Sunday, February 1, 2015

MONDAY 2/2/15; Global PMI's; Groundhog Day; XOM; Personal Income and Outlays; ISM Mfg Index; US Stocks Rally on Potential Greece Debt Deal; APC; CLF

Asian indexes end generally lower due to the disappointing China PMI data with both the official PMI and HSBC PMI in contraction under 50 and no word from the PBOC concerning additional stimulus. Australia, Korea and Singapore stocks print gains but the remaining balance of Asian indexes are lower. NIKK -0.7%. SSEC -2.5%. HSI -0.1%. Chinese banks and insurers are 













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Delta Airlines experiences an outage across the website and kiosks causing major travel headaches for passengers. DAL drops -0.5% in the afterhours. UTX, a Dow component, announces a divvy raise but the shares trade flat. 3-D company SSYS collapses -27% after warning about this year’s earnings. DDD drops -9% in sympathy. HPQ, that is making inroads into the 3-D space, loses -0.5%. XONE -7.4%. VJET is not trading. DD, XONE and VJET were beginning to bounce in a near-term recovery rally until this evenings news.

US Treasury yields are; 2-year 0.47%, 5-year 1.19%, 10-year 1.67%, 30-year 2.26%.

Euro 1.1336. Dollar/yen 117.63. Pound 1.5037. WTIC oil 49.87. Brent oil is 55.04 returning to a double-nickel handle. Gold 1275. Silver 17.205. Copper 2.50.

The NYSE suspends trading in RSH due to delisting. Grab your trumpet and play “Taps” for troubled RadioShack. RSH is worth less than a quarter (25 cents) per share falling from 4.60 in September 2013; an epic -95% fail in 18 months. RSH finally died.

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