REUTERS/Noah Berger
Thousands of revelers fill Castro St. in San Francisco, California to celebrate the United States Supreme Court's rulings on California's Proposition 8 and the federal Defense of Marriage Act June 26, 2013.Good morning. Here's what you need to know.Markets in Asia were mixed in overnight trading. The Japanese Nikkei 225 advanced 3.0%, the Hong Kong Hang Seng rose 0.5%, and the Shanghai Composite fell 0.1%. Most European markets are down slightly, although the Spanish market is showing bigger losses than the others, down 0.8%. In the United States, futures point to a positive open.Chinese industrial profits posted year-over-year gains of 15.5% in May, up from the 9.3% annual rate recorded in April. The profits of private businesses rose 17.9% year over year, while state-run firms posted only a 3.3% rise in profits, and the profits of foreign companies rose 14.7%.The June German unemployment report came in better than consensus estimates – the ranks of the unemployed fell by 12,000 in June after rising by 17,000 in May. Economists had predicted another rise of 8,000 this month. The unemployment rate was unchanged at 6.8%, defying expectations for a tick up to 6.9%.The eurozone consumer confidence index was unchanged in June at -18.8, as expected. The business climate indicator rose more than expected, but remained in negative territory. Industrial conference also posted better-than-expected gains, but remains negative. Services confidence unexpectedly worsened. The economic confidence index rose to 91.3 from 89.5, beating expectations for a smaller advance to 90.4.Revised GDP data revealed that the British economy did not dip into recession in the first quarter of 2012, as output was flat. However, the report also revealed that the downturn after the financial crisis was worse than previously thought, and output is still 3.9% below pre-crisis levels, and the annual GDP growth rate in the first quarter of 2013 was unexpectedly halved to 0.3%.Out at 8:30 AM ET are jobless claims figures for the week ended June 22. Economists predict initial claims fell to 345,000 from 354,000 in the previous week. Continuing claims for the week ended June 15 are expected to tick up to 2.957 million from 2.951 million the week before.Data on May personal income and spending figures are also out at 8:30. Economists predict incomes rose 0.2% in May after staying unchanged in April. Spending is expected to have risen 0.3% in May after falling 0.2% the month before.At 10 AM, data on May pending home sales are released. Economists predict pending home sales advanced 1.0% in May after rising 0.3% in April, bringing the annual growth rate down to 11.5% in May from 13.9%.Rounding out the data releases are the results of the Kansas City Fed's monthly manufacturing survey, due out at 11 AM. Economists predict the headline index advanced to 3 from last month's 2 reading, indicating an accelerating pace of expansion in manufacturing activity in an area which includes Colorado, Kansas, Nebraska, Oklahoma, Wyoming, and parts of western Missouri and northern New Mexico. Follow the data LIVE on Business Insider >The onslaught of speeches by Federal Reserve board members and regional bank presidents continues Thursday with an appearance by Fed Governor Jerome Powell, who is discussing monetary policy in Washington at 10:30 AM. Then, at 12:30, Atlanta Fed President Dennis Lockhart speaks on the economy in Georgia. Bill Dudley, the President of the New York Fed, is perhaps the most important: he gives a speech at 2 PM. Investors will be listening closely for any revelations related to the tapering timeline that Fed Chairman Ben Bernanke laid out in the FOMC press conference last Wednesday. Follow 10 Things Before the Opening Bell and never miss an update! Get updates in your Facebooknews feed.Get updates in your inbox.
Industry Accounting Airlines/Aviation Alternative Dispute Resolution Alternative Medicine Animation Apparel & Fashion Architecture & Planning Arts and Crafts Automotive Aviation & Aerospace Banking Biotechnology Broadcast Media Building Materials Business Supplies and Equipment Capital Markets Chemicals Civic & Social Organization Civil Engineering Commercial Real Estate Computer & Network Security Computer Games Computer Hardware Computer Networking Computer Software Construction Consumer Electronics Consumer Goods Consumer Services Cosmetics Dairy Defense & Space Design Education Management E-Learning Electrical/Electronic Manufacturing Entertainment Environmental Services Events Services Executive Office Facilities Services Farming Financial Services Fine Art Fishery Food & Beverages Food Production Fund-Raising Furniture Gambling & Casinos Glass, Ceramics & Concrete Government Administration Government Relations Graphic Design Health, Wellness and Fitness Higher Education Hospital & Health Care Hospitality Human Resources Import and Export Individual & Family Services Industrial Automation Information Services Information Technology and Services Insurance International Affairs International Trade and Development Internet Investment Banking Investment Management Judiciary Law Enforcement Law Practice Legal Services Legislative Office Leisure, Travel & Tourism Libraries Logistics and Supply Chain Luxury Goods & Jewelry Machinery Management Consulting Maritime Marketing and Advertising Market Research Mechanical or Industrial Engineering Media Production Medical Devices Medical Practice Mental Health Care Military Mining & Metals Motion Pictures and Film Museums and Institutions Music Nanotechnology Newspapers Nonprofit Organization Management Oil & Energy Online Media Outsourcing/Offshoring Package/Freight Delivery Packaging and Containers Paper & Forest Products Performing Arts Pharmaceuticals Philanthropy Photography Plastics Political Organization Primary/Secondary Education Printing Professional Training & Coaching Program Development Public Policy Public Relations and Communications Public Safety Publishing Railroad Manufacture Ranching Real Estate Recreational Facilities and Services Religious Institutions Renewables & Environment Research Restaurants Retail Security and Investigations Semiconductors Shipbuilding Sporting Goods Sports Staffing and Recruiting Supermarkets Telecommunications Textiles Think Tanks Tobacco Translation and Localization Transportation/Trucking/Railroad Utilities Venture Capital & Private Equity Veterinary Warehousing Wholesale Wine and Spirits Wireless Writing and Editing Privacy Policy Please Note: Business Insider will never share your information with any other companies. You also have the ability to unsubscribe from these newsletters at any time simply by following the unsubscribe link located at the bottom of each email To embed this post, copy the code below and paste into your website or blog.600px wide (preview)400px wide (preview) 300px wide (preview) Alerts Newsletter URL Recommended For You These Are The Biggest Changes Coming To Your iPhone These Are The Biggest Changes Coming To Your iPhone More: 10 Things Before Opening Bell Get Alerts for these topics » Matthew Boesler $('.icon-tooltip').tooltip(); The Damage Bernanke Has Done To Every Major Asset Class Since May 22 Advertisement:Join The Discussion OR Login With Facebook Login With Twitter Login With Google Submit the comment for Insider Status Comments Insiders0All Comments1 Apply To Be An "Insider" » Loading 10 Things You Need To Know Before The Opening Bell 10 Things You Need To Know Before The Opening BellFedpalooza continues, tons of U.S. data ... it's going to be a busy morning.
AdvertisementGet Markets Emails & AlertsLearn More »IndustryAccountingAirlines/AviationAlternative Dispute ResolutionAlternative MedicineAnimationApparel & FashionArchitecture & PlanningArts and CraftsAutomotiveAviation & AerospaceBankingBiotechnologyBroadcast MediaBuilding MaterialsBusiness Supplies and EquipmentCapital MarketsChemicalsCivic & Social OrganizationCivil EngineeringCommercial Real EstateComputer & Network SecurityComputer GamesComputer HardwareComputer NetworkingComputer SoftwareConstructionConsumer ElectronicsConsumer GoodsConsumer ServicesCosmeticsDairyDefense & SpaceDesignEducation ManagementE-LearningElectrical/Electronic ManufacturingEntertainmentEnvironmental ServicesEvents ServicesExecutive OfficeFacilities ServicesFarmingFinancial ServicesFine ArtFisheryFood & BeveragesFood ProductionFund-RaisingFurnitureGambling & CasinosGlass, Ceramics & ConcreteGovernment AdministrationGovernment RelationsGraphic DesignHealth, Wellness and FitnessHigher EducationHospital & Health CareHospitalityHuman ResourcesImport and ExportIndividual & Family ServicesIndustrial AutomationInformation ServicesInformation Technology and ServicesInsuranceInternational AffairsInternational Trade and DevelopmentInternetInvestment BankingInvestment ManagementJudiciaryLaw EnforcementLaw PracticeLegal ServicesLegislative OfficeLeisure, Travel & TourismLibrariesLogistics and Supply ChainLuxury Goods & JewelryMachineryManagement ConsultingMaritimeMarketing and AdvertisingMarket ResearchMechanical or Industrial EngineeringMedia ProductionMedical DevicesMedical PracticeMental Health CareMilitaryMining & MetalsMotion Pictures and FilmMuseums and InstitutionsMusicNanotechnologyNewspapersNonprofit Organization ManagementOil & EnergyOnline MediaOutsourcing/OffshoringPackage/Freight DeliveryPackaging and ContainersPaper & Forest ProductsPerforming ArtsPharmaceuticalsPhilanthropyPhotographyPlasticsPolitical OrganizationPrimary/Secondary EducationPrintingProfessional Training & CoachingProgram DevelopmentPublic PolicyPublic Relations and CommunicationsPublic SafetyPublishingRailroad ManufactureRanchingReal EstateRecreational Facilities and ServicesReligious InstitutionsRenewables & EnvironmentResearchRestaurantsRetailSecurity and InvestigationsSemiconductorsShipbuildingSporting GoodsSportsStaffing and RecruitingSupermarketsTelecommunicationsTextilesThink TanksTobaccoTranslation and LocalizationTransportation/Trucking/RailroadUtilitiesVenture Capital & Private EquityVeterinaryWarehousingWholesaleWine and SpiritsWirelessWriting and EditingBusiness Insider SelectMoney Game Select10 Things Before the Opening BellMoney Game Chart Of The DayMonday Scouting ReportMoreFeaturedBusiness Insider SelectTechnologySAI SelectMobile InsightsScience SelectAdvertising SelectAdvertising: The BriefSocial Media InsightsFinanceFinancial Advisor InsightsClusterstock SelectMoney Game SelectYour Money SelectSmart InvestorMonday Scouting ReportLifestyleThe Wire SelectThe Life SelectSports Page SelectGetting There SelectManagementRetail SelectBreaking NewsWar Room SelectEnterprise SelectCareers SelectInstant MBAMarketing MondaysPolitics and MilitaryPolitics SelectMilitary SelectLaw & Order SelectTop 10 Things & ListsLists Select10 Things In Tech You Need To Know10 Things Before the Opening BellClosing BellCharts of the DaySAI Chart Of The DayMoney Game Chart Of The DaySports Page Chart Of The DayYour Money NASDAQ Composite 3,376 +28.33 (+0.846%) S&P 500 1,603 +15.23 (+0.959%) NYSE Composite 9,067 +0 (+0%) LinkedIn Login Hot: LinkedIn In your networkWhy Local-Mobile Marketing Is Exploding
This Map Shows The Most Famous Brand From Every State
How A Great Google Workplace Turned Into A 'Nightmare'
Login with LinkedIn to see what your friends are reading on Business Insider.Login with LinkedIn No articles have recently been shared in your network.
More »
Welcome, !You are logged into FacebookSocial: Your Activity|These articles have been shared on your timeline. You can remove them here:OptionsNotify me when a story is shared.YesNo Welcome, ! You are logged in with Google Social: Your Activity| These articles have been added to your Google activity log. You can remove them here: Options Notify me when a story is shared. Yes No The Future Of MobileHere Are The Major Players In Mobile Advertising Inside The Rise Of Responsive Design And Its Pros And Cons As A Mobile StrategyWhy Local-Mobile Marketing Is ExplodingTrendingBusiness Insider To The TestHow People Reacted When They Learned They Were Eating Breast Milk LollipopsWe Recreated The Pepsi Challenge To See What People Really LikeWatch What Happened When The Writers At Business Insider Tried On Google Glass For The First TimeAdvertisementIn partnership with Find A JobTech JobsMedia JobsFinance JobsC-Level JobsDesign JobsSales JobsSee All JobsThanks to our partners * Copyright © 2013 Business Insider, Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Disclaimer Commerce Policy Powered by MongoDB Stock quotes by YCharts Ad Serving by 24/7 Open AdStream Made in NYC
0 comments:
Post a Comment