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Market News

Location American Market News for 2 April 2015
Power assets turnaround remain key for GMR Infrastructure GMR is deleveraging its balance sheet, but shareholders may see notable value when the power segment stops making losses or is on a definitive revival path
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Chicago Has Deep Dish of Debt Woes

Wall Street Journal - 2 Apr 2015 04:36
Some fear a multibillion-dollar pension-funding shortfall could undermine the city's already tenuous finances.
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Rate Increase Is a Job for the Fed

Wall Street Journal - 2 Apr 2015 23:11
Ahead of the Tape: Another strong showing for jobs should be a wake-up call for Chairwoman Janet Yellen and the Federal Reserve.
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Thursday Sector Laggards: Utilities, Technology & Communications In afternoon trading on Thursday, Utilities stocks are the worst performing sector, up 0.2%. Within that group, SCANA Corp (NYSE: SCG) and CenterPoint Energy, Inc (NYSE: CNP) are two large stocks that are lagging, showin...
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Oil prices plunged more than 4 percent Thursday after the U.S. and other world powers announced a preliminary agreement to ensure that Iran's nuclear program remains peaceful. The proposal sets a final deadline of June 3...
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NSE plans discounts on fees for brokers clocking high turnovers 25-60% discount on transaction charges to be offered to members, based on their daily turnover, for two months till 31 May
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Weekly Market Wrap: April 2, 2015

Forbes - 2 Apr 2015 21:24
The thirteenth full trading week of 2015 comes to a close with the Dow Jones, S&P 500 and NASDAQ composite all higher in early afternoon trading on Thursday.
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Slowing horticultural productivity can stoke inflationary pressures CPI-based inflation is creeping up again, largely because of rising food prices in the last couple of months
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Government's incremental approach leading to disillusionment: Philip Uglow The chief economist at MNI Indicators says businesses were expecting bolder and quicker reforms, but the govt's approach has led to slower legislative passage and implementation of reforms
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There are certain potential developments that could lead to a spike in the company's earnings potential, as well as its stock price. Specifically, these include Intuitive Surgical's ability to prove its cost-effectivenes...
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Though Micron expects the market conditions will remain favorable for its business in 2015, led by constrained supply in DRAM and solid demand for both DRAM and NAND, it expects its DRAM and NAND output growth to lag the...
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A sharp increase in demand for U.S. gas exports would boost benchmark Henry Hub gas prices that currently stand at $2.64 per mmBtu. If prices recover to levels of around $5 per mmBtu, seen around a year ago, and remain a...
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Almonds, avocados, artichokes, alfalfa - these foods may be easy on your belt, but as California's historic drought deepens, they'll get tougher on your wallet. The driest span on the West Coast in at least half a millen...
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U.S. stocks edged higher Thursday, with the Dow Jones Industrial Average briefly jumping more than 100 points in morning trading, after fewer Americans filed new claims for unemployment benefits last week. The data eased...
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Thursday's ETF with Unusual Volume: IYZ

Forbes - 2 Apr 2015 18:58
The iShares U.S. Telecommunications ETF (IYZ) is seeing unusually high volume in afternoon trading Thursday, with over 1.7 million shares traded versus three month average volume of about 344,000.  Shares of IYZ were up...
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Thursday's ETF Movers: ILF, GDXJ

Forbes - 2 Apr 2015 18:55
In trading on Thursday, the iShares Latin America 40 ETF (ILF) is outperforming other ETFs, up about 1.6% on the day.  Components of that ETF showing particular strength include shares of Companhia Energética de Minas ...
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In trading on Thursday, trucking shares were relative laggards, down on the day by about 2.8%.  Helping drag down the group were shares of Universal Truckload Services (UACL), off about 15.8% and shares of Saia (SAIA) d...
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In trading on Thursday, sporting goods & activities shares were relative leaders, up on the day by about 2.9%.  Leading the group were shares of 500.com (WBAI), up about 16.4% and shares of Speedway Motorsports (TRK) up...
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QQQ, RDVY: Big ETF Outflows

Forbes - 2 Apr 2015 16:57
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the PowerShares QQQ (QQQ), where 11,400,000 units were destroyed, or a 3.0% decrease ...
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3 Plays on Consumer Confidence

Forbes - 2 Apr 2015 16:56
3 Plays on Consumer Confidence The stock index futures recovered from the selling early Wednesday but still closed lower. Despite the losses in the major averages, the A/D ratios were positive. The market also reacted to the further drop in the ISM Ma...
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HEWG, EWV: Big ETF Inflows

Forbes - 2 Apr 2015 16:56
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares Currency Hedged MSCI Germany ETF (HEWG), which added 7,050,000 units, or a 15.7%...
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As emerging market debt crisis talk grows, some investors scoff There are logical concerns to express about the emerging market but they may be overblown
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