Wednesday Pre-market US: Key News & Data

by: Between the Hedges

From Between the Hedges:

Late-Night Headlines

- China National Petroleum, the nation’s biggest oil producer, plans to increase output of crude oil and natural gas 25% in the next five years.

Wall Street Journal:
- The Washington, DC, area accounts for 9.6% of all US venture capital invested in seed and start-ups, up from 3.6% a decade ago, citing the National Venture Capital Association.

LA Times:
- Iran’s government, which says it has religious and political differences with the Islamic extremist group al-Qaeda, may be aiding the group’s leaders.

Late Buy/Sell Recommendations
- None of note

Night Trading
Asian Indices are -1.25% to +.25% on average.
S&P 500 indicated -.13%.
NASDAQ 100 indicated -.83%.

Morning Preview
US AM Market Call
NASDAQ 100 Pre-Market Indicator/Heat Map
Pre-market Commentary
Before the Bell CNBC Video(bottom right)
Global Commentary
Asian Indices
European Indices
Top 20 Business Stories
In Play
Bond Ticker
Daily Stock Events
Macro Calls
Rasmussen Consumer/Investor Daily Indices
CNBC Guest Schedule

Earnings of Note
Company/EPS Estimate
- (NYSE:ATU)/.62
- (NYSE:FDX)/1.30
- (NYSE:FUL)/.27
- (NYSE:IPG)/-.40
- (JBIL)/.37
- (NYSE:KBH)/1.96
- (NYSE:MS)/1.21
- (NYSE:WOR)/.35

Upcoming Splits
- (NYSE:RJF) 3-for-2

Economic Releases
- None of note

BOTTOM LINE: Asian indices are mostly lower, weighed down by technology shares in the region after Microsoft delayed the release of its next generation operating system. I expect US equities to open lower and to trade mixed into the afternoon, finishing lower.