Nov 3 2014, 08:26 AM, updated 11y ago
News To Look Out For For The Weeks Ahead
"The U.S. midterm elections will be the key focus of next week, while Friday’s U.S. jobs report and Tuesday’s earnings report from Alibaba will be watched closely by investors. And next weekend, all eyes will be on a couple of big events in Europe.
Midterm Elections
Control of Congress hangs in the balance as U.S. voters head to the polls on Tuesday. While many signs indicate the GOP may gain control of the Senate, races are too close to call in at least eight states that could determine the outcome of the election. The latest Wall Street Journal/NBC News poll shows Republicans are clinging to a narrow lead on the question of which party likely voters want to see in control of Congress.
U.S. Jobs Report
We’ll learn on Friday whether the U.S. continued its steady employment gains in October, when the Labor Department releases its monthly jobs report. Job growth in the past 12 months has hit its healthiest pace in more than eight years, with employers adding an average of 227,000 jobs a months since the beginning of the year. The unemployment rate fell to 5.9% in September, its lowest level since 2008. Here are 5 things to watch next week on the economic calendar.
Alibaba Earnings
Chinese e-commerce giant Alibaba reports its first quarterly earnings on Tuesday since its record $25 billion initial public offering in September. The company’s shares have been marching higher after bottoming at $82.81 on Oct. 15, and the numbers could well determine where they go from here. Other big earnings next week include Sprint and AIG on Monday; 21st Century Fox, CVS and Priceline on Tuesday; Time Warner, News Corp and Qualcomm on Wednesday; and Disney on Thursday.
Catalan Vote
The wealthy Spanish region of Catalonia is planning a symbolic vote on independence on Nov. 9. The voting process is informal, but that hasn’t stopped Spanish Prime Minister Mariano Rajoy from preparing a possible legal challenge to block it. While many Catalan independence supporters initially criticized the balloting format as lacking credibility, more Catalans have come around to embracing it as a show of resolve.
Berlin Wall Anniversary
Germans will celebrate the 25th anniversary of the fall of the Berlin Wall, which led to the country’s reunification, on Nov. 9. Locals will be reminded of the scale of this historic event by a light installation that will run along the former course of the wall, dividing the capital city temporarily. Chancellor Angela Merkel will also open a new exhibition at the Berlin Wall memorial and witnesses will tell their stories of how the event unfolded." - WSJ
http://blogs.wsj.com/briefly/2014/10/31/we...eport/?mod=e2tw
Quote
all time high again. Bear please take it down one more time 
a drop right down to 200MA would be spooky.
0.0248sec
0.58
6 queries
GZIP Disabled