Stocks Lack Direction; Schnitzer Steel Jumps 16% on Earnings
The major indices fluctuated around the flatline this morning.
Investors are cautious ahead of second earnings, which will be led
by Alcoa today after the close.
Crude oil futures for August delivery fell 1.1%
to $72.01 per barrel. Gold
futures for August delivery added 1.3% to $663.50 an ounce.
Around Asia, Shanghai’s Composite index rose 2.7% to 3,883.22,
Hong Kong’s Hang Seng rose 1.3% to 22,817.43, and Tokyo’s Nikkei
gained 0.7% to 18,261.98.
TradingMarkets subscribers have access to
16 quantitative
stock indicators and another
17 quantitative market bias indicators. These indicators are derived from
our proprietary database that includes millions of trades, and designed to give
you a short-term trading edge.
Each day, we provide free open access to one of these proprietary stock
indicators. If you would like to access all 16 stock indicators, 17 market bias
indicators, along with many other tools, click here for a free
7-day TradingMarkets trial.
Stocks in Motion |
|
|
| Market Snapshot | ||||||||||||||||||||||||||||||||||||||||||||
|
|
Strongest/Weakest Sectors |
||||||||
|
Â
Economic News |
|
|
Darren Wong
Associate Editor
darrenw@tradingmarkets.com