Stocks are mixed this Monday morning with an upside bias so far despite the negative impact of H-P affecting the DJIA. DJIA futures are trading higher by 0.3% and S&P futures are up 0.35%. In Europe, the FTSE is up 1.3%, the DAX is up 1.2%, and the CAC is up 0.5%. In Asia, Japan was down by -0.7% and Hong Kong closed up 0.6%.
Nymex WTI crude is higher this morning at $81.50 per barrel. Traders are keeping an eye on Gold after Friday, and prices are higher around $1,206.00 per ounce.
Treasury bond prices were firm in longer-dated maturities: yield on the 10-Year 2.82% is and the yield on the 30-Year was 4.00%.
Monday morning’s major media headline snapshot from Reuters, WSJ, NYTimes, FT, Bloomberg, and more is available here.
The Unusual Suspects for the Week Ahead covers ARO, APEI, IRE, BRK-A, BRK-B, CSCO, DNDN, GSAT, HPQ, RIMM, SD, TGT, TNH, DIS, GLD.
These are today’s top economic data:
NO MAJOR DATA on MONDAY
Major earnings are from Tyson, McDermott, WellCare, Hospitality Trust, DISH, Macerich, and King Pharma.
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JON C. OGG
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