RTTNews : Morning Market Briefing.- Stocks Likely To Slide Ahead Of Earnings Season Kickoff - U.S. Commentary
Morning Market Briefing Mon Jul 12 09:01 2010 Commentary Jul 12, 2010 Stocks Likely To Slide Ahead Of Earnings Season Kickoff - U.S. Commentary Stocks are on pace for a modestly lower open on Monday, as traders are bracing themselves for the unofficial start of second quarter earnings season after the closing bell this afternoon, with aluminum giant Alcoa (AA) due to release its quarterly results. The downward momentum also comes amid another absence of first-tier economic data and follows last week's bargain hunting rally. The major index futures are all in negative territory, with the Dow futures down by 15 points. Full Article Economic News Jul 12, 2010 Chinese Exports, Imports Soar In June China's exports and imports boomed in June, official figures showed on Saturday, suggesting that global demand for Chinese made goods is continuing while Chinese consumers are spending as well. The data also suggests that the Chinese export sector has been una