Tuesday, November 3, 2015

Wall Street: a weak note pre-opening. – L’Express

New York Stock Exchange is expected to open on a weak note Tuesday morning due to the absence of major indicators in the program and an earnings season which is nearing its end.

A half hour before opening, futures on major US indices losing between 0.1% and 0.3%, premise of an opening in the red.

Always concerned about the timing of the Fed raising rates, investors are more than ever focused on any clues that could shed light on the health of the economy.

As such, statistics of industrial orders, whose publication is planned shortly after opening, is expected down 1% in September after falling 1.7% the month previous.

It is the only economic indicator on the menu today.

On the corporate side, the earnings season coming to an end and 77% of S & amp components; P 500 have already published their quarterly, with average figures 5% better than expected.

‘We see that the results exceed expectations but the outlook is a little worse than expected, and margins held up well in the face of sluggish sales figures, the winners being rewarded and sanctioned losers’, summarize the Morgan Stanley teams.

The US investment bank highlights in particular good students in the areas of energy, health (Biogen) and technology (Apple, Google).

This morning, Kellogg has reported a net profit down 8% for the third quarter and confirmed its earnings outlook for the year 2015.

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