S&P 500 Slips Back Below Key 2,000 Level on Political Unrest in Ukraine, Russia (SPY) Aug 28, 2014 02:33PM

After closing at a record 2,000.12 points on Wednesday, the S&P 500 index is back below the 2K mark on new unrest in Ukraine with Russia entering the country and allegedly performing military activity within Ukraine's borders.

Traders are keeping an eye on the SPDR S&P 500 (NYSE: SPY) ETF., which is down 0.1 percent Thursday.

The Nasdaq and Dow Jones Industrial Average are down 0.2 percent Thursday.


Personal Consumption, Private Investment Boost Revised Q2 GDP Results (SPY) (DIA) (QQQ) Aug 28, 2014 08:43AM

Market futures remain negative Thursday following revised Q2 U.S. GDP numbers, which were issued ahead of the bell. Traders are keeping an eye on SPDR S&P 500 (NYSE: SPY), PowerShares QQQ (Nasdaq: QQQ), and SPDR Dow Jones Industrial Average (NYSE: DIA) ETFs.

The following was released from the Bureau of Economic Analysis today:

Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 4.2 percent in the second quarter of 2014, according to the "second" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP decreased 2.1 percent.

*** Consensus estimates were looking for a reading of 3.9 percent growth.

The GDP estimate released today is based on more complete source data than were available for the "advance" estimate issued last month. In the advance estimate, the increase in real GDP was 4.0 percent. With this second estimate for the second quarter, the general picture of economic growth remains the same; the increase in nonresidential fixed investment was larger than previously estimated, while the increase in private inventory investment was smaller than previously estimated.

The increase in real GDP in the second quarter primarily reflected positive contributions from personal consumption expenditures (PCE), private inventory investment, exports, nonresidential fixed investment, state and local government spending, and residential fixed investment. Imports, which are a subtraction in the calculation of GDP, increased.

Real GDP increased 4.2 percent in the second quarter after decreasing 2.1 percent in the first. This upturn in the percent change in real GDP primarily reflected upturns in exports and in private inventory investment, accelerations in PCE and in nonresidential fixed investment, and upturns in state and local government spending and in residential fixed investment that were partly offset by an acceleration in imports.


The U.S. 30-year bond yield drops to lowest since May 2013 (RINF) Aug 27, 2014 03:06PM

The U.S. 30-year bond yeild drops to lowest since May 2013. Traders are eying ProShares 30 Year TIPS/TSY Spread ETF (NYSE: RINF)


UPDATE: Crude Inventory -2070K Barrels vs -945K Expected Aug 27, 2014 10:33AM

(Updated - August 27, 2014 10:33 AM EDT)

Crude inventory for the week ending August 22 declined 2.07 million barrels vs a decline of 944 thousand expected.

Cushing inventory gained 508 thousand barrels.

Gasoline inventory declined 960 thousand barrels vs a decline of 1.44 million expected.

Distillate inventory gained 1.25 million barrels vs a decline of 343 thousand expected.

Traders are watching energy futures and ETFs like United States Oil Fund (NYSE: USO).


UPDATE: Crude Inventory -2070K Barrels vs -945K Expected Aug 27, 2014 10:33AM

(Updated - August 27, 2014 10:33 AM EDT)

Crude inventory for the week ending August 22 declined 2.07 million barrels vs a decline of 944 thousand expected.

Cushing inventory gained 508 thousand barrels.

Gasoline inventory declined 960 thousand barrels vs a decline of 1.44 million expected.

Distillate inventory gained 1.25 million barrels vs a decline of 343 thousand expected.

Traders are watching energy futures and ETFs like United States Oil Fund (NYSE: USO).


More ETFs

View Older Stories

Aug 25, 2014 10:45AM S&P 500 Reaches 2,000 Milestone for First Time Ever
Aug 25, 2014 10:11AM S&P 500 moves above 2,000 for first time (SPY)
Aug 22, 2014 10:00AM Fed's Yellen says FOMC sees 'significant' under-use of labor resources
Aug 21, 2014 10:00AM July Existing Home Sales 5.15M vs 5.02M Expected, Up 2.4% MoM
Aug 20, 2014 02:03PM Many Fed Officials Said Job Gains Might Bring Rate Rise Sooner; Labor Market Still Far from Normal
Aug 18, 2014 10:11AM U.S. NAHB HMI Rose to 55 in August; Third Month of Gains as Employment Outlook Improves (XHB)
Aug 18, 2014 10:11AM U.S. NAHB HMI Rose to 55 in August; Third Month of Gains as Employment Outlook Improves (XHB)
Aug 15, 2014 11:16AM UPDATE: Ukraine Forces Attacked, Destroyed Part of Armed Convoy from Russia - Ukraine's Lysenko (RSX) (SPY) (QQQ)
Aug 15, 2014 11:16AM UPDATE: Ukraine Forces Attacked, Destroyed Part of Armed Convoy from Russia - Ukraine's Lysenko (RSX) (SPY) (QQQ)
Aug 15, 2014 11:03AM Russian Stocks Dip on Escalation in Ukraine (RSX) (QIWI) (YNDX) (more..)
Aug 14, 2014 07:46AM Euro Area GDP Flat in Q2; Inflation Falls to Lowest Annual Rate Since Oct. 2009 (FXE)
Aug 13, 2014 11:30AM UPDATE: Petrobras (PBR), Vale SA (VALE) Active on Rumors Campos in Plane Crash
Aug 13, 2014 10:35AM UPDATE: Crude Inventory 1.4M Barrels vs -1.63M Expected
Aug 13, 2014 09:20AM Retail Sales Fall Flat in July as Consumers Get Cautious
Aug 13, 2014 07:13AM Japan GDP Fell 6.8% in Q2 Following New Consumer Tax Hike (FXY)
Aug 4, 2014 08:32AM Metabolix MBLX) Enters $25M Financing Arrangement
Aug 1, 2014 12:07PM UPDATE: ISDA Rules Argentina in 'Failure-to-Pay' Credit Event (ARGT)
Jul 31, 2014 10:30AM Natural Gas Inventory 88 bcf vs 93 bcf Expected
Jul 30, 2014 02:00PM FOMC tapers bond buying program to $25B/month pace
Jul 30, 2014 10:33AM UPDATE: Crude Inventory -3.7M Barrels vs -800K Expected
Jul 29, 2014 03:46PM Obama Announces New Russian Sanctions; Says EU to Join
Jul 29, 2014 06:10AM Russia cancels OFZ auction tomorrow, cites market conditions - Bloomberg (RSX)
Jul 25, 2014 11:01AM Durable Goods Orders Rose 0.7% in June, Topping Expectations Amid Lagging Shipments
Jul 24, 2014 11:08AM UPDATE: IMF Cuts Global Growth Outlook to 3.4%
Jul 24, 2014 11:08AM UPDATE: IMF Cuts Global Growth Outlook to 3.4%
Jul 24, 2014 10:30AM Natural Gas Inventory 90 bcf vs 96 bcf Expected
Jul 23, 2014 10:34AM UPDATE: Crude Inventory -4M Barrels vs -2.4M Expected
Jul 22, 2014 10:00AM June Existing Home Sales 5.04M vs 5M Expected, Up 2.6% vs 1.9% Expected
Jul 18, 2014 08:53AM Portugal Central Bank Official Moves to Qualm Market Fears Over Banco EspĂ­rito Santo (PT)
Jul 17, 2014 12:09PM Gold, VIX Jump Higher on Malaysian Plane Crash
Jul 17, 2014 10:30AM Natural Gas Inventory 107 bcf vs 99 bcf Expected
Jul 17, 2014 08:35AM U.S. Housing Starts at 893K in June, Missing Views as Construction Slumps in the South (XHB)
Jul 16, 2014 02:02PM Fed saw Modest to Moderate Growth in June on Consumer Spending (SPY) (UUP)
Jul 16, 2014 02:02PM Fed saw Modest to Moderate Growth in June on Consumer Spending (SPY) (UUP)
Jul 16, 2014 10:32AM UPDATE: Crude Inventory -7.52M Barrels vs -2.1M Expected
Jul 16, 2014 10:32AM UPDATE: Crude Inventory -7.52M Barrels vs -2.1M Expected
Jul 16, 2014 07:30AM China GDP Rose 7.5% in Q2, Outpacing Estimates on Investment, Industrial Output (FXI)
Jul 15, 2014 06:36AM Bank of Japan Trims FY14 Growth Expectations (FXY) (YCL)
Jul 11, 2014 08:47AM IEA Updates on Crude Outlook; Sees Slower Growth in non-OPEC Supply for 2015 (USO) (OIL)
Jul 9, 2014 02:03PM Some Fed Officials Saw Investors as Too Complacent on Risk - FOMC Minutes
Jul 9, 2014 02:03PM Some Fed Officials Saw Investors as Too Complacent on Risk - FOMC Minutes
Jul 9, 2014 10:32AM UPDATE: Crude Inventory -2.37M Barrels vs -1.7M Expected
Jul 9, 2014 10:32AM UPDATE: Crude Inventory -2.37M Barrels vs -1.7M Expected
Jul 9, 2014 09:29AM Gold Moves Higher Ahead of FOMC Minutes (GLD) (IAU)
Jul 8, 2014 12:28PM EIA Increases Summer Gasoline Price Outlook; Updates on Crude, Nat Gas Expectations (USO) (UNG) (OIL)
Jul 8, 2014 09:47AM Chain-Store Sales Fell 1.2% in June, Narrower than Expected - Redbook (XRT)
Jul 7, 2014 09:18AM U.S. Markets Lower Early Following Record Dow Close (SPY) (QQQ) (DIA)
Jul 3, 2014 11:37AM China Stocks Active Following PMI Services Data for June (FXI)
Jul 3, 2014 08:36AM Nonfarm Payrolls Rose 288K in June; Unemployment Rate Drops to 6.1%
Jul 3, 2014 07:55AM ECB Leaves Deposit Rate at -0.1%, Benchmark Interest Rate Unchanged at 0.15% (FXE)
View Older Stories