News Column

Week Ahead Market Report: June 16, 2014

June 16, 2014

The US markets are slightly higher this afternoon, with the Dow up 0.01%, the S&P up 0.06% and the Nasdaq higher by 0.10% so far today. Some of the most actively traded stocks include Covidien (COV) higher by 20.75%, Medtronic (MDT) down 1.2%, Fusion-io (FIO) up 23% and Bank of America (BAC) down 1%.

Good afternoon, this is Kristin Bianco with the Week Ahead Market Report for June 16, 2014.

In overseas trading, Japan's Nikkei 225 Stock Average was down 1.09%, and the Hang Seng was lower by 0.08%. In Europe on Tuesday, the FTSE 100 was lower by 0.34% and the German DAX was down 0.29% today.

In economic news, Housing Starts, Building Permits and CPI come out tomorrow, and Initial Claims on Thursday.

Companies releasing earnings this week include: Adobe Systems (ADBE) on Tuesday, Jabil Circuit (JBL) on Wednesday, Kroger (KR) on Thursday, and Darden Restaurants (DRI) on Friday.

Join us on Friday for the Weekly Market Wrap and have a wonderful week.

The preceding is a transcript of the video published at:

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