10 things you need to know before the opening bell

10 things you need to know before the opening bell

10 things you need to know before the opening bell

U.S. President Barack Obama wipes away tears as he delivers his farewell address in Chicago, Illinois. Reuters/Jonathan Ernst Here is what you need to know. The World Bank says global growth will pick up slightly in 2017. The World Bank has lowered its … Continue reading at businessinsider.com

Crude Oil Flows From Europe To Asia In Arbitrage Trade As OPEC Cuts Kick In

More than 20 million barrels of Crude oil from the North Sea and Azerbaijan are heading to Asia in January as OPEC producers led by Saudi Arabia coordinate with non-OPEC producers to trim nearly 1.8 million barrels per day (bpd) from global markets … Continue reading at nasdaq.com

Dollar perks up, but big moves on hold ahead of Trump conference

The dollar was moderately higher against the yen in rangebound on Wednesday, with investors largely taking a wait-and-see approach ahead of Donald Trump's scheduled press conference later in the U.S. day. The U.S. dollar USDJPY, +0.49% was changing … Continue reading at marketwatch.com

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Trump faces the press; Rex Tillerson faces the Senate; Pet food takeover

Click chart for in-depth premarket data. 1. Trump faces the press: President-elect Donald Trump is set to hold his first press conference since July. Investors are hoping Trump will provide more detail on his plans for trade, taxes, jobs and Obamacare. Continue reading at money.cnn.com

Labour MPs to fight Momentum’s left-wing takeover of the party

LONDON – Labour descended into a further bout of infighting today after a controversial pro-Corbyn campaign group announced its intention to affiliate with the party. Momentum was set up to support Jeremy Corbyn’s leadership campaign. However, some Labour … Continue reading at businessinsider.com

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Gundlach says investors should 'peel off' some U.S. stockholdings

Bond investor Jeffrey Gundlach on Tuesday said there's more room to the upside for U.S. stocks, but that investors should "peel off" some of their exposure to equities and look to diversify into other markets, including India and Japan. In a webcast … Continue reading at marketwatch.com

Maryland venture capital investment falls 70 percent in 2016

Venture capitalists invested $ 300 million in Maryland companies in 2016, a 70 percent drop from $ 1 billion the year before. In the fourth quarter, venture capitalists invested $ 38.25 million in Maryland companies, down 93 percent from the same quarter a … Continue reading at bizjournals.com

Bull Market Masks Australia's Year of 20%-Plus Stock Swings

The new year has greeted Australian stocks with a bull market but 2016 wasn't an easy ride. Last year, the S&P/ASX 200 had 27 instances of a constituent rising or falling more than 20 percent on a single day, data compiled by Bloomberg show. Comparisons … Continue reading at bloomberg.com

China's Clean Air Bid Scares Rivals in Duel Over Dirty Fuel

Refiners in South Korea, Japan face more competition in Asia China's recent push to clean up its air is leaving some of its neighbors feeling threatened. The Asian country's road to cleaner air has been gradual, with lead-free gasoline only becoming a … Continue reading at bloomberg.com

Markets rally in morning trade, Sensex soars by 114.84 points

The US markets had a mixed session with energy stocks moving downward on lower oil prices. The NYSE Arca Natural gas Index fell by 2.4 percent, while the NYSE Arca Oil & Gas Index slid by 1.4 percent. Lack of economic data as well as upcoming earnings … Continue reading at msn.com

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