STOCKS FALL, RUSSIA HIT WITH FRESH SANCTIONS: Here’s What You Need To Know – Yahoo Finance
Deutsche’s capital position improved materially as a result of its capital raise and a dearth of negative surprises, and we now think that the bank is close to being fully capitalized. Deutsche’s Common Equity Tier 1 ratio increased to 11.5% from 9.5% in the trailing quarter and its common tangible equity ratio, as we calculate it, increased to 4.3% from 3.7% in the trailing quarter. Foreign Markets European markers were higher on the day. In late trading, the FTSE 100, Paris CAC and Germanys DAX were up 0.3%, 0.5% and 0.6% respectively. Asian shares were also higher today.
The MSCI Asia Pacific Index (MXAP) traded at 13.7 times estimated earnings yesterday compared with 16.5 for the Standard & Poors 500 Index, according to data compiled by Bloomberg. Of the companies on the Asia-Pacific benchmark gauge that have posted results since the beginning of July and for which Bloomberg has estimates, 60 percent beat earnings expectations. Futures on the S&P 500 fell 0.1 percent today. The U.S. benchmark index closed little changed yesterday as data showing better-than-forecast economic growth was offset by weaker earnings and the Feds decision to keep trimming asset purchases.
Stocks Higher But Little Changed – Yahoo Finance
Send Thanks! A link has been sent. Done Stocks Higher But Little Changed By Myles Udland 1 hour ago 0 shares REUTERS/Russell Cheyne Stocks are higher, but off their best levels from early in the session. The Dow is up 28 points, the S&P 500 is up 2 points, and the Nasdaq is up 15 points.
CANADA STOCKS-Futures indicate lower open ahead of GDP data – Yahoo Finance
September futures on the S&P TSX index were down 0.18 percent at 0715 ET. GDP numbers are due at 0830 ET. The economy is expected to grow by 0.3 percent in May, after it came in lower than expected at 0.1 percent in April. The TSX index closed at a record high on Wednesday, boosted by positive U.S. economic data and the Federal Reserve’s commentary on the outlook for monetary policy.
Asian Stocks Poised for Third Monthly Gain After U.S. GDP – Bloomberg
Stocks closed the session mixed, but little changed, as some economic data reported this morning came in mixed, another wave of corporate earnings were reported, and the U.S. and EU announced sanctions against Russian companies. http://www.todayhotstocks.com First, the scoreboard: S&P 500: 1,969.95, -9, (-0.4%) Nasdaq: 4,442.70, -2.2, (-0.05%) And now, the top stories on Tuesday: 1. The Conference Board’s consumer confidence index for July rose to 90.9 from 85.2 in June, the index’s highest reading since October 2007.