Learn the trade here. Make it on tradeMONSTER

Options Trading News

November 8, 2012  Thu 1:47 AM CT

SPX: SEE CHART GET CHAIN FIND STRATEGIES
Weekly jobless claims are the main U.S. economic report today, though events in Europe remain important.

The number of people seeking jobless benefits for the first time will be released at 8:30 a.m. ET. Economists predict an increase to 370,000 from 363,000 last week. A bigger number could hurt investor confidence, while a smaller one would be considered evidence of an improving labor market.

Greece is at the center of attention, with lawmakers struggling to pass budget cuts needed for the debt-laden country to receive a bailout. A failure of the vote, which is to take place overnight before the market opens, would likely hurt confidence and cause investors to flee risky assets even further.

Also this morning, the European Central Bank will announce monetary policy, followed by a press conference one hour before U.S. trading begins.
Share this article with your friends


Related Stories

SPX

Stocks pull back on Ukraine worries

August 28, 2014

The decline follows news late yesterday that Russian armored troops had entered Ukraine and were fighting in support of pro-Moscow rebels.

SPX

Revised GDP dominates calendar

August 28, 2014

The Commerce Department will report the second-quarter data at 8:30 a.m. ET. Economists forecast a GDP increase of 4 percent, equal to the preliminary estimate at the end of July.

SPX

Stocks take breather at record highs

August 27, 2014

Index futures are up less than 0.1 percent, and Europe is little-changed as investors anticipate monetary stimulus from the European Central Bank. Asian markets closed fractionally higher overnight.

SPX

Quiet agenda before GDP report

August 27, 2014

The mortgage applications are due at 7 a.m. ET, and the oil inventories follows at 10:30 a.m. ET. Earnings focus on retailers like Tiffany, Chico's, and Express.

SPX

S&P up after breaching key level

August 26, 2014

S&P 500 futures are up 0.15 percent after index pushed above 2000 for the first time, and the Nasdaq 100 is indicated up 0.2 percent.

Premium Services

Education & Strategy

It's all skewed up

Most new option traders know little about implied volatility, and learn the hard way. Today we want to help you...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER