After a solid week of gains, Wall Street appeared ready for a strong start amid talk about increased merger and acquisition activity. Global stocks also rose and the dollar fell after the Group of 20 pledged to keep stimulus in place until recovery was assured.
There are no major economic releases on the calendar today or Tuesday, but the Treasury begins another week of auctions. The most notable earnings of the day will come after the bell, as we get numbers from Electronic Arts, Fluor, and MBIA. Tyco, Beazer, and Vodafone are among those reporting tomorrow.
On Wednesday, the bond markets, government offices and many banks are closed in observance of Veterans Day, but the stock market will remain open. Wal-Mart Stores reports earnings before the open on Thursday, while Walt Disney announces after the close. Government readings on weekly jobless claims, weekly crude inventories, and the October Treasury budget are also due that morning. On Friday, the September trade balance is due out along with the University of Michigan’s sentiment index for November.
- 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.
