Wall Street expected slightly lower

The index futures are predicting an opening up U.S. markets. The Nasdaq 100 index futures and Standard & Poor's 500 index advancing 0.14% respectively at 1 994.55 points and 0.11% to 1 193.90 points. The Tokyo Stock Exchange also closed up 0.42% at 11251.90 points on Monday, supported by positive indicators published this weekend in the United States and by higher metal prices that has benefited the trading companies.

The U.S. stock markets have recently experienced six consecutive weeks of increases, an unprecedented series from the lowest 12 years and a half touchdowns in March 2009. On Friday, the Dow briefly crossed into the symbolic meeting of 11 000 points to finish at a cable that level at precisely 10 997.35 points. For its part, the Standard & Poor's 500 took 0.67% to 1 194.37 points and the Nasdaq Composite Index advanced 0.71% to 2454.05 points.Since its low point of March 9, 2009, the S & P 500 has now increased by 75%.

On the foreign exchange market, the euro is rising against the dollar this morning after the announcement yesterday by the countries of the eurozone plan the details of aid to Greece. The European currency was trading at just below $ 1.37.

The week will be decisive for the U.S. markets. Investors will receive the first quarterly results of major public companies faxless pay day loans. As usual, the aluminum giant Alcoa will kick off the season of publications, on Monday after the close of Wall Street.The coming week will also be driven by quarterly results from Intel, Google, General Electric and JPMorgan Chase & Co. banks among others.

On the macroeconomic front, the week will be marked by several important indicators, as the index of consumer prices, retail sales for the month of March, industrial production, housing starts and the first estimate of the confidence index Reuters / Michigan.

The markets will also follow the hearing of Ben Bernanke, chairman of the Federal Reserve, the Congressional Joint Economic Committee on Wednesday and will monitor closely developments in the case of the Greek debt.

On the side of values, the oil sector should also facilitate the session. Chevron Friday, without giving a figure, has announced an increase its refining margins in the first quarter.The band thrives on rising oil prices and a possible improvement in its refining margins. The major U.S. must publish its accounts on April 30.

According to the press, the merger between United Airlines and U.S. Airways should be performed exclusively by exchange of shares.

April 13th, 2010 in finance, people, publications, special, top news | tags: , , , ,