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Stock impact report

Sell Side Says Chill Out on Alarming Yield Talk: Taking Stock [Bloomberg Business News]

FTI Consulting, Inc. (FCN) 
Last fti consulting, inc. earnings: 4/30 07:30 am Check Earnings Report
US:NYSE Investor Relations: ir.fticonsulting.com
Stock futures are slightly lower as the dollar holds onto recent gains, buoyed by weaker PMI data out of Europe. News flow remains light, and we should expect another low volume day (consolidated equities tape had second lowest volumes session in over 3 weeks) unless we get any shock revelations in the eco data and/or the Fed minutes. Reasons for Yesterday’s Selloff 1) Recurring jitters over higher yields, with shorter-dated Treasury bonds selling off post-auction and sending the 2-year yield to its highest level since 2008 2) An upside move in the dollar, whose bounce has coincided with a stoppage in the broader market’s relief rally since midday Friday 3) Dow component WMT, arguably the most important earnings report of the week, plunging more than 10% on weak forecast and e-commerce growth concerns, sending all of consumer staples off a cliff But Yield Scare May Be Tapering.. While these are all quasi-legitimate concerns, those in the glass-half-full camp may point Show less Read more
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