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

Amazon's eroding tax advantage, bid to sustain growth in focus in first quarterAmazon's eroding tax advantage, bid to sustain growth in focus in first quarter
SAN FRANCISCO (Reuters) - Amazon.com Inc`s quarterly results on Thursday may heighten worries that its edge over online and even traditional brick-and-mortar rivals is narrowing as it charges sales ...
AT&T margin weakness fuels concern about U.S. cellular sectorAT&T margin weakness fuels concern about U.S. cellular sector
NEW YORK (Reuters) - Increasingly aggressive discounting is taking a toll on AT&T Inc and U.S. cellular rivals as they struggle to attract customers in a nearly saturated market. While recent ...
Telekom Austria proves slippery target for SlimTelekom Austria proves slippery target for Slim
VIENNA (Reuters) - Tycoon Carlos Slim stumbled in his bid for control of Telekom Austria <TELA.VI> on Wednesday, as a meeting designed to rubber-stamp a co-ownership deal with the Austrian gov...
ECB's Nowotny says would not rule out QE, but don't need it yetECB's Nowotny says would not rule out QE, but don't need it yet
VIENNA (Reuters) - European Central Bank policymaker Ewald Nowotny said he would not rule out a quantitative easing (QE) - or money printing - program to buy sovereign bonds, but the time for such a s...
Ahead of earnings, Caterpillar dealer data paints mixed pictureAhead of earnings, Caterpillar dealer data paints mixed picture
(Reuters) - Caterpillar Inc <CAT.N> released unaudited dealer sales data on Wednesday that showed a deepening deterioration in global demand for its mining equipment but a continued, albeit mode...

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.