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Morning Briefing

Wednesday, June 23, 2010

Market Matters:

FOMC Announcement Due After The Close
by by Staff Writers

Asia and Europe lower. S&P 500 and NASDAQ 100 futures are higher by 5.70 and 8.25. Brent Crude is at $78.04 from $79.4 with gold at $1246 from $1262.30 and natural gas at $4.77 from $5.10. The Up Dollar ETF (UUP) closed at $25.07 higher by 0.16%. Currencies see the Yen at 90.21 from 91.28 with the Pound at .67 and Euro at .81. The 20 Year Treasury ETF (TLT) closed at $98.57 higher by 1.19%. High yield bonds fell and corporate investment grade bonds rose. More...

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Today's Superstock Investor Stock Scorecard:

DARDEN RESTAURANTS INC (DRI)
by Superstock Investor

Darden Restaurants (DRI) will report earnings after the close. They own a slew of restaurant chains including Red Lobster and Olive Garden among others. This name is fairly valued and has been weak of late. We would avoid this name as we head into its earnings report. More...

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