U.S. STOCK PREVIEW Today’s preliminary-Nov U.S. consumer confidence index from the University of Michigan is expected to show a +0.6 point increase of 87.5, which would be a new 7-1/3 year high. Today’s Oct retail sales report is expected to show a modest increase of +0.2% both overall and ex-autos, which would largely reverse September’s declines of -0.3% overall and -0.2% ex-autos. Today’s Oct import price index is expected to show a decline of -1.5% m/m and -1.6% y/y, which would be even weaker than the September report of -0.5% m/m and -0.9% y/y. None of the Russell 1000 companies report earnings today. Equity conferences today include: Bank of America Merrill Lynch Global Energy Conference on Wed-Fri, Goldman Sachs Technology and Internet Conference on Fri.
Posted on: Fri, 14 Nov 2014 13:09:32 +0000
Trending Topics
Recently Viewed Topics
© 2015