{"id":282186,"date":"2010-02-05T09:11:00","date_gmt":"2010-02-05T14:11:00","guid":{"rendered":"e2249889-c78b-43e3-9643-b1d7d4aa587b:391818"},"modified":"2010-02-05T09:11:00","modified_gmt":"2010-02-05T14:11:00","slug":"employment-usd-earnings-sunoco-%e2%80%93-vialoux","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/282186","title":{"rendered":"Employment, USD, earnings, Sunoco \u2013 Vialoux"},"content":{"rendered":"

U.S. equity index futures are mixed this morning. S&P 500 futures up 1 point in pre-opening trade. Index futures recovered from overnight losses following release of the January U.S. employment report. Consensus for Non-farm payrolls was unchanged from December. Actual was a decline of 20,000. Consensus for the unemployment rate was unchanged from December at 10.0%. Actual was a drop to 9.7%, the lowest level in nine months. Consensus for Hourly Earnings was a gain of 0.2%. Actual was a gain of 0.3%. <\/p>\n

Additional strength in the U.S. Dollar Index dampened enthusiasm for U.S. equity index futures. <\/p>\n

Canada announced an encouraging January employment report. Consensus for employment was a gain of 15,000. Actual was a gain of 43,000. The Canadian Dollar gained 0.34 to 93.55 following release of the news. <\/p>\n

Several companies reported better than expected fourth quarter earnings. Consensus for Brookfield Asset Management was $0.33 per share. Actual was $0.35. Consensus for Weyerhaueser was $0.41 per share. Actual was $0.52 per share. Weyerhaueser is benefiting from a surge in lumber prices. Lumber prices are moving higher in anticipation of strong growth in infrastructure spending this spring.  <\/p>\n

Sunoco, a major U.S. oil refiner continues to struggle. Consensus for fourth quarter earnings was a loss of $0.25 per share. Actual was a loss of $0.27 per share. Refiners such as Sunoco cannot continue to produce gasoline for sale at a loss. The stage is set for a significant recovery in gasoline prices this spring.  <\/p>\n

Don Vialoux, chartered market technician, is the author of a free
\ndaily report on equity markets, sectors, commodities, equities and
\nExchange-Traded Funds. For more visit Don Vialoux's Web site <\/a><\/i><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

U.S. equity index futures are mixed this morning. S&P 500 futures up 1 point in pre-opening trade. Index futures recovered from overnight losses following release of the January U.S. employment report. Consensus for Non-farm payrolls was unchanged from December. Actual was a decline of 20,000. Consensus for the unemployment rate was unchanged from December at […]<\/p>\n","protected":false},"author":4059,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-282186","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/282186","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/4059"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=282186"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/282186\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=282186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=282186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=282186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}