July 24- Pandora Media Inc forecast current quarter adjusted profit below analysts' estimates as it plans to plow money back into the business. Pandora forecast adjusted profit of 5- 8 cents per share on revenue of $235- $240 million for the third quarter ending September.» Read More
*Apple shares to open lower after muted iPhone sales, outlook. *Technology stocks were set for a lower open following disappointing quarterly results from Apple Inc. The stock was set to open 7 percent lower after iPhone sales in the holiday shopping season missed lofty expectations and the company forecast weak revenue for the current quarter.
A Reuters survey of five analysts, taken ahead of weekly inventory reports from the American Petroleum Institute and the U.S. Energy Information Administration, forecast crude stocks climbed an average of 2.7 million barrels in the week ended Jan. 24.
*Caterpillar profit stronger than expected; shares rally. Caterpillar Inc, however, limited the losses of the Dow and S&P 500. The stock jumped 5.9 percent to $91.29 after the maker of mining and construction equipment reported a stronger-than-expected quarterly profit.
The sector was weighed down Friday by Kansas City Southern, down 15 percent after the railroad's quarterly earnings missed Wall Street expectations, but other components also slumped, making the move lower more convincing.
*Caterpillar profit stronger than expected; shares rally. Limiting losses in the Dow and S&P 500, however, was Caterpillar.
*MSCI world stock index at lowest level in more than month. NEW YORK, Jan 27- Emerging market equities hit a five-month low on Monday to lead a global stocks sell-off, while Wall Street failed to hold slight gains as sentiment soured.
NEW YORK, Jan 27- U.S. "You're seeing more people looking to take profits in front of the expected $10 billion taper announcement on Wednesday," said Jason Rogan, managing director of Treasury trading at Guggenheim Securities in New York. In December, the Fed reduced its monthly purchases of Treasuries and mortgage-backed securities by $10 billion to $75 billion.
*MSCI world stock index at lowest level in more than month. NEW YORK, Jan 27- Emerging market equities fell to their lowest levels in nearly five months on Monday to lead a global stocks selloff, while Wall Street struggled to hold on to slight gains as sentiment soured.
*Caterpillar profit stronger than expected, shares rally. *Apple earnings due after markets' close. NEW YORK, Jan 27- The S&P 500 and Nasdaq extended last week's selling on Monday after weaker-than-expected new home sales data and ongoing concerns about emerging markets, while the Dow gained with shares of Caterpillar on strong earnings.
*MSCI world stock index at lowest level in more than month. NEW YORK, Jan 27- Emerging market equities posted their largest drop in almost seven months on Monday to lead a global stocks sell-off, while Wall Street pared early gains as sentiment continued to sour.
NEW YORK, Jan 27- U.S. "The market is already skittish," said Wilmer Stith, portfolio manager at Wilmington Trust in Baltimore. The U.S. Commerce Department said sales fell to a seasonally adjusted annual rate of 414,000 units.
*MSCI world stock index at lowest level in more than month. NEW YORK, Jan 27- Emerging market equities posted their largest drop in five months on Monday to lead a global stocks sell-off, while Wall Street pared early gains as sentiment continued to sour.
*Caterpillar profit stronger than expected, shares rally. The Dow industrial average was outperforming the broader market thanks to Caterpillar Inc which reported better-than-expected results.
Jan 27- Teamsters union members have approved YRC Worldwide Inc's revised labor contract, clearing the way for the struggling trucking company to proceed with its refinancing plans, sending its shares up 13 percent before the bell.
"Results are running light, and negative announcements have been off the hook," one analyst said amid a spate of disappointing reports.
E-Trade's system crashed Wednesday, leaving furious clients unable to execute trades just ahead of a market-moving indicator.
Ford said it expects lower pretax profit in 2014, and that targets for global automotive operating margin are at risk.
Investors are fleeing the U.S. municipal bond market as it shrank to $3.6 trillion in the third quarter of 2013, the smallest since the end of 2009.
Sears Holdings said Friday that it will spin off its Lands' End clothing business as a separate company by distributing stock to the retailer's shareholders.
The S&P 500 is on track to reach 2,000, but the start of Fed tapering could provoke a fall of 10 percent or more, warned a senior investment analyst.