Story Stocks from Briefing.com – Yahoo Finance
Gas prices for a lucky few have even fallen below $2 a gallon . 3. Earnings and economics: Dollar General ( DG ) and Sears ( SHLD ) will report quarterly earnings before the opening bell. American Eagle ( AEO ) and gun maker Smith & Wesson ( SWHC ) will report after the close. The U.S.
4. Wall Street strategists continue to publish their outlooks for 2015, with BMO Capital’s Brian Belski putting a year-end price target on the S&P 500 of 2,250, an 8.5% advance from current levels. Belski expects corporates to spend less on share buybacks and more investing in their businesses, which are dealing with equipment that is as old as its been in decades. 5. On Thursday, the European Central Bank is set to announce its latest monetary policy decision, and as has been the case over the last several months, the real focus will be on ECB president Mario Draghi’s press conference following the decision. During Draghi’s press conference, the market will look for any clues regarding the ECB’s intention to expand its current asset purchase program or embark on a full quantitative easing program involving the purchase of corporate bonds, as some in the market expect the ECB to eventually undertake. 6.
Closing Bell, December 3 – Business Insider
The November tally is the 8th straight month of job gains in excess of 200K. Importantly, the tally for October was modestly revised higher. good stock to invest in The consensus expectation for Friday’s BLS report is for ‘headline’ gains of 230K, which includes government jobs that have been averaging in the 5K to 10K monthly level lately. As such, today’s ADP report wouldn’t have much bearing on current BLS estimates, though the two reports can divert in a big way from each other at times. This was particularly the case a few months back when the two reports diverged in a big way in August, though that month’s gap has since been narrowed a bit in subsequent revisions.
U.S. Stocks Drop on ECB Statement as Energy Shares Slump
stocks fell, after benchmark indexes closed at records yesterday, as energy shares slumped and the European Central Bank said it will wait until next quarter before considering additional stimulus measures. Exxon Mobil Corp. and Chevron Corp. dropped more than 1.8 percent for the biggest losses in the Dow Jones Industrial Average. (INDU) Microsoft Corp.
Stocks Are Looking To Remain Almost Flat – Economic Highlights – NASDAQ.com
An improvement in survival or disease-related symptoms has not been established. Continued approval for this indication may be contingent upon verification and description of clinical benefit in the confirmatory trial. Beleodaq was approved by the FDA on July 3rd, nearly 5 weeks before the PDUFA date (August 9th). This indication was approved based on data from the multi-center, single-arm BELIEF trial in 120 evaluable patients, refractory to or who had failed at least one prior systemic therapy.