OptionsHouse

Options Trading News

September 10, 2013  Tue 1:47 AM CT

SPX: SEE CHART GET CHAIN FIND STRATEGIES
Today's main economic event occurred during the overnight session when China reported industrial production and retail sales.

The only other item on the calendar was Italian gross domestic product, also released early in the morning.

Both events have the potential to add to recent sentiment that the global economy is improving. Their impact could be felt most strongly in materials stocks and funds that track overseas assets such as the iShares MSCI Emerging Markets (EEM) emerging-markets fund.

In addition to the headlines, attention will focus on the possibility of military conflict with Syria. President Obama is scheduled to address the country in favor of an attack tonight, followed by a possible  Senate vote on the matter as early as tomorrow. So far, the political tide and public opinion have turned against war.

The next busy day for economic news is Thursday, featuring European industrial production and initial jobless claims. Friday brings retail sales and consumer sentiment. 
Share this article with your friends


Related Stories

SPX

Stocks up on earnings, Greek hopes

April 24, 2015

S&P 500 futures are higher by 0.1 percent, while the Nasdaq is up 0.6 percent. German equities climbed 0.6 percent after its Ifo business-confidence index beat expectations.

SPX

Greece, durable goods top agenda

April 24, 2015

Greek officials meet with Eurozone creditors, and Germany's Ifo business-climate index is also due early in the morning. U.S. durable-goods orders are due at 8:30 a.m. ET.

SPX

Global data weighs on U.S. futures

April 23, 2015

S&P 500 futures fell 0.3 percent. Frankfurt is down 1.3 percent, while Paris slid 1 percent and Milan is down 0.9 percent. Most Asia markets eked out small gains overnight.

SPX

Jobless claims, home sales on tap

April 23, 2015

Initial jobless claims are expected to fall to 288,000 from 294,000 the previous week. New home sales are seen slowing to a 520,000 annualized pace in March from 539,000 in February.

SPX

Stocks down, stay trapped in range

April 22, 2015

S&P 500 futures are down 0.25 percent, while European indexes are mostly down about half a percent. Asia rallied again overnight, with Shanghai surging 2.5 percent and Tokyo up more than 1 percent.

OptionsHouse

Premium Services

Education & Strategy

Vega

There is another Greek which measures the effects on an option's price buy changing the amount of extrinsic value in the option, and that Greek is Vega...

View more education articles »