Alessandra Priante's appointment perfectly aligns with the objective of the new ENIT to bolster the attractiveness of Italy's tourism offerings
Demand for long-lasting US manufactured goods rose sharply more than expected in May and a gauge of business spending plans increased, but decelerating global growth suggests the momentum might not be sustained.
Durable goods data “was better than expected, which is surprising to see since recent economic reports have been less positive. I’m still concerned we’ll see a third summer of an economic deceleration,” said David Carter, chief investment officer at Lenox Wealth Advisors in New York.”
“While this is an important number, news out of Europe is still dominating equity markets.”
Few anticipate anything concrete to emerge from the two-day European Union meeting that kicks off Thursday after German Chancellor Angela Merkel said debt sharing, an idea backed by France, Italy and Spain, would not happen in her lifetime.
“This is like a slow motion car accident occurring over there and the market has certainly set this into prices,” said Robert Pavlik, chief market strategist at Banyan Partners LLC in Palm Beach Gardens, Florida, about the EU summit.
S&P 500 futures rose 0.5 points and were slightly above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration of the contract. Dow Jones industrial average futures fell 1 point, and Nasdaq 100 futures were mostly flat.
Some of Wall Street’s top analysts have published their research on Facebook Inc and most are cautiously optimistic. Facebook shares fell 2.6 percent to $32.25 in premarket trading after gaining more than 20 percent in the past two weeks.
Shares of Lennar Corp rose 3.5 percent to $28.36 premarket after the US homebuilder reported a rise in new orders for the fifth straight quarter and said a slow and steady recovery was underway in the housing market.
A US judge on Tuesday backed Apple’s request to stop Samsung selling its Galaxy Tab 10.1 tablet in the United States, giving the iPhone maker a significant win in the global smartphone and tablet patent wars. Apple shares edged up in premarket trading.
Google will soon unveil a tablet co-branded with Taiwan’s Asustek Computer and priced to compete with Amazon’s Kindle Fire device, an Asustek executive said.
Shares of O-Reilly Automotive tumbled 17.6 percent to $79.44 premarket a day after the auto parts retailer revised its outlook.
Alessandra Priante's appointment perfectly aligns with the objective of the new ENIT to bolster the attractiveness of Italy's tourism offerings
Pressure mounts in the cash-strapped country for the hundreds of thousands refugees to go home
Heavy rainfall impacted DXB operations significantly on April 16 and consecutive days, disrupting flight schedules and baggage handling
Six WSL games played at the Emirates this season were watched by an average crowd of just over 52,000
Notable MPs voting in favour of the amendment include former PM Theresa May and Elphicke, who defected from Conservatives to Labour last week
The former captain made his comeback to T20 international cricket after a gap of nearly a year this month in the home series against Zimbabwe
Authorities urged public to avoid direct exposure to dust and dirt and follow weather forecasts
Availability of spare parts and the magnitude of the damage are the two most critical factors that might contribute to turnaround time