Investors this week will be focusing on key pieces of economic data for signs of improvement in the housing and labor markets, with Apple (AAPL) and Citigroup (C) earnings likely to affect trading on Tuesday.
Good morning, I’m Sayoko Murase, with the “Week Ahead Market Report” for January 18, 2010.
In overseas trading, Japan’s Nikkei 225 Stock Average was was higher by 0.15%, and the Hang Seng Index was relatively unchanged. The FTSE 100 is higher by 1.15 percent, while the German DAX is higher by over eight tenths of a percent percent. In the US, the Dow is higher by over half a percent in late morning trading, while the Nasdaq and S&P are relatively unchanged.
Data due to be released this week includes housing starts and building permits on Wednesday, jobless claims and existing home sales on Thursday, and crude inventories on Friday.
On the earnings front, expect to hear from Apple (AAPL) after the bell on Tuesday, F5 Netowrks (FFIV) on Wednesday, Advanced Micro Devices (AMD) on Thursday, and Bank of America (BAC) on Friday.
Join us on Friday for the “Weekly Market Wrap” and have a wonderful week.
For MarketNewsVideo.com, I'm Sayoko Murase.
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