Ahead of the opening bell, Dow Jones industrial average index futures dipped 0.2%, Standard & Poor's 500 index futures shed 0.3% and Nasdaq index futures lost 0.3%.
On Wall Street Tuesday, the Dow fell 0.2% to 15,750.67 and the broader S&P 500 closed 0.2% lower at 1,767.69. The Nasdaq composite inched up to 3,919.92.
TUESDAY: Stocks mostly down as Dow retreats from record
Asian stock markets fell after a highly anticipated meeting of Chinese leaders did not announce bold reforms to overhaul a growth model that is running out of steam.
The Shanghai composite index fell 1.8% to 2, 087.75. Hong Kong's Hang Seng index declined 1.9% to 22,463.83. Japan's Nikkei 225 index lost 0.2% to 14,567.16.
Hot Biotech Companies To Invest In Right Now: Deutsche Boerse AG (DBOEF)
Deutsche Boerse AG is a Germany-based international financial marketplace operator. It operates four business segments: Xetra; Eurex; Clearstream, and Market Data & Analytics. The Xetra business segment comprises three business areas: cash market using the Xetra electronic trading system and Xetra Frankfurt specialist trading; central counterparty for equities, and admission of securities to listing. The Eurex business segment comprises four business areas: electronic derivatives market trading platform Eurex; electronic options trading platform ISE; over-the-counter trading platforms Eurex Bonds, Eurex Repo, and Eurex Clearing. The Clearstream business segment comprises three business areas: custody, administration and settlement services for securities; global securities financing services, and investment funds services. The Market Data & Analytics business segment comprises two business areas: sales of price information and information distribution, and index development and sales. Advisors' Opinion:- [By Mark Thompson]
The contracts are often cleared through exchanges such as CME and Eurex, operated by Deutsche Boerse (DBOEF).
CME said it would gradually apply an additional "event risk" margin of 12% to all over-the-counter interest rate swaps due to the "additional uncertainty brought by the debt ceiling debate."
Top Asian Stocks To Invest In Right Now: Whirlpool Corporation(WHR)
Whirlpool Corporation engages in the manufacture and marketing of home appliances worldwide. Its principal products include laundry appliances, refrigerators and freezers, cooking appliances, dishwashers, mixers, and other portable household appliances. The company also produces hermetic compressors for refrigeration systems. It markets and distributes its products under various brand names, including Whirlpool, Maytag, KitchenAid, Jenn-Air, Amana, Roper, Estate, Admiral, Gladiator, Inglis, Acros, Supermatic, Consul, Brastemp, Eslab� de Lujo, Bauknecht, Ignis, Laden, Polar, and Privileg in North and Latin America, Europe, the Middle East, Africa, and Asia. Whirlpool Corporation sells its products to retailers, dealers, distributors, builders, and other manufacturers. The company was founded in 1898 and is headquartered in Benton Harbor, Michigan.
Advisors' Opinion:- [By reports.droy]
Now, if GE Appliances and Electrolux sales were combined for the previous year, sales in North America would have accounted for about 47% of the latter�� revenue. And the best part for Electrolux is that this acquisition could place it at par with the market honcho, Whirlpool Corporation (WHR), which posted revenue of $18 billion last year.
Top Asian Stocks To Invest In Right Now: Hurco Companies Inc. (HURC)
Hurco Companies, Inc., an industrial technology company, engages in the design, manufacture, and sale of computerized machine tools, computer control systems, and software products to companies in the metal working industry primarily in North America, Europe, and Asia. The company offers general purpose computerized machine tools, such as vertical machining centers/mills and turning centers/lathes. It also provides computer control systems and related software for press brake applications. In addition, the company produces and distributes software options, control upgrades, hardware accessories, and replacement parts for its machine tool product lines, as well as provides operator training and support services to its customers. Hurco Companies, Inc. offers its products to the precision tool, die, and mold manufacturers; independent metal parts manufacturers; and specialized production application or prototype departments within manufacturing operations. It serves aerospace , defense, medical equipment, energy, automotive/transportation, electronics, and computer industries. The company sells its products through independent agents and distributors in North America, Europe, and Asia, a swell as through direct sales personnel in Canada, China, France, Germany, Italy, Poland, Singapore, South Africa, Spain, the United Kingdom, and certain parts of the United States. Hurco Companies, Inc. was founded in 1968 and is headquartered in Indianapolis, Indiana.
Advisors' Opinion:- [By John Emerson]
Hardinge (HDNG) the Perfect Fit to the Investment Puzzle
Several years earlier I had started following the machine tool sector and I became quite familiar with Hardinge. Although I never invested in the stock (I had opted for Hurco), I had noted that Jeffrey Gendell had been purchasing shares the company. Hurco (HURC) had much higher margins and it was my belief that the superior quality of their computerized machine tools and their accompanying software were reflected in their earnings. Hurco also held a vastly superior balance sheet at the time I made my investment.
Top Asian Stocks To Invest In Right Now: Credit Suisse Group AG (CSGN.VX)
Credit Suisse Group AG is a Switzerland-based holding company engaged in private banking, investment banking and asset management areas. It operates through four divisions: Private Banking, which consists of the Wealth Management Clients and Corporate & Institutional Clients business; Investment Banking, provides a range of financial products and services, with a focus on client-driven, flow-based and capital-efficient businesses; Asset Management, offers a range of asset class products, including alternative investments, and multi-asset class solutions, including equities and fixed income products, and Shared Services, which provides centralized corporate services and business support for the Company's divisions. Advisors' Opinion:- [By Steven Russolillo]
Credit Suisse CEO Nearly Lost Job During Tax Probe: “As a yearslong U.S. tax probe dragged on in recent months, board members at Credit Suisse(CSGN.VX) mulled actions that likely would have cost CEO Brady Dougan his job.”
- [By Telis Demos]
Ms. DeClark, who will be based in the bank’s San Francisco offices, is joining after just over a decade at Credit Suisse Group AG(CSGN.VX), where she also worked on technology and health-care stock offerings.
- [By Dan Strumpf]
As big macroeconomic headlines recede, ETFs are falling out of favor. ETF volumes have dipped this year to about 16.5% of total equity volumes, down from 16.7% in 2013, according to analysts at Credit Suisse(CSGN.VX) Trading Strategy. The data suggest that investors are increasingly favoring trades in individual stocks.
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