Stocks Poised For Early Gain On China Data

Euro-area services and factory output grew at a slower pace than forecast this month and more Americans than forecast filed jobless claims last week, separate reports showed. Microsoft Corp. and Amazon.com Inc. are among U.S.
Source: http://www.bloomberg.com/news/2013-10-23/japanese-futures-drop-amid-stronger-yen-as-crude-rebounds.html

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Source: http://www.ft.com/cms/s/0/c9448194-3c5b-11e3-9851-00144feab7de.html

Another 27 stocks ended unchanged. The biggest gainer for the day was Wyeth Pak Ltd up by Rs205 to Rs4,305 while the major laggard was Rafhan Maize traded ex-dividend, down by Rs196.67 to Rs5,050. On the 10-top traded list, PTCL stood ahead of the rest with 17m shares, up by 53 paisa to Rs26.98. Lafarge Pakistan lost 98 paisa to Rs7.35 on 15m shares, Fauji Cement conceded 16 paisa to Rs12.35 on 12m shares, after two earlier days of upper locks. Bank Alfalah gained 54 paisa to Rs22.41 on 8m shares, Bank of Punjab shed 23 paisa to Rs10.51 on 7m shares, Engro Polymer was up 8 paisa to Rs13.33 on 6m shares, Maple Leaf Cement added 18 paisa to Rs22.50 on 6m shares, NBP with volume of 5m shares lost 33 paisa to Rs51.89 after several sessions of healthy gains.
Source: http://www.dawn.com/news/1051381/stocks-extend-overnight-rally

World stocks rise on better Chinese manufacturing

They would like to see rebalancing over time. The Stoxx Europe 600 Index rose for the 10th time in 11 days. Daimler AG, the maker of Mercedes-Benz cars, and ABB Ltd., the worlds largest maker of power transformers, climbed more than 3.5 percent after profit beat projections. Celesio AG jumped 5.4 percent after McKesson Corp. agreed to buy the German drug wholesaler for 3.9 billion euros ($5.4 billion). Profit Misses Credit Suisse Group AG (CSGN) lost 2.8 percent after the second-biggest Swiss bank posted profit that missed analysts estimates.
Source: http://www.businessweek.com/news/2013-10-23/japanese-index-futures-drop-amid-stronger-yen-as-crude-rebounds

An improvement in China’s manufacturing wasn’t enough to boost Asian stock markets Thursday after Wall Street fell on disappointing corporate earnings. (AP Photo/Koji Sasahara) View Larger Employees work on the floor of the Tokyo Stock Exchange in Tokyo, Thursday morning, Oct. 24, 2013. An improvement in China’s manufacturing wasn’t enough to boost Asian stock markets Thursday after Wall Street fell on disappointing corporate earnings. (AP Photo/Koji Sasahara) Sponsored Links The Associated Press LONDON An unexpectedly strong improvement in a Chinese manufacturing survey shored up markets Thursday despite concerns over the country’s banking sector that analysts fear may prompt a tightening in monetary policy. Those worries had weighed on world markets on Wednesday.
Source: http://www.ajc.com/news/ap/top-news/asian-stocks-down-after-weak-us-earnings/nbXQx/

ET, and Census Bureau data on new home sales at 10 a.m. ET. A big day for earnings: Ford ( F , Fortune 500 ) shares rallied after the automaker raised guidance and released quarterly earnings and revenue that topped forecasts. On the downside, shares of Symantec ( SYMC , Fortune 500 ) got hammered after the company reported earnings and sales that fell short of estimates, and slashed its guidance. Dow Chemical ( DOW , Fortune 500 ) shares were also under pressure after the company’s earnings fell short. Related: Fear & Greed Index: still greedy U.S.
Source: http://money.cnn.com/2013/10/24/investing/premarkets/index.html

Stocks breaking the all-time high barrier

Sent! A link has been sent to your friend’s email address. 9 To find out more about Facebook commenting please read the Conversation Guidelines and FAQs Stocks breaking the all-time high barrier Matt Krantz, USA TODAY 9:54 a.m. EDT October 23, 2013 Traders work on the floor New York Stock Exchange. (Photo: Richard Drew, AP) More than 100 S&P 500 stocks are at new highs Charge being lead by famous consumer brands and less glamorous companies Bulls see broad participation as a historically good sign SHARE 48 CONNECT 34 TWEET 9 COMMENTEMAILMORE A large and growing number of stocks are hitting all-time highs along with the broad market a sign of underlying strength that could portend more gains ahead.
Source: http://www.usatoday.com/story/money/markets/2013/10/22/stocks-breaking-all-time-high/3146291/

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