Blog > Archive by tag 'university of michigan'
Posts Tagged ‘university of michigan’
February 3rd, 2010
(Michael Schwartz) - Let’s recap some of the good news last week:
The Commerce Department said the economy grew in the fourth quarter at its fastest pace in more than six years;
The Institute for Supply Management-Chicago said its index of Midwest business activity rose more than expected in January;
Consumer sentiment in January as measured by The Reuters/University of Michigan Surveys of Consumers hit its highest level in two years; and
Of the 220 companies in the S&P 500 index that have reported fourth quarter earnings, 78% of them exceeded analysts' expectations, according to Thomson Reuters. In a typical quarter, only 61% of companies beat Wall Street targets.
Sounds pretty good, doesn’t it? So, how does the stock market respond?
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Tags: business activity, commerce department, consumer sentiment, consumers, economy, fourth quarter, institute for supply management, midwest, midwest business, news last week, pace, reuters, six years, surveys, university of michigan
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| Posted in News and Opinion |
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September 11th, 2009
(Lee Siler) - Stock futures are mixed this morning, as Wall Street tries to digest a five day winning streak. On the 8th anniversary of the 9-11 terrorist attacks, the market will likely finish the week on a positive note. Consumer sentiment data will be released later this morning from the University of Michigan. This news has typically been a market mover and the market is expecting an improvement over last month. This number is a preliminary and will likely be adjusted up or down over the next few weeks.
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Tags: 8th anniversary, 9 11 terrorist attacks, consumer sentiment, options expiration, rally, sentiment data, stock futures, surprise, university of michigan, volatility, Wall Street, winning streak
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| Posted in News and Opinion |
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