Asian equity markets finished mostly higher on the final trading day of the week following another record close for the S&P 500 overnight.» Read More
U.S. stock index futures rose on Thursday, ahead of one of the heaviest days for U.S. and European second-quarter earnings.
July 24- Caterpillar Inc on Thursday reported higher-than-expected second-quarter earnings but sales fell despite a rebound in the building sector. Caterpillar, the world's largest maker of earth-moving equipment, raised its full-year profit outlook to $5.75 a share, from $5.55 a share.
Some of the names on the move ahead of the open.
PEORIA, Ill.— Caterpillar's second-quarter net income rose 4.1 percent even as revenue slipped. Caterpillar— which also makes power systems that include large electrical generators and locomotive engines— earned $999 million, or $1.57 per share, in the quarter.
Asian equity markets ended mixed on Thursday following gains in the morning session as attention turned to the region's earnings season.
An earnings deluge will hit the stock market Thursday, and analysts say that mostly good reports could continue to drive new highs.
Some of Wednesday's midday movers:
Caterpillar fell$. 17 or. 2 percent, to $110.06. Deere& Co. rose$. 76 or. 9 percent, to $88.40. Terex rose$. 86 or 2.2 percent, to $40.48.
U.S. stocks rose on Tuesday, building on gains after CPI rose in June, with sentiment also stabilized by encouraging earnings reports.
Caterpillar fell$. 08 or. 1 percent, to $110.15. Deere& Co. rose$. 87 or 1.0 percent, to $88.51. Terex rose $1.19 or 3.0 percent, to $40.81.
A long hoped for improvement in the economy appears to be manifesting in second-quarter U.S. earnings, but the next two weeks could be the real test.
SYDNEY, July 21- Most Asian stock markets edged higher on Monday as investors set aside geopolitical concerns for the moment to focus on the generally upbeat flow of U.S. corporate earnings ahead of a host of results due this week. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3 percent, with modest increases for most markets across Asia.
BEIJING— World stock markets remained on the back foot Monday as tensions grew between Russia and the West over the downing of an airliner in eastern Ukraine.
SYDNEY, July 21- Asian stocks were a fraction firmer on Monday as investors set aside geopolitical concerns for the moment to focus on the generally upbeat flow of U.S. corporate earnings ahead of a host of results due this week. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.24 percent, with small gains for most markets across Asia.
SYDNEY, July 21- Asian stock markets inched higher on Monday as investors set aside geopolitical concerns to focus on the generally upbeat flow of U.S. corporate earnings ahead of a host of results due this week. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.13 percent, while South Korea put on 0.4 percent.
Will this week's earnings reports really be enough to support the market?
Companies such as General Electric Co and Intel Corp have reported solid results. Intel declared that personal computer sales have stabilized, while it forecast third-quarter revenue above Wall Street's expectations.
The "Fast Money" traders explain which stocks they're watching ahead of earnings.
Even as traders monitor the world's hot spots, corporate earnings news could be a positive for stocks in the week ahead.
Stocks surged on Friday, reversing a sizable portion of the prior day’s losses. Where's the opportunity in the market?