This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

5 Things You Should Know Before the Stock Market Opens

NEW YORK ( TheStreet) -- U.S. stock futures were signaling a slighter weaker start for Wall Street ahead of emergency G-7 talks Tuesday over the eurozone debt crisis.

European stocks were mixed, while Asian shares posted gains. Japan's Nikkei 225 index rose 1% to 8,382.

The U.S. will discuss strengthening the European banking system with leaders from Japan, Germany, France, Britain, Italy and Canada.

U.S. stocks struggled to eke out gains Monday after a larger-than-expected drop in factory orders. The Dow Jones Industrial Average on Monday declined 17 points, or 0.1%, to close at 12,101.


The economic calendar in the U.S. Tuesday includes the Institute for Supply Management's services index for May at 10 a.m. EDT. The consensus estimate is for a reading of 53.1, according to Briefing.com, down from 53.5 in April. A reading above 50 indicates expansion.


Exxon Mobil (XOM - Get Report) is considering exporting liquefied natural gas from the United States, according to reports.

Asked whether Exxon planned to export LNG from the United States, CEO Rex Tillerson told Reuters: "We are studying it."

Exxon is North America's largest natural gas producer.

Natural gas prices in the U.S. are at their lowest in a decade.


Google (GOOG) will buy Silicon Valley startup Meebo.

Meebo boasts 100 million monthly active users.

"We are always looking for better ways to help users share content and connect with others across the Web, just as they do in real life,'' Google said in a statement. "With the Meebo team's expertise in social publisher tools, we believe they will be a great fit with the Google Plus team.''

Terms of the deal weren't disclosed, but reports last month put the price tag at about $100 million.


Walt Disney (DIS - Get Report) plans to curb the advertising of junk-food on its television and radio programs aimed at children, The Wall Street Journal reported, citing a person familiar with the matter.

Disney CEO Robert Iger is expected to make the announcement Tuesday with First Lady Michelle Obama.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
DIS $105.89 1.74%
GOOG $571.34 2.32%
XOM $88.04 -0.56%
AAPL $129.09 0.49%
FB $79.75 0.99%

Markets

DOW 18,288.63 +155.93 0.86%
S&P 500 2,117.39 +12.89 0.61%
NASDAQ 5,008.0960 +44.5690 0.90%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs