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US Futures Are Flat To End The Week #earnings #GE #OPEC

US Futures are flat to end the week.  Positive earnings from the likes of GE and Honeywell have not been enough to push markets higher this morning.  Oil prices have retreated slightly after President Trump tweeted about OPEC keeping oil prices artificially high and pledged to do something about it.  There is no scheduled economic data this morning.  European shares are mixed with telecom stocks leading higher.  Asian shares closed lower with technology shares leading the decline.

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US Futures are Lower as Oil and Treasury Yields Rise #earnings #bonds #futures

US Futures are lower as oil and Treasury yields rise.  Crude oil futures rose above $69 this morning, the highest level since late 2014.  The 10yr Treasury is approaching recent highs at 2.90%.  In economic data, weekly jobless claims were slightly higher than expected at 232K, while the Philadelphia Fed business outlook survey was stronger than expected in April at 23.2.  European shares are mixed with consumer goods companies underperforming.  Asian shares closed higher with China’s Hang Seng Index leading the advance.

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US Futures are Trading Higher as Earnings Improve #earnings #FOMC #futures

US Futures are trading higher as earnings improve.  Strong earnings continue to provide a bid to the market.  Earnings from Morgan Stanley, United Continental and CSX have helped to lift shares this morning.  Later this morning crude and gasoline inventories will be released for last week.  At 2pm, the Fed’s Beige Book will give the market a look at economic conditions that the Fed will consider during their May 1-2 meeting.  European shares are mostly higher despite weaker than expected automobile registrations in Europe.  Inflation data in the U.K. and euro zone were softer than expected in March.  Asian shares closed higher, with bank stocks leading in China, after China’s central bank lowered the reserve requirements for most banks.

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US Futures Look to Extend Monday's Gains #futures #earnings #stocks

US Futures look to extend Monday’s gains.  US futures are up around 0.6% premarket as earnings news dominates the headlines.  On the data front, March housing starts and building permits both beat expectations.  At 9:15am, the market will get a look at March industrial production.  European shares are trading higher despite a weaker than expected economic confidence number in Germany.  Materials shares are leading European markets higher.  Asian shares closed mostly lower.  Chinese Q1 GDP and March retail sales beat estimates, however, industrial output and fixed investment missed estimates.

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US Futures are Higher as Earnings Take Focus

US Futures are higher as earnings take focus.  Several S&P 500 companies will report earnings this week with expectations for a strong quarter.  This morning, the market has ignored a weekend attack by the U.S., U.K. and France on several sites in Syria that were believed to be key locations for their chemical weapons program.  On the data front, March retail sales beat estimates, while the Empire manufacturing index for April was below expectations.  Later this morning the market will get a look at February business inventories and homebuilder confidence in April.  European shares are mostly lower, giving up earlier gains.  Asian shares closed mixed with Japan’s Nikkei leading to the upside.

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