Earnings of US companies continue to be reported - generally lower, with weaker outlooks. For the week, S&P e-Futures declined 40 points.
Next week(April 14-18), bellweather earnings announcements are due from Intel(INTC), International Business Machines(IBM), JP Morgan Chase(JPM), Merrill Lynch & Co(MER), Wells Fargo & Co.(WFC), Google(GOOG) and Citigroup(C).
Tuesday April 15 is the deadline for filing a US federal tax return.
The Nasdaq-100 futures chart :
2 responses so far ↓
1
Anjuli
// Apr 13, 2008 at 5:39 pm
So what do you think about that? Why are they lower with weaker outlooks? What does this mean? Tell me something I can’t read in the news.
2
mano
// Apr 16, 2008 at 9:59 pm
This is a journey and education . . so stay with it and I will explain as I go along . . so keep it up . . need inquiring minds that want to know.
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