Lots of Global Green Showing at USA Market Open 14 Jun 2013

June 14th, 2013
in Gary's blogging, market open, syndication

Gary continues to be under the weather - and Econintersect is therefore providing the market open from our syndication partner Investing.com:

European stocks were mixed Friday, after euro zone inflation data came in in line with expectations, while Thursday's better-than-expected U.S. economic reports continued to lead global equities higher.

During European afternoon trade, the EURO STOXX 50 inched 0.01% higher, France’s CAC 40 dipped 0.01%, while Germany’s DAX 30 added 0.22%.

Official data showed that consumer price inflation in the euro zone remained unchanged in May at an annualized rate of 1.4%, in line with expectations.

Follow up:

U.S. stocks open higher on Friday, even as a string of U.S. economic reports painted a mixed picture of the strength of the U.S. economic recovery, adding to uncertainty over the future of the Federal Reserve's stimulus program.

During early U.S. trade, the Dow Jones Industrial Average added 0.13%, the S&P 500 index edged up 0.16%, while the Nasdaq Composite index inched 0.01% higher.

In a preliminary report, the University of Michigan said its consumer sentiment index fell to 82.7 in June, from a reading of 84.5 the previous month. Analysts had expected the index to remain unchanged.

A separate report showed that industrial production in the U.S. was flat in May, confounding expectations for a 0.2% rise, after a 0.4% fall the previous month.

However, official data earlier showed that U.S. producer price inflation, including food and energy, rose 0.5% in May, beating expectations for a 0.1% rise, after a 0.7% decline the previous month.

Core producer price inflation rose 0.1% last month, in line with expectations, after a 0.1% gain in April.

Global Markets at 0945 EDT

 

Steven Hansen









Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.

















 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved