Stock:
Symbol Lookup
Register | Login
...
History
...
...

Pre Market | Dow Jones | Gold | Newsletters | Learn


Stocks Gain in Early Trading

Tuesday, June 4, 2013 9:40 AM
U.S. stocks edged higher in early trading on Tuesday, taking a cue from European equities. At last check, the DJIA added 0.12%, NASDAQ Composite Index advanced 0.19% while the S&P 500 Index gained 0.16%. According to the U.S. Commerce Department, nation’s trade deficit widened to $40.3 billion in April from $39 billion in March; however, the increase in the trade deficit was less-than-expected. Economists polled by Reuters were expecting it at $41 billion. Shares of Dollar General Corp. (NYSE: DG) slumped in early trade. Although the discount retailer’s fiscal first quarter results came in-line with analysts’ expectation, the Company lowered its full-year earnings guidance, citing slower sales growth. Shares of Ulta Salon, Cosmetics & Fragrance Inc. (NASDAQ:ULTA) will be under pressure on Tuesday after analysts at Goldman Sachs downgraded the beauty retailer’s stock to “neutral” from “buy”, citing that the firm needs to invest more in information technology to benefit from growing opportunities from e-commerce business. Shares of CME Group (NASDAQ: CME) edged up in early trade after analysts at Wells Fargo upgraded the stock to “outperform” from “marketperform”. Shares of ABM Industries Inc. (NYSE: ABM) rallied in early trade after the integrated building security solutions provider reported 65% jump in fiscal second quarter net income, late last evening. Revenue was boosted by some recent acquisitions. The Company also boosted its full-year earnings guidance. Elsewhere in Europe, all leading benchmark indexes were trading higher with pan European Stoxx 600 Index up 0.44%, at last check. Spain’s benchmark average Ibex 35 was climbing 1.25% as mood was buoyed up after an economic survey showed that the unemployment level decreased.  
PRINT

FREE Options Trading Lessons
I'll show you how to unlock HUGE Gains with Options Trading
Let's make 2014 the year you get RICH!

Latest Headlines

China should set lower 2015 GDP growth target of 6.5-7 percent: IMFChina should set lower 2015 GDP growth target of 6.5-7 percent: IMF
BEIJING (Reuters) - China should set an economic growth target of 6.5-7 percent for 2015, below its goal for 2014, and refrain from stimulus measures unless activity threatens to slow sharply from tha...
Apple to lay off about 200 people at Beats: BloombergApple to lay off about 200 people at Beats: Bloomberg
(Reuters) - Apple Inc intends to lay off about 200 people at Beats Electronics LLC following its $3 billion acquisition of the headphone and music streaming services company, Bloomberg cited a person ...
Exclusive: Cuomo intervened in BNP deal to get $1 billion more for NY state fundExclusive: Cuomo intervened in BNP deal to get $1 billion more for NY state fund
(Reuters) - Only days before U.S. authorities reached a landmark $8.97 billion settlement with BNP Paribas over the bank’s dealings with countries subject to U.S. sanctions, New York Governor Andrew...
Exclusive: Cuomo intervened in BNP deal to get $1 billion more for NY state fundExclusive: Cuomo intervened in BNP deal to get $1 billion more for NY state fund
(Reuters) - Only days before U.S. authorities reached a landmark $8.97 billion settlement with BNP Paribas over the bank’s dealings with countries subject to U.S. sanctions, New York Governor Andrew...
Yum says China food safety scare hurting KFC, Pizza Hut salesYum says China food safety scare hurting KFC, Pizza Hut sales
(Reuters) - Yum Brands Inc <YUM.N> on Wednesday said a television expose showing improper meat handling by one of its Chinese suppliers caused "significant, negative" damage to sales at its KFC ...

Loading Headlines...
 

Stock Market

Track the stock market today with the latest news and information on all things investing! Watch your stocks perform throughout the day and watch the breaking stock market news.

Feedback | disclaimer | privacy policy

Stock Market News

The Stock Market is ever changing. Keep up on your stock market news.

Stock Market Newsletters

Read up on your favorite stock market newsletters.


Learn the Stock Market

Sharper your stock trading skills with our stock market education section.