Good morning. Happy Monday. Hope you had a good weekend.
The Asian/Pacific markets got hit hard. Japan, China, Hong Kong, South Korea, New Zealand, India, Taiwan, Australia, Malaysia, Singapore and the Philippines all suffered big losses. Europe, Africa and the Middle East are currently mostly down. Hungary is up, but Poland, France, Turkey, Germany, the UAE, Russia, Greece, South Africa, Finland, Norway and Austria are down a bunch. Futures in States were down big overnight but are now pointing at a positive open for the cash market.
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List of Indexes and ETFs – here
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The dollar is up. Oil and copper are down. Gold and silver are down. Bonds are mixed.
Overnight Stock Movers from barchart.com…
Facebook (FB -1.58%) gained more than 1% in after-hours trading when it announced a new $9 billion stock buyback program.
Papa John’s (PZZA -1.62%) may see support after an SEC filing released after the close Friday showed founder John Schnatter engaged a financial adviser Nov 30 to “assist him in reviewing the financial prospects of the company and in assessing alternatives for increasing shareholder value,” including merger or other corporate transactions.
Fluor (FLR -2.17%) won a $145.7 million contract from the U.S. Army for the building of a weapons storage and maintenance facility in Laramie, WY.
Hillenbrand (HI -2.70%) may move higher initially this morning after its board authorized a new $200 million stock buyback program.
Today’s Economic Calendar
10:00 Job Openings and Labor Turnover Survey
12:30 PM TD Ameritrade IMX
Other…
today’s upgrades/downgrades from briefing.com
this week’s Earnings from Morningstar
this week’s Economic Numbers/Reports powered by ECONODAY
One thought on “Before the Open (Dec 10)”
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The a/d line looks awful for the NASDAQ. It looks good for the Russell