However, the University of Michigan Consumer Sentiment Index, released later, was up to 76.4 in late-April, from 75.7 mid-month and better than the 75.7 that was expected. Investors also digested a hefty dose of earnings news Friday. Amazon.com (NASDAQ:AMZN) and Expedia (NASDAQ:EXPE) surged on their results, but Goodyear (NYSE:GT), Ford (NYSE:F) and Starbucks (NASDAQ:SBUX) were among the names seeing post-earnings weakness. Read Earnings Reports Next Week April 30-May 4 2012
Trading was relatively uneventful across the Eurozone and in the commodities market as well. Crude edged up 18 cents to $104.73 and gold gained $3.5 to $1664 an ounce. The Dow Jones Industrial Average was up 32 points midday and finished with a 23-point gain. The NASDAQ added 18.6 points.
In the Eurozone markets, traders will be speculating on the election results in France and Greece and their possible implications for the bail-out plans for the troubled member nations. Indications so far are that the poll outcomes in both countries will spell trouble for the Eurozone rescue plan, the ripples of which will be felt in financial markets across globe. Economic Events Next Week April 30-May 4 2012
The European Central Bank will meet on May 3 to review interest rates, an event being closely eyed by investors. In key data, China’s official Purchasing Managers Index (manufacturing) will be of interest to investors.
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asian stock market next week April 30-May 4 2012 , us stock market next week April 30-May 4 2012, uk stock market next week April 30-May 4 2012, European stock market next week April 30-May 4 2012
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