The market is expected to open mixed today. The Nasdaq market is expected to open lower because of (YHOO)'s disappointing earning last night. S&P is expected to open higher due lower oil price today because the middle east conflict does not look further expanded.
Total CPI rose 0.2% in June, same as consensus, core rate (ex-food and energy) rose a larger than expected 0.3% vs consensus of 0.2% for the fourth straight month with a 2.6% annual rate, further indicating the Fed may have to keep raising rates to fight inflation. The chance of rate hike is increased to 90% chance for FED to bump up another 1/4 point in August.
Upgrades This Morning:
(INTC)
(STT)
(GME)
Downgrades This Morning:
(HMX)
(FPO)
(VPHM)
Most Active Stocks:
(YHOO), (QQQQ), (SPY), (IWM), (GLD), (DTAS), (RMBS), (NOK), (GOOG), (ADCT)
Stocks are Up:
(ILMN), (DTLK), (NITE), (FCEL), (INSM), (NITE), (IOTN), (XPRT), (RADI)
Stocks are Down:
(DTAS), (YHOO), (ADCT), (RMBS), (ANDW), (PLXT), (FONR), (FLIR), (AFFX)
Tags: premarket, pre-market, stocks to watch
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