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Week Ahead Market Report: June 2, 2014

June 2, 2014

MarketNewsVideo.com



The US markets are mixed this afternoon, with the Dow up 0.10%, the S&P flat and the Nasdaq lower by 0.34% so far today. Some of the most actively traded stocks include Broadcom (BRCM) up 10.4%, Bank of America (BAC) up 0.76%, Facebook (FB) down 0.93% and Ariad Pharmaceuticals up 5.6%.

Good afternoon, this is Kristin Bianco with the Week Ahead Market Report for June 2, 2014.

In overseas trading, Japan's Nikkei 225 Stock Average was up 2.07%, and the Hang Seng was higher by 0.31%. In Europe on Tuesday, the FTSE 100 was higher by 0.29% and the German DAX was up 0.07% today.

In economic news, Factory Orders, Auto Sales and Truck Sales are released tomorrow, Trade Balance on Wednesday, Initial Claims on Thursday, and Nonfarm Payrolls and Unemployment Rate on Friday.

Companies releasing earnings this week include: ABM Industries and Dollar General on Tuesday, PVH Corp (PVH) on Wednesday, Ciena Corp and JM Smucker (SJM) on Thursday, and Piedmont Natural Gas Company (PNY) on Friday.

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

The preceding is a transcript of the MarketNewsVideo.com video published at: http://www.marketnewsvideo.com/?id=201406WeekAhead060214&mv=1.


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Source: MarketNewsVideo.com