
European and Asian markets closed mixed today, while Latin American markets closed lower.
On Tuesday’s calendar, San Francisco Fed President John Williams is giving a speech and we are scheduled for the following data releases and events:
- 9:00 a.m. – S&P Case-Shiller house price index
- 10:00 a.m. – Conference Board consumer confidence index
- 10:00 a.m. – Richmond Fed manufacturing index
- 11:30 a.m. – 4-week Treasury bill auction
- 1:00 p.m. – 2-year note auction
We also broke out the top Wall Street calls with analyst upgrades and downgrades.
Here are the closing bell levels for Monday:
- S&P500 1,656.79 (-6.70 -0.40%)
- DJIA 14,946.85 (-63.66; -0.42%)
- NASDAQ 3,657.57 (-0.22; -0.01%)
- 10YR TNOTE 2.789% (-0.22%)
- Gold $1,370.80 (+6.50; +0.47%)
- Euro/Dollar: 1.3371 (-0.0015; -0.12%)
Big earnings movers: Chinese internet firm Qihoo 360 Technology Co. Ltd. (NYSE: QIHU) is up 8% at $78.99 on strong earnings and a buoyant outlook. A small biotech firm, Spherix Inc. (NASDAQ: SPEX) jumped 26.7% to more than $14 on earnings. On Tuesday we are scheduled to get earnings from LDK Solar Co. Ltd. (NYSE: LDK) and Tiffany & Co. (NYSE: TIF) before markets open. After Tuesday’s close we’ll hear from Workday Inc. (NYSE: WDAY) and TiVo Inc. (NASDAQ: TIVO), among others.
Stocks on the move: Onyx Pharmaceuticals Inc. (NASDAQ: ONXX) is up 5.6% at $123.52 after accepting a $10.4 billion buyout offer from Amgen Inc. (NASDAQ: AMGN). Chinese wealth management firm Noah Holdings Ltd. (NYSE: NOAH) is down 16.6% at $13.76 following an analyst downgrade on worries about the company’s recurring revenues.
In all, 91 stocks put up new 52-week highs today, while just 14 stocks posted new lows.