Market news
25.04.2011, 13:15

Before the bell: Stocks poised to continue rally

U.S. stocks were poised to head higher at Monday's open as investors continued to focus on earnings reports and awaited the latest data on the housing market.
After strong earnings propelled the Dow to a near 3-year high in the prior week, investors were looking to extend the rally Monday. The last week in April brings earnings reports from nine Dow components and 180 members of the S&P 500, including Netflix (NFLX) after Monday's close.
The market was closed Friday in observance of Good Friday.

Economy: Monday also brings the latest data on new home sales, released by the Census Bureau at 14:00 GMT.
Economists expect new home sales rose to a seasonally adjusted annual rate of 280,000 units in March from a 250,000-unit rate in February.
Companies: Netflix (NFLX) will announce first-quarter results after the closing bell. Analysts expect the online movie rental company's profit to surge almost 80%, as sales climb 43% from a year earlier.

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location