In commodities trading, crude oil futures are falling $0.26 to $97.62 a barrel after slipping $0.29 to $97.88 a barrel last Friday. Gold futures are sliding $2.10 to $1,292.70 an ounce. In the previous session, gold climbed $12 to $1,294.80 an ounce. On the currency front, the U.S. dollar is trading at 102.59 yen compared to the 102.61 yen it fetched at the close of New York trading on Friday.
Tech Stocks from Briefing.com – Yahoo Finance
Read More Goldman downgrades stocks, warns of short-term risk At the core of the forecast is expectation that U.S. gross domestic product will accelerate to a 3 percent or more pace in the coming years, a level it has failed to achieve during the entire post-financial crisis economic recovery. That contradicts calls from former White House economist Larry Summers and others that the U.S. is mired in “secular stagnation” and unlikely to post trend growth for an extended period of time.
Goldman: ‘Dramatic divergence’ coming in market
“Earnings are taking a back seat now as the earnings season is winding down.” Here are the three things you need to know before the opening today’s hot stocks bell rings in New York: 1. Earnings on tap: Companies including Cablevision ( CVC ) and MGM Resorts ( MGM ) are set to release quarterly results before the opening bell. Coach ( COH ) shares jumped 5% in premarket trading. The fashion designer managed to beat estimates despite significant year-to-year slumps in quarterly profit and sales.
Stocks Are In The Red – Yahoo Finance
Please enter a valid phone number. Please enter your Phone Number. Send Thanks! A link has been sent.
Premarkets: 3 things to know before the open – Aug. 5, 2014
Send Thanks! A link has been sent. Done July 4, 2014 11:55 AM 0 shares Content preferences Done Synnex (SNX) reported second quarter earnings of $1.52 per share, which is better than expected and $1.34-1.38 guidance; revenues rose 33.3% year/year to $3.45 billion which is better than expected. Technology Solutions: Revenue was $3.16 billion, up 24.2% YoY. Concentrix: Revenue was $293.5 million, up from $46.7 mln YoY due largely to the recently acquired IBM CRM business.