drop in January. Last week’s gains were powered by a rebound rally in oil, solid U.S. profit reports and a sense that the Greece crisis would be resolved.

Over the weekend, its Prime Minister Alex Tsipras upped the ante in his fight with creditors, again taking a hard line with eurozone lenders in an attempt to renegotiate terms with its creditors. According to Barclays, risk assets, including stocks in Europe and the U.S., are being weighed down following Greece’s insistence “not to seek and extension of its current bailout program.” The Greek drama is heating up as investors confront the prospect of a Greek default or an exit from the eurozone. Still, global investors are still hopeful a deal will be struck and the worst-case outcome avoided.

Markets are anxious for a quick resolution to the uncertainty given Greece’s hard line,” Barclays said in an early-morning client report.

Stocks in Europe were also hurt by the latest twist in the Greek debt drama.

The broad Stoxx 600 was off nearly 1%. The German DAX was off 1.7%, while the CAC 40 in France was 1.2% lower and the FTSE 100 in London was down 0.7%.

European markets are also on edge due to the Ukraine crisis. Germany, France, Russia, Ukraine are set for talks later this week in an attempt to resolve the crisis, which involves fighting between Ukraine and pro-Russia rebels, diplomatically.

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Dow Jones Today Falls 60 Points on Greek Debt Downgrade – Nasdaq

The Dow Jones today shed 60 points. The cause? Standard & Poor’s downgraded Greece’s long-term sovereign-debt rating.

The news offset early gains fueled by U.S. jobs and wage growth. January was the 11th consecutive month of U.S. job gains above 200,000.


Today’s Scorecard:

Dow: 17,824.29, -60.59, -0.34%

S&P 500: 2,055.47, -7.05, -0.34%

Nasdaq: 4,744.40, -20.70, -0.43%

What Moved the Markets Today: The Greek debt downgrade came after Greece’s new leftist government vowed to reject any deal that would maintain the terms of its current international bailout program.

Despite increased isolation from its Eurozone partners, Greek Finance Minister Yanis Varoufakis said he would seek a “bridge agreement” to stabilize the country’s finances until the nation can propose a new plan to address its debts. The ratings agency didn’t like the sound of that and downgraded the nation’s long-term debt to B-minus from B.

The January U.S. jobs report came in with the economy producing more jobs than analysts expected. The U.S. created approximately 257,000 jobs, topping consensus expectations of 234,000. The unemployment rate climbed from 5.6% to 5.7% due to a rise of Americans entering the workforce.

Following the jobs report, futures contracts priced into the market the expectations that the U.S. Federal Reserve will raise rates a second time by December 2016. The markets already expect one rate increase by October 2016.

Now, check out the other top market stories – plus get our new profit tip for investors:

  • All About Oil: Crude oil prices climbed again today, fueling stronger performances for energy stocks. Brent oil prices experienced their strongest two-week gains since 1998 on declining rig counts and concerns about Libyan production. The number of rigs in the United States fell to 1,140 – its lowest total since December 2011, according to a survey by Baker Hughes Inc. (NYSE: BHI ).
  • Twitter Today: The markets were hot for Twitter stock. Shares of Twitter Inc. (NYSE: TWTR ) are up more than 16% today after the company  announced adjusted fourth-quarter earnings of $0.12 per share on revenue of $479.1 million. Analysts were expecting per-share earnings of $0.06. The report could offer CEO Dick Costolo some breathing room from his Wall Street critics. It was a big day for the company, but we advise caution – the market’s not getting this one right, and we’ll tell you why…
  • IPO Boom: Shares of Columbia Pipeline Partners LP (Nasdaq: CPPL) surged 21% on its first day of trading. The company priced its initial public offering at a range of $19 to $21, but shares surged as high as $28 during its debut.
  • Fraudulent Filing: In a stunning “preliminary step” to handling increased tax fraud, Intuit ‘s (Nasdaq: INTU ) TurboTax has stopped the e-filing of all state tax returns. The company said its systems weren’t breached; however, the software firm suspects criminals are using e-filing to create false tax returns to steal Americans’ refunds. It is currently working with state governments to investigate potential fraud cases. Shares of Intuit slipped 4.2% on the day.
  • Stocks to Watch: Shares of LinkedIn Corp. (Nasdaq: LNKD ) hit an all-time high, rising 11% Friday after the company crushed earnings estimates for the fourth consecutive quarter yesterday. The business and social media giant reported adjusted per-share earnings of $0.61, beating estimates of $0.53.
  • An Apple a Day: Apple stock was a late-day victim to ongoing geopolitical woes today. Shares of Apple Inc.  (Nasdaq: AAPL ) slipped 1% on the day. In an interesting development, ISIS militants have banned the use of all Apple products for fear that the United States and allied forces are using them to spy on their soldiers. The company also began seeding the first beta of Mac OS X Yosemite 10.10.3. This was the first time that the company released details about the long-awaited Photos app for Mac products.

Money Morning Tip of the Day: Oil prices will continue to be volatile in the near term. But eventually they’ll turn and run even higher…

Crude oil is struggling to find its bottom. Prices surged 19% within the span of four trading sessions ending Tuesday, only to fall nearly 9% Wednesday. Then yesterday oil prices rebounded from Wednesday’s losses to rise 4%.

At some point, oil prices will finally bottom, stabilize, and rally even higher. And Money Morning Global Energy Strategist Dr. Kent Moors believes that process may already be underway.

As Moors told Money Morning Executive Editor Bill Patalon earlier this week, the bottom is forming because low crude prices have forced U.S. producers to put the brakes on projects. They’re delaying more expensive forward projects. They’re also taking drilling rigs offline.

But demand will continue to climb, which means “as future supply gluts are pared, the upside for selected operating companies will improve,” according to Moors.

Moors doesn’t see a return of triple-digit prices anytime soon. But “a range in the mid $50s per barrel will translate into some nice profits for companies already controlling ongoing drilling locations in established basins.”

Moors shared his latest pick for profiting from oil’s rebound in Bill Patalon’s Private Briefing. Get it here: Why “Black Gold” + “The Blue Oval” =  Money in the Bank

To get full access to all Money Morning content including our latest Premium Report, “How to Make 2015 Your Wealthiest Year Ever,” click here

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How the Dow Jones industrial average fared Friday – SFGate

A blockbuster U.S. jobs report sent investors fleeing traditional places of comfort Friday: high-dividend stocks, bonds and gold. The selling left major indexes slightly lower.

On Friday:

The Dow Jones industrial average lost 60.59 points, or 0.3 percent, to 17,824.29.

The Standard & Poor’s 500 index fell 7.05 points, or 0.3 percent, to 2,055.47.

The Nasdaq fell 20.70 points, or 0.4 percent, to 4,744.40.

For the week:

The Dow is up 659.34 points, or 3.8 percent.

The S&P 500 index is up 60.48 points, or 3 percent.

The Nasdaq is up 109.16 points, or 2.4 percent.

For the year:

The Dow is up 1.22 points, or 0.01 percent.

The S&P 500 index is down 3.43 points, or 0.2 percent.

The Nasdaq is up 8.34 points, or 0.2 percent.

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Dow Jones Industrial Average Drops After S&P Downgrades Greece, But Closes … – International Business Times

U.S. stocks closed lower Friday, with the Dow briefly dropping more than 100 points during the last hour of trading after Standard & Poor’s downgraded Greece’s credit rating with a negative outlook, reigniting concerns about the health of the global economy. However, for the week, the Dow rose 658 points, or 3.83 percent, marking its best week since January 2013.

Investors initially cheered a stronger-than-expected jobs report Friday that marked the longest stretch of job gains above the 200,000 level since 1994; however, U.S. stocks later fluctuated in afternoon trading on concerns that strong job growth could translate into the Federal Reserve hiking interest rates sooner than expected.

The Dow Jones Industrial Average dropped 60.59 points, or 0.34 percent, to close at 17,824.29; the S&P 500 stock index lost 7.05 points, or 0.34 percent, to end at 2,055.47; and the Nasdaq Composite gained 20.70 points, or 0.43 percent, to finish at 4,744.40.

For the week, the S&P 500 rose 61 points, or 3.04 percent, its best week since Dec. 19; the Nasdaq rose 106 points, or 2.29 percent.

S&P Slashes Greece’s Credit Rating 

S&P downgraded Greece’s long-term credit rating by one notch to “B-” from “B” and maintained its negative outlook on the economy. The move comes after the European Central Bank announced Wednesday it is blocking banks from using Greek debt as collateral, increasing investors’ concerns about the global economy.

“The downgrade reflects our view that the liquidity constraints weighing on Greece’s banks and its economy have narrowed the time frame during which the new government can reach an agreement on a financing program with its official creditors,” S&P said in a statement Friday.

Global Oil Prices Post Biggest Two-Week Gain Since 1998

Oil prices rebounded by more than 20 percent in the last week during a period of highly volatile trading, sparked by growing evidence of declining U.S. rig counts and multiple announcements of capital spending cuts by oil firms, according to Capital Economics. “The near-term outlook for oil prices is unclear but we continue to expect the price of Brent to end the year at around $60,” Capital Economics said in a research note Friday.

Oil prices closed higher Friday, with Brent crude, the benchmark for global oil prices, posting its best two-week gain since 1998. Brent crude added 2.2 percent Friday to $57.80 a barrel for March 15 delivery on the London ICE Futures Exchange. Meanwhile, West Texas Intermediate crude, the benchmark for U.S. oil prices, rose 2.4 percent Friday to $51.69 a barrel for March 15 delivery on the New York Mercantile Exchange.

Wall Street’s Week Ahead

Looking ahead to next week’s economic calendar, economists will get a glimpse into the mindset of the U.S. consumer following the holiday shopping season. Retail sales for January will be released Thursday, a key indicator of the overall health of the U.S. economy as consumer spending accounts for nearly two-thirds of gross domestic product. Economists expect retail sales in January fell 0.5 percent, following a decline of 0.9 percent in December, according to analysts polled by Thomson Reuters. 

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Dow Jones Industrial Average Rallies 200 Points Ahead Of Twitter Inc, LinkedIn … – International Business Times

U.S. stocks rallied Thursday, with the Dow Jones Industrial Average soaring 200 points after crude oil prices rebounded and jumped 4 percent to close above $50 a barrel following the previous session’s sharp 9 percent decline. Investors are now shifting gears and looking ahead to earnings reports after the closing bell as social networking giant Twitter Inc. and professional networking site LinkedIn Corp. are expected to post their latest quarterly results.

In afternoon trading Thursday, the Dow Jones Industrial Average jumped 211.86 points, or 1.20 percent, to close at 17,884.88; the S&P 500 stock index added 21 points, or 1.03 percent, to end at 2,062.51; and the Nasdaq Composite gained 48.39 points, or 1.03 percent, to finish at 4,765.10.

Oil Prices Rebound As U.S. Crude Closes Above $50 A Barrel

Oil prices closed higher Thursday after posting a decline to snap a four-day rally the previous session. West Texas Intermediate crude, the benchmark for U.S. oil prices, rose $2.03 Thursday to close at $50.48 a barrel for March 15 delivery on the New York Mercantile Exchange. Meanwhile, Brent crude, the benchmark for global oil prices, added 4 percent Thursday to move to $56 a barrel for March 15 delivery on the London ICE Futures Exchange. It fell 7 percent Wednesday.

Oil prices have slumped dramatically over the past six months, but have rebounded slightly over the last week. Globally, oil prices have fallen by around 50 percent since their peak at $115 a barrel in June. The biggest single factor behind this fall in prices is the surge in production in the U.S., according to London-based Capital Economics.

“We think that oil prices have probably now fallen by about as far as they are likely to,” Capital Economics said in a research note Thursday. “We expect the price of Brent will still be just $70 at the end of 2020.”

After the Bell: Twitter, LinkedIn Report Q4 Earnings

After U.S. markets close Thursday, social networking giant Twitter Inc. will post quarterly results, along with professional networking site LinkedIn Corp.

Twitter Inc. disappointed investors in October when the company lowered its earnings outlook for the fourth quarter. The tech firm’s fourth-quarter guidance is in the range of $440 million to $450 million, missing estimates for that quarter where analysts averaged $448 million. Twitter is forecast to issue fiscal fourth-quarter net income of $41.96 million, or earnings per share of 6 cents, on revenue of $453.34 million, compared with a profit of $9.77 million, or a loss of $1.41, on revenue of $242.68 million a year ago.

Ahead of the report, shares of Twitter Inc. (NYSE:TWTR) are up more than 1 percent in afternoon trading Thursday to $41.17.        

Analysts will focus on mobile user growth when professional networking site LinkedIn Corp. (NYSE:LNKD) reports its latest earnings Thursday, as well as the company’s multi-app portfolio strategy. Mobile now accounts for 47 percent of total traffic to LinkedIn, according to the company’s third-quarter earnings report.

LinkedIn Corp. is expected to report fiscal fourth-quarter net income of $67.13 million, or an earnings per share loss of 8 cents, on revenue of $616.93 million, compared with a profit of $48.24 million, or earnings per share of 3 cents, on revenue of $447.22 million a year earlier.

Shares of LinkedIn Corp. are trading up more than 1.8 percent Thursday to $236.27 ahead of the closing bell. 

Wall Street’s Day Ahead: January Jobs Report in Focus

Ahead on the economic calendar Friday, economists will turn their attention to the U.S. nonfarm payrolls report for January. The report is expected to show U.S. employers added 234,000 jobs in January, down from 252,000 in December, according to analysts polled by Thomson Reuters. The unemployment rate is expected to remain unchanged from last month’s reading of 5.6 percent. Average hourly earnings are forecast to increase 0.3 percent and average hours worked are expected to hold steady at 34.6 per week.

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US shares boosted by jobs report – BBC News

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(Open): There were modest gains for US shares in early trading on Friday.

Confidence was boosted by a strong report on the US jobs market. Data for December showed the economy created more than 200,000 jobs for the 11th consecutive month.

The Dow Jones was 0.25% higher at 17,920, the S&P 500 was up 0.3% at 2,068 and the tech-focused Nasdaq was up just slightly at 4,770.

Twitter shares soared 14% after its results late on Thursday.

It reported a net loss of $125m (£82m) in the fourth-quarter, beating analyst expectations.

It also said revenue grew faster than expected, increasing by 95% to $479m during the October to December period.

Total monthly active users were 288 million, an increase of 20% from the year earlier.

LinkedIn shares jumped almost 13% after the networking website reported its 15th consecutive quarter of earnings that beat expectations.

Revenue rose by 44% to $632m in the October to December period, significantly higher than had been expected.

Rates worry

The strength of the labour market has prompted some analysts to revise their views on when the US Federal Reserve might start to raise interest rates.

“Another employment report like this one for February and the stock market will most likely have to start getting its mind around a rate hike actually happening in mid-2015 after all,” said Briefing.com analyst Patrick O’Hare.

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