ADVFN Newsdesk - Trump, Earnings In Focus As Wall Street Heads For Sluggish Start

[ADVFN] [World Daily Markets Bulletin] [Daily world financial news] [Tuesday, 24 January 2017 09:43:22] [Monitor] [Quote] [Charts] [News] [Toplists] [Forex] [Boards] An ADVANCED Investing Webinar. The 2 MOST PROFITABLE methods (used by Hedge Funds) to acquire Gold & Silver! Collapse-Proof your wealth and PROFIT 12% to 26.4% per year! Retire without running out of MONEY! [REGISTER NOW] --------------------------------------------------------------- US Market [To view the charts please add newsdesk@advfn.com to your contact list] NYSE AMEX Dow Jones Nasdaq [NYSE] [AMEX] [Dow Jones] [Nasdaq] Please click on the images to view our interactive charts Stocks look poised for a lackluster start to trading on Tuesday. Investors are contemplating a new batch of earnings reports, including results from Yahoo! (YHOO) and Johnson & Johnson (JNJ). Washington DC will continue to get some attention as well. Stocks fell Monday amid renewed concerns about protectionist policies under new President Donald Trump. Meanwhile, some fresh data on the housing market is due out later this morning. Wall Street is still trying to predict how economic policy will go under the new Trump Administration. On Monday, the president told a meeting of corporate executives he plans to impose a major border tax, although he also promised a massive tax cut for the middle class and companies. The president also signed an executive order to renegotiate NAFTA and is expected to sign an order indicating his intention to withdraw from the Trans-Pacific Partnership. Amid worries about protectionism, the S&P 500 fell on Monday, dipping 5 points, or 0.3%, to close at 2,265. The Dow Jones Industrial Average shed 26 points, or 0.1%, to end at 19,800. The Nasdaq Composite Index edged down 2 points to close at 5,552. --------------------------------------------------------------- New Traders Wanted: We Provide ALL Trading Capital & Training If you'd like to learn to trade with NO risk to your own capital – you need to attend this Free Online Investing Seminar. We will fund your trading account – up to $250,000. The better trader you become – the more trading capital we'll provide. Funds are limited so don't miss this once-in-a-lifetime opportunity. To select a convenient time to learn more, just click on this link: [REGISTER HERE] --------------------------------------------------------------- US Economic Reports [To view the charts please add newsdesk@advfn.com to your contact list] CADUSD Oil Gold Allbanc [CADUSD] [Oil] [Gold] [Allbanc] Please click on the images to view our interactive charts The housing market will be in focus this week. On Tuesday, the first of a pair of home sales reports will come out. This one will cover sales of previously owned homes - a stat known as existing home sales. The info is put out by the National Association of Realtors. Last month's report showed the figure rising 0.7 percent for November. This followed up on an increase of 1.5 percent in the previous month. November's advance came as a surprise to economists. They had expected home sales to dip for the month. The surprise advance brought existing home sales to an annual rate of 5.61 million. This was the highest level since February of 2007. Later in the week, we'll get a separate report about sales of newly built homes. This figure was surprisingly strong last month as well, with November's new home sales jumping by 5.2 percent. --------------------------------------------------------------- My #1 Rule: Don't Buy Options The sad truth is that options buyers lose money on 7 of every 10 trades. They place high-risk trades, hoping for a big payout. But they lose - a LOT! That's why I don't buy options. 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On an adjusted basis, earnings rose to $0.25 per share from $0.13 per share last year. Analysts polled by Thomson Reuters estimated earnings of $0.21 per share. Yahoo said now expects to close the sale of its core internet business to Verizon in the second quarter instead of the first quarter as earlier expected. The company cited "given work required to meet closing conditions" as the reason for the delay. Johnson & Johnson reported solid fourth-quarter results, with adjusted earnings above market estimates. However, sales missed expectations, despite growth from last year. The company also provided guidance for fiscal 2017. It said it expects higher earnings and sales for the year, but its forecast was below current market estimates. --------------------------------------------------------------- Stocks just did something really spooky Nervous about where the stock market is headed next? Wonder what President Trump will mean for your stocks? You're not alone. 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The UK and Germany were each up about 0.2% in mid-day trading. France was showing a fractional loss. --------------------------------------------------------------- Get FREE Options Trades from Our All-Star Traders Every Day You can get a specific trade recommendation from one of our five trading pros delivered to your inbox each and every morning absolutely FREE. Sign up in the next 24 hours and you'll join a select group of investors who are racking up market-beating results with these trades, day in and day out. And when I say free, I mean FREE. There are no forms to fill out...no strings...no credit card required...ever. [Just click here to enter your email address and get 251 trades a year FREE for life.] --------------------------------------------------------------- Asia markets [To view the charts please add newsdesk@advfn.com to your contact list] USDCAD USDEUR USDGBP USDJPY [USDCAD] [USDEUR] [USDGBP] [USDJPY] Please click on the images to view our interactive charts Asian stocks closed mostly higher on Tuesday amid higher commodity prices, which were helped by a weaker dollar. Equity markets in the region also benefited from upbeat earnings results from Samsung Electronics. Chinese shares closed off their day's highs in thin trading as investors moved to the sidelines ahead of holidays. The Shanghai Composite rose 5.78 points, or 0.18%, to 3,142.55. Japanese shares extended losses from the previous session, hit by a firmer yen. The Nikkei average dropped 103.04 points, or 0.55%, to 18,787.99. --------------------------------------------------------------- Free Options E-Book: How To Win 80% of Trades Do you trade options like the professionals do? Most options traders make the same mistakes - which is why they consistently lose money. But when you learn just 3 simple strategies, you can earn consistent income. [Claim your free E-Book now for details.] --------------------------------------------------------------- Currency and Commodities Markets Gold futures were lower Tuesday morning, trimming strong gains from the previous session. A murky rate hike outlook and concerns about U.S. trade relations drove gold to the highest in ten weeks Monday, but traders are waiting on a slew of second-tier economic data this morning. March gold was down $2.30 at $1216 an ounce. Crude oil futures were little changed Tuesday as traders await further clues about the pace of U.S. production. The American Petroleum Institute reports weekly inventories this afternoon, followed tomorrow by the Energy Information Administration. The EIA last week reported a large build in U.S. stockpiles. WTI light sweet crude oil was up 10 cents at $52.85 a barrel. --------------------------------------------------------------- To unsubscribe from this news bulletin or edit your mailing list settings click [here]. Registered Office/Accounts Dept: Suite 27, Essex Technology Centre, The Gable, Fyfield Road, Ongar, CM5 0GA. Customer Support +44 (0) 207 0700 961. Company registered in England and Wales: Number 2374988 VAT No. GB 549 2130 49