Month: July 2018

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Stocks – U.S. Futures Flat Ahead of Corporate Earnings. Euro zone economic sentiment edges lower in July. Oil prices edge higher but trade row caps gains

StockMarketNews.Today – U.S. futures were flat on Monday, as investors look ahead to earnings reports and central bank meetings this week. Euro zone economic sentiment edged lower in July, pulled down by less optimism in industry and the retail sectors. Oil rose on Monday as investors remained cautious over the supply outlook, although the fallout from global trade tensions limited price gains.

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The U.S. economy grew at its fastest pace in nearly four years in the second quarter as consumers boosted spending and farmers rushed shipments of soybeans to China to beat retaliatory trade tariffs before they took effect in early July.

StockMarketNews.Today – Gross domestic product increased at a 4.1 percent annualized rate also as government spending picked up, the Commerce Department said in its snapshot of second-quarter GDP. While that was the strongest performance since the third quarter of 2014, it was not the best since the recession ended in mid-2009.