MarketWatch.com - Pre-Market Indications

Tuesday, April 13, 2010

Indications: Stock futures pare decline after economic reports

Stock Assault 2.0 - Artificial Intelligence Stock Market Software Alert Email Print

By Steve Goldstein & Kate Gibson, MarketWatch

NEW YORK (MarketWatch) -- U.S. stock futures edged lower Tuesday after Alcoa Inc. kicked off earnings season with an unimpressive result, with investor sentiment lifted a little after economic data on import prices and the trade deficit.

S&P 500 futures were flat at 1,192.6 and Nasdaq 100 futures dropped 1.5 points to 1,991. Futures on the Dow Jones Industrial Average fell 3 points.

TODAY'S INTERNATIONAL MARKET STORIES

Global Dow

• MarketWatch Topics: Greece • Asia Markets | Europe Markets | LatAm Markets • Canadian Markets | Israel Stocks | London • U.S.: Market Snapshot | After Hours

Tools• Latin American/Canadian indexes • European indexes | Asian indexes

More on the Markets • Bond Report | Oil News | Earnings Watch • Currencies | U.S. Economic Calendar

/conga/story/misc/international.html 53366

U.S. stocks ended higher Monday for the third straight session, with the S&P 500 and Nasdaq Composite rising by 0.2% each and the blue chip Dow Jones Industrial Average finishing above the 11,000 level. A number of deals and the outlines of a potential Greek rescue package were supportive for stocks.

Alcoa /quotes/comstock/13*!aa/quotes/nls/aa (AA 14.20, -0.37, -2.54%) after markets closed on Monday reported a $201 million first-quarter loss on weaker-than-forecast revenue. See First Take on Alcoa results.

Alcoa shares dipped 1.4% in premarket trade.

Intel Corp. /quotes/comstock/15*!intc/quotes/nls/intc (INTC 22.56, +0.02, +0.09%) is the next heavyweight to report, with the world's largest chip maker slated to report after the close of trade Tuesday.

Overseas, Indian software giant Infosys Technologies /quotes/comstock/15*!infy/quotes/nls/infy (INFY 61.98, +0.55, +0.90%) reported a 1% drop in profit during the three months through March but projected fiscal-year revenue to grow between 16% and 18%. French luxury-goods giant LVMH Moet Hennessy reported a stronger-than-forecast 11% revenue rise during the first quarter.

Lenders Regions Financial /quotes/comstock/13*!rf/quotes/nls/rf (RF 8.42, -0.33, -3.72%) and KeyCorp /quotes/comstock/13*!key/quotes/nls/key (KEY 7.96, -0.39, -4.62%) fell in premarket trade after UBS downgraded them to sell.

On the economics front, the government reported the trade deficit widened in February, while import prices gained 0.7% in March.

"With the slowly improving U.S. economy and U.S. consumers beginning to spend again, whether due to pent up demand or something more, the U.S. trade deficit is back near its highest level since Dec '08," said Peter Boockvar, equity strategist at Miller Tabak.

Activist exchange-traded funds

A new generation of ETFs borrows techniques from actively managed mutual funds to try to beat their benchmarks.

Greece was able to sell 26-week and 52-week bills at big bid-to-cover rates but with yields of 4.55% and 4.85%, respectively.

Asian stocks dropped Tuesday as technology shares fell ahead of the Intel report, with the Nikkei 225 dropping 0.8% and other markets also finishing lower.

In Europe, losses were extended after the Greek bill auction, and the euro /quotes/comstock/21o!x:seurusd (CUR_EURUSD 1.3580, -0.0006, -0.0442%) was trading below $1.36. See Greece story.

Oil futures traded below $84 a barrel, and platinum and silver futures dropped sharply.

Steve Goldstein is MarketWatch's London bureau chief. Kate Gibson is a reporter for MarketWatch, based in New York.


Indications: U.S. futures sag after Alcoa report

Stock Assault 2.0 - Artificial Intelligence Stock Market Software Alert Email Print

By Steve Goldstein, MarketWatch

LONDON (MarketWatch) -- U.S. stock futures pointed lower Tuesday after Alcoa kicked off earnings season with an unimpressive result.

S&P 500 futures fell 2.8 points to 1,189.80 and Nasdaq 100 futures dropped 5.75 points to 1,986.70. Futures on the Dow Jones Industrial Average fell 23 points.

TODAY'S INTERNATIONAL MARKET STORIES

Global Dow

• MarketWatch Topics: Greece • Asia Markets | Europe Markets | LatAm Markets • Canadian Markets | Israel Stocks | London • U.S.: Market Snapshot | After Hours

Tools• Latin American/Canadian indexes • European indexes | Asian indexes

More on the Markets • Bond Report | Oil News | Earnings Watch • Currencies | U.S. Economic Calendar

/conga/story/misc/international.html 53366

U.S. stocks ended higher Monday for the third straight session, with the S&P 500 and Nasdaq Composite rising by 0.2% each and the blue chip Dow Jones Industrial Average finishing above the 11,000 level. A number of deals and the outlines of a potential Greek rescue package were supportive for stocks.

Alcoa /quotes/comstock/13*!aa/quotes/nls/aa (AA 14.57, +0.18, +1.25%) after markets closed on Monday reported a $201 million first-quarter loss on weaker-than-forecast revenue. See First Take on Alcoa results.

Alcoa shares dipped 2% in premarket trade.

Intel /quotes/comstock/15*!intc/quotes/nls/intc (INTC 22.54, -0.01, -0.05%) is the next heavyweight to report, with the world's largest chipmaker slated to report after the close of trade Tuesday.

Overseas, Indian software giant Infosys Technologies /quotes/comstock/15*!infy/quotes/nls/infy (INFY 61.43, +0.47, +0.77%) reported a 1% drop in profit during the three months through March but projected fiscal year revenue to grow between 16% and 18%. French luxury goods giant LVMH Moet Hennessy reported a stronger-than-forecast 11% revenue rise during the first quarter.

Lenders Regions Financial /quotes/comstock/13*!rf/quotes/nls/rf (RF 8.74, +0.15, +1.75%) and KeyCorp /quotes/comstock/13*!key/quotes/nls/key (KEY 8.34, -0.01, -0.12%) fell in premarket trade after UBS downgraded them to sell.

On the economics front, February trade balance data is due for release.

Activist exchange-traded funds

A new generation of ETFs borrows techniques from actively managed mutual funds to try to beat their benchmarks.

Greece was able to sell 26-week and 52-week bills at big bid-to-cover rates but with yields of 4.55% and 4.85%, respectively.

Asian stocks dropped Tuesday as technology shares fell ahead of the Intel report, with the Nikkei 225 dropping 0.8% and other markets also finishing lower.

In Europe, losses extended after the Greek bill auction, and the euro /quotes/comstock/21o!x:seurusd (CUR_EURUSD 1.3613, +0.0027, +0.1987%) was trading below $1.36. See Greece story.

Oil futures traded below $84 a barrel, and platinum and silver futures dropped sharply.

Steve Goldstein is MarketWatch's London bureau chief.


NYSE Arca Morning Update - 08:30:00 ET

NYSE Arca Morning Update for Tuesday, Apr 13, 2010 :

STOCKS TRADING ON NYSE Arca AT A PRICE 15% OR MORE AWAY FROM
THE PREVIOUS TRADE DAY'S CONSOLIDATED CLOSE PRICE (AS OF 08:30:00 ET)

Stock Monday's Close Current Price Pct Change Current NYSE ARCA Vol
ABK $2.25 $2.90 28.7% 3,627,760
OLP $18.20 $14.33 (21.2%) 150
ULTA $23.20 $19.39 (16.4%) 200


10 MOST ACTIVE STOCKS ON NYSE ARCA AS OF 08:30:00 ET

BASED ON DOLLARS TRADED: | BASED ON SHARES TRADED:
Stock $ Volume Price PctChg | Stock Share Vol Price PctChg
SPY $93,545,709 $119.65 ( 0.1%) | ABK 3,627,760 $2.90 28.7%
AA $23,169,754 $14.40 ( 1.2%) | C 3,622,423 $4.64 0.0%
C $16,750,823 $4.64 0.0% | FNM 2,141,809 $1.37 10.5%
ABK $9,918,088 $2.90 28.7% | AA 1,617,412 $14.40 ( 1.2%)
GLD $6,502,486 $113.13 0.1% | AGEN 933,953 $1.38 45.1%
QQQQ $6,175,161 $49.01 ( 0.1%) | SPY 783,222 $119.65 ( 0.1%)
AIG $4,108,928 $41.44 0.6% | FRE 700,375 $1.65 5.8%
AAPL $3,885,152 $241.85 ( 0.2%) | PALM 352,272 $5.83 ( 3.3%)
FNM $2,854,328 $1.37 10.5% | MIPI 295,222 $4.38 194%
NOK $2,826,131 $15.21 0.7% | BPOP 246,890 $3.40 11.8%


Price changes may be affected by symbol splits and dividends.

Consolidated close price is the last print (excluding prints with trade
conditions) prior to 4PM ET.

This information is also updated on our web page every morning at 8:35ET:
http://www.tradearca.com/data/volume/daily_update.asp

This material is for informational purposes only.
NYSE Euronext and its affiliates ("NYSE Arca") are not soliciting any action based upon it.
This material is not to be construed as an offer to buy or sell any security in any jurisdiction where such an offer or solicitation would be illegal.
Any opinions expressed in this material are NYSE Arca opinions only.
NYSE Arca undertakes no obligation to update any of the information contained in this material in light of new information or future events.
THIS MATERIAL IS PROVIDED BY NYSE ARCA "AS IS" AND WITHOUT WARRANTIES EXPRESS OR IMPLIED.
NYSE ARCA DISCLAIMS ALL WARRANTIES INCLUDING THE IMPLIED WARRANTIES OF MERCHANTIBILITY, TITLE, AND FITNESS FOR A PARTICULAR PURPOSE AS TO THIS MATERIAL.
IN NO EVENT SHALL NYSE ARCA BE LIABLE FOR DIRECT, INDIRECT, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES OF ANY KIND WHATSOEVER (INCLUDING BUT NOT LIMITED TO, LOST PROFITS, TRADING LOSSES AND DAMAGES THAT MAY RESULT FROM THE USE
OF THIS MATERIAL, ANY DELAY OR INTERRUPTION OF SERVICE OR OMISSIONS OR INACCURACIES IN THE MATERIAL) WITH RESPECT TO THIS MATERIAL.

Copyright [2010] by NYSE Euronext. All rights reserved. Reproduction and redistribution prohibited without prior express consent.

Pre Market Movers - Futures Trading - Nasdaq - NYSE

Subscribe to "The $t0ckman" via email

Enter your email address:

Delivered by FeedBurner