U.S. stock futures traded lower this morning. Most media headlines focus on the swine flu outbreak, which have caused investors to worry about the potential economic impact.
In earnings news posted so far today, Verizon, Humana, and Corning reported first quarter results ahead of analyst estimate. This will be another heavy week of releases. Some of the big names will include: Bristol Myers Squibb, Pfizer, Office Depot, U.S. Steel, Visa, Colgate, Dow Chemicals, Exxon, Chevron, and many others.
There is no major economic data scheduled for release today and Fed officials are in a quiet period ahead of Wednesday's FOMC announcement. GDP data will also be released that day, followed by personal income and outlays and initial claims on Thursday. We end the week with consumer sentiment and manufacturing data.
- Harrington Wealth Management
- Our firm provides comprehensive trust and investment management services by employing a customized asset allocation approach. By focusing on the individuality of each client, Harrington Wealth Management Company has helped high net worth individuals, families, and small institutions grow and sustain their wealth through proven investment practices since 1994. A fee-only advisor, we also offer other financial services from our offices in California, Kansas and Indiana that include custody, estates, land trusts, probate administration, guardianships, personal trust administration, retirement plan services, and investment consulting services.
