Crude Gains Amid Robust Q3 GDP Data (USO) (OIL)
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- Wall St rebounds with broad gains as oil slides sharply
- Brent hits lowest since before start of Iran war as more tankers exit Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- JPMorgan raises S&P 500 target to 7,800, says earnings revision ’unprecedented’
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Nov. Durable Goods Orders -0.7% vs 3% Expected, Ex-Trans -0.4% vs 1%
December 23, 2014 8:30 AM ESTNov. Durable Goods Orders -0.7% vs 3% Expected, Ex-Trans -0.4% vs 1%
UPDATE - More from the U.S. Census Bureau:
New orders for manufactured durable goods in November decreased $1.7 billion or 0.7 percent to $242.3 billion, the U.S. Census Bureau announced today. (Consensus estimates called for a 3 percent increase.)... More
Q3 GDP 5% vs 4.3% Expected
December 23, 2014 8:30 AM EST(Updated - December 23, 2014 8:33 AM EST)
Q3 GDP 5% vs 4.3% Expected. It was the fast growth since 2003.
UPDATE - More from the Bureau of Economic Analysis:
Real gross domestic product -- the value of the production of goods and services in the United States, adjusted for price changes -- increased at an annual rate of 5.0... More
