Cintas Corporation has done well to not only weather economic issues recently but to continue to grow through them. Read why we have a hold rating on the stock.
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Cintas notched a double beat in earnings, but its forward guidance is the real story. There are always good companies to invest in a bear market. As a stock trade exclusively, there may be better options. Cintas (NASDAQ:CTAS) is down just over 1% the day after it reported strong earnings. On the top line, the […]
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Cintas Corporation (NASDAQ:CTAS) stock fell 1.18% (As on September 29, 11:40:54 AM UTC-4, Source: Google Finance) after the company posted better than expected results for… The post Cintas Corporation (NASDAQ:CTAS) Cash Decreases appeared first on FXDailyReport.Com .
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Cintas Corporation (NASDAQ: CTAS) Q1 2023 earnings call dated Sep. 28, 2022
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Cintas Corporation (NASDAQ:NASDAQ:CTAS) Q1 2023 Earnings Conference Call September 28, 2022 10:00 AM ET Company Participants Paul Adler - Vice President and Treasurer, IR Todd Schneider -…
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Cintas (CTAS) stock rose just over +1% on Sept. 28 despite raising its FY22 outlook and placing its above estimates.The company, which provides workplace uniforms and cleaning…
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Earnings expected from Paychex, Cintas, and Vail Resorts
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The S&P 500 dipped back into bear market territory last week, but the bottom hasn’t fallen out… at least, not yet. In last week’s livestream , we explored the fallout from the Fed announcement and looked to speculate future Fed action as the rest of the year progresses. We also examined the Fed’s updated economic projections going all the way out to 2025, which pointed to an economic slowdown. Whether that happens remains to be seen, but it’s hard to look on the bright side when investors seem to have such a negative outlook. Pain Across the Pond The Bank of England raised its target rate by 50 basis points (0.5%) last week. However, traders are convinced the bank will have to do it again to counteract a new tax-cut/stimulus plan created by the new prime minister’s government. Bond traders see the need for a much larger hike to stem the decline of the pound and to control inflation. This is a problem for the markets. Basically, Liz Truss, the new PM, plans to cut taxes, which means the BOE will have to raise rates faster than anyone was planning on, and the economy could slow faster than expected.
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Cintas (CTAS) is scheduled to announce Q1 earnings results on Wednesday, September 28th, before market open.The consensus EPS Estimate is $3.14 and the consensus Revenue Estimate is…
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Cintas (NASDAQ: CTAS ) is set to give its latest quarterly earnings report on Wednesday, 2022-09-28. Here''s what investors need to know before the announcement. Analysts estimate that Cintas will report an earnings per share (EPS) of $3.13. Cintas bulls will hope to hear the company to announce they''ve not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the … Full story available on Benzinga.com
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Dow futures rose 140 points ahead of Tuesday’s open. The Dow Jones Industrial Average ended in a bear market, down 20% or more from its recent high, selling more than 300 points on Monday. X stock market today On Monday, the Dow Jones Industrial Average sold 1.1%, while the S&P 500 fell 1%. The tech-heavy Nasdaq Composite is down 0.6%. Small cap Russell 2000 lost 1.4%. within money exchange circulating Nasdaq 100 Invesco QQQ Trust Tracker ( QQQ (Down 0.4%, SPDR S&P 500) spy ) decreased by 1%. This week’s key earnings reports come from Jbeil ( JBL ), Cal Men’s Food ( calm ), Carmax ( KMX ), centas ( CTAS ), Jeffreys ( JEF ), micron technology ( mo ), Dow Jones nike ( NKE ) And the Paychex ( PayX ). Giant EV Tesla ( TSLA ) rose 0.25% after reversing its early losses on Monday. within Dow Jones stock And the apple ( AAPL ) rose 0.2%, while Microsoft ( MSFT ) lost 0.2% in Stock market today. In light of the continued weakness of the stock market, double check ( DV ), Air hostess Trademarks ( TWNK ), Neurobiological Sciences ( NBIX ), Toro ( TTC ) And the Vertex Pharmaceuticals ( VRTX ) – as well as Dow Jones stock United Health ( United nations ) – Among the top stocks to watch.
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Monday U.S. Economic Lookahead Chicago Fed national activity index (Aug.) Featured Earnings Legend Biotech Corporation (NASDAQ: LEGN) (Q3) EPS estimates for loss of 58 cents, compared to a loss of 32 cents in the prior-year quarter. NextDecade Corporation (NASDAQ: NEXT) (Q2) EPS estimates for loss of seven cents, compared to a loss of 13 cents in the prior-year quarter. Legacy Housing Corporation (NASDAQ: LEGH) (Q3) EPS estimates of 55 cents, compared to 51 cents in the prior-year quarter. Canada Featured Earnings Aurora Cannabis Inc. ( T.ACB ) (Q4) EPS estimates for loss of 27 cents, compared to a loss of 68 cents in the prior-year quarter. Avivagen Inc. ( V.VIV) (Q3) EPS estimates for loss of two cents, compared to a loss of three cents in the prior-year quarter. Tuesday U.S. Economic Lookahead Durable goods orders (Aug.) S&P Case Shiller U.S. home price index (July) FHFA U.S. home price index (July) Consumer confidence index (Sept.) New home sales (Aug.) Featured Earnings Jabil Inc.
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CINCINNATI--(BUSINESS WIRE)--Cintas Corporation (Nasdaq:CTAS) today announced that it will release fiscal year 2023 first quarter results on Wednesday, September 28, 2022. The Company will conduct a conference call to address the financial results. A live webcast of the call will be available to individual investors and the public beginning at 10:00 a.m., Eastern Time, on Wednesday, September 28, 2022. The webcast will be available at www.Cintas.com. Click on the webcast icon and then follow in
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Nomura Warns ''Squeeze'' Risk Returns As CTAs'' Shorts "Now Essentially Established" The ''100 Trillion Dollar Question'' that the world is mulling right now is whether “bad (data) is bad (for markets)” because the Fed and ECB have their hands still tied - i.e. this morning’s ADP miss as a “tell” into NFP - or alternatively, whether “good (data) is bad (for markets)” - i.e. yesterday’s JOLTS and US Consumer Confidence, along with this morning’s “hot” Euro Area inflation beat. Right now, Nomura Strategist Charlie McElligott says in his latest note that it feels like it might be an “all of the above,” at least until we get a number more months of data evidencing fatigue in the inflation impulse State-side, and ultimately, until we begin seeing outright Job LOSSES as the perverse “bullish” signal for Equities, as markets will look to “anticipate the anticipators,” where the Fed may well be forced into “moving the goalposts” back towards a more “balanced” dual-mandate at some point in mid- to late- ’23.
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Hire comes as Nomura looks to significantly bolster its FX and macro trading division globally
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Japanese bank is one of seven offshore FX dealers offering G10 pricing on China’s interbank market
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Despite regulatory hurdles, the experienced and engaged cannabis investors nominated for this year''s Benzinga''s Cannabis Investors Award are making it possible for everyone to tap into the market''s potential. After the overwhelming success of Benzinga''s 4/20 Miami event, the Benzinga Cannabis Capital Conference is returning to Chicago on September 13-14. As part of its fall event, Benzinga will celebrate the outstanding people, companies and organizations in the cannabis industry with the addition of the Benzinga Cannabis Awards . In one of the categories, Benzinga will honor outstanding cannabis investors known for covering the industry and shaping our views of the space. Category: Cannabis Investors Award Ricky Sandler Our lineup starts with Ricky Sandler, founder and CEO of Eminence Capital, a firm focused on identifying solid, growing companies that the market has mispriced. Despite an evident disparity between cannabis companies and their stock prices, Sandler sees a "big money" invested in marijuana over the next five years.
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Watch FX Market Mispricing Europe: Nomura’s Rochester Bloomberg www.bloomberg.com The post Watch FX Market Mispricing Europe: Nomura''s Rochester – Bloomberg appeared first on UK Stocks, Forex, Commodities, Crypto, Live Market News- Daily Forex News .
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Stocks in the news, big brokerage calls of the day, complete trade setup and much more!
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Goldman Sachs and Nomura see limited prospects amid a power supply crunch and growing economic uncertainty Two of the world''s biggest investment banks have slashed China''s economic growth forecast. Goldman Sachs and Nomura both cited Covid-related lockdowns which curbed business and consumer activity in July. Japanese financial holding company Nomura, which continues to maintain one o
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Despite regulatory hurdles, the experienced and engaged cannabis investors nominated for this year''s Benzinga''s Cannabis Investors Award are making it possible for everyone to tap into the market''s potential. After the overwhelming success of Benzinga''s 4/20 Miami event, the Benzinga Cannabis Capital Conference is returning to Chicago on September 13-14. As part of its fall event, Benzinga will celebrate the outstanding people, companies and organizations in the cannabis industry with the addition of the Benzinga Cannabis Awards . In one of the categories, Benzinga will honor outstanding cannabis investors known for covering the industry and shaping our views of the space. Category: Cannabis Investors Award Ricky Sandler Our lineup starts with Ricky Sandler, founder and CEO of Eminence Capital, a firm focused on identifying solid, growing companies that the market has mispriced. Despite an evident disparity between cannabis companies and their stock prices, Sandler sees a "big money" invested in marijuana over the next five years.
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Nomura Warns "Apocalyptic" German PPI Triggers "Unclench" From "Gamma Gravity" Into OpEx US futures are down hard overnight, erasing all the week''s gains, following a stunning German PPI print overnight. Nomura''s Charlie McElligott described the 5.7% MoM surge (and 37.2% YoY) as "apocalyptic"… ...as the energy crisis impact sparks full-blown economic carnage domestically... ... , and knocks-into global Central Bank hike expectations, Rates, FX and Vol. With Euro now being devalued daily due to the energy crisis on fwd growth being doomed—and all into a priced “impulse tightening” ahead in coming months from a “behind the curve ECB” who can do nothing about “supply” and only “demand” (big “ooof”), the spill-over is a global financial conditions surge “tighter / more restrictive,” as the US Dollar “wrecking ball” is again screaming higher—and that’s a negative for global risk-assets Like I have been messaging over the past few weeks, the near-consensus “buy-in” to the “past peak inflation” story is at risk of being caught flat-footed by ongoing “fits and starts” of structural “supply-side” inflation issues which cannot be solved by CB policy, despite the comfort which has been provided locally by the recent roll-over in Commodities / Goods, as well as forward “survey” data Simply-put, inflation is not going to roll-over in a smooth, linear-fashion… and likely stays “sticky higher” above target, keeping CB’s in the uncomfortable “restrictive for longer” territory required And bigger-picture, this is another reminder that even a seemingly idiosyncratic or isolated situation (UK inflation Wednesday, today’s German PPI) can elicit a “butterfly effect” impact: flapping its wings locally, but risk causing a chaotic “tornado” outcome elsewhere, in a future state As the Nomura strategist notes, this horrific escalation of the EU / UK energy disaster in recent days as a knock-on “Vol catalyst” potential elsewhere, and how critical this could be with the concurrent timing of the Equities Op-Ex “window for Vol expansion,” as we see a large amount of $Gamma set to drop-off today, which then allows for resumption of broader distribution of price-outcomes thereafter...
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M5.6 earthquake 39 km ESE of Rancagua, Chile ICYMI - Goldman Sachs cut its forecast for China GDP AUD/USD little changed after the jobs miss (but jobless rate beat!) US diplomat top Kritenbrink comments on Taiwan, China - US does not seek a crisis Australia July jobs -40.9K (expected +25K) & Unemployment rate 3.4% (expected 3.5%) PBOC sets USD/ CNY central rate at 6.7802 (vs. estimate at 6.7789) US and Taiwan will commence formal negotiation on trade agreement Nomura slash their China 2022 GDP forecast even further. Germany - eyes on the Rhine river water level, relief seen this weekend ICYMI - Russia''s earnings from energy exports this year up 38% on 2021 BlackRock are both overweight and underweight equities Reuters survey show more wage hikes in Japan Scotia expect a stronger yuan in the weeks ahead - forecast Chinese financial media reports potential for CNY 1.5 tn debt issuance to fund investment "PBOC has limited room to ease due to concerns over inflation, capital flight" ICYMI - OPEC''s Al Ghais forecasts global oil demand rising 3 mn barrels / day by year end RBNZ''s Governor Orr says at times monetary policy was overly loose Societe Generale likes AUD vs GBP as a long-term trade Trade ideas thread - Thursday, 18 August 2022 Forexlive Americas FX news wrap: US consumer holds up.
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I posted on Nomura taking a knife to its forecast Nomura slash their China 2022 GDP forecast even further. This was earlier ICYMI: Goldman Sachs cuts China 2022 GDP forecast to 3.0% from 3.3% This article was written by Eamonn Sheridan at www.forexlive.com.
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Nomura Holdings'' valuation is reasonably attractive with key re-rating catalyst in the form of ROE expansion. See why I continue to assign a Hold rating to NMR.
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Asia''s export boom is showing signs of slipping into a deeper than expected downturn, HSBC Holdings Plc. and Nomura Holdings Inc. both warned in research notes
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Joining from Nomura, Yu Qing is taking on a newly formed role to lead the US asset manager’s onshore business from the mainland. The post Franklin Templeton hires China head appeared first on Fund Selector Asia .
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Yu was most recently chairman of the board at Nomura Orient International Securities
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Nomura said in a report that external fund-raise is key for 5G rollouts/market share defence for Vodafone Idea.
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Nomura Holdings, Inc. (NYSE:NYSE:NMR) Q1 2023 Results Conference Call August 03, 2022 05:30 AM ET Company Participants Takumi Kitamura - CFO Conference Call Participants Masao Muraki - SMBC…
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Vodafone Idea MD Ravinder Takkar said the fund infusion by promoters, the government reform package, return of bank guarantees and tariff hikes are being perceived positively by the lender and investor community and the telco remains in active talks for funds.In an earnings call with analysts Thursday, Takkar also said that 5G pricing will depend on the evolution and adoption of 5G use cases. But he does see it being priced at a premium to 4G with the caveat that it will require higher data bundling given the expected increase in data consumption over 5G.The comments came with analysts raising concerns over the telco''s ability to protect its market share in light of reducing capex towards expanding its current 4G network. They also questioned the ability of the telco to roll out meaningful 5G services, with stronger peers Bharti Airtel and Reliance Jio poised to roll out their networks shortly.Takkar told analysts that the telco has made strategic spectrum buys in the recently-concluded spectrum auction, with focus on 17 priority circles. "We have bought mid-band spectrum in our 17 priority circles.
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Alibaba Group Holding Ltd, on Thursday reported flat quarterly revenue growth for the first time in its history, showing how China’s COVID lockdowns have hit its business. The slowdown adds to challenges facing China’s e-commerce giant, which has enjoyed double-digit revenue growth almost every quarter since it went public in 2014, as it navigates Beijing’s crackdown on tech companies as well as its scrutiny of founder Jack Ma. Still, Alibaba’s performance was better than expected and its shares jumped 5% in pre-market trading. China locked down dozens of cities between April and May as the Omicron COVID variant swept through the country, with major cities, including Shanghai, facing some of the harshest restrictions that paralysed intra and inter-city delivery and prevented households from shopping online. Analysts at Nomura estimated in mid-April that 45 cities in China, representing 40% of its GDP, were under full or partial lockdowns. Alibaba said: “Following a relatively slow April and May, we saw signs of recovery across our businesses in June.
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Nomura Holdings press release (NMR): Q1 GAAP EPS of ¥0.52.Revenue of ¥299B (-15.3% Y/Y).
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Futures Jump, Bonds Slump As Taiwan Tensions Ease If yesterday morning markets were losing their mind over the potential risk of World War 3 ahead of Nancy Pelosi''s arrival in Taiwan, this morning it has been a mirror image, with risk assets rising and fears unclenching as investor anxiety over tense US-China ties eased after Pelosi left Taiwan less than 24 hours after arriving after pledging solidarity and hailing its democracy, leaving a trail of Chinese anger over her brief visit to the self-ruled island that Beijing claims as its own. Meanwhile, despite all the jawboning, China''s response to Pelosi''s Taiwan visit fell short of more aggressive expectations raised by nationalists like Hu Xijin, the former editor-in-chief of the Global Times, giving markets a breather. Among them: Trade : Beijing added boycotts to fish and fruit imports from Taiwan and banned natural sand exports. It also prohibited dealings with some Taiwanese companies including Hyweb. Markets : China''s potential to weaponize its almost $1 trillion pile of US bonds became a source of chatter after yesterday''s surge in Treasury yields.
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Cintas (NASDAQ: CTAS ) has outperformed the market over the past 15 years by 10.62% on an annualized basis producing an average annual return of 17.79%. Currently, Cintas has a market capitalization of $42.72 billion. Buying $1000 In CTAS: If an … Full story available on Benzinga.com
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Related Stocks: ADBE , CTAS , INTU , MSCI , SHW ,
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Cintas (NASDAQ:CTAS) declares $1.15/share quarterly dividend, 21.1% increase from prior dividend of $0.95.Forward yield 1.16%Payable Sept. 15; for shareholders of record Aug. 15; ex-div Aug.
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CTAS is a high-quality business that qualifies as a legacy moat. Consolidation not likely with biggest competitors, so shareholder yield takes on greater importance.
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Cintas remains one of the more interesting conservative dividend stocks out there - one I hope to be able to invest in and to buy when we see more drops.
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CINCINNATI--(BUSINESS WIRE)---- $CTAS--Cintas Corporation (Nasdaq: CTAS) has again been recognized among the “Best Places to Work for Disability Inclusion” after receiving a qualifying score on the 2022 Disability Equality Index®, the leading non-profit resource for business disability inclusion worldwide. Cintas’ recognition as a “Top Scorer” as an 80 Score company on the DEI® demonstrates the company’s ongoing commitment to building and developing a widely diverse workforce that represents its communit
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Related Stocks: CTAS , UNP , UNH , AMGN , CF ,
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Uniform maker UniFirst-Corp. (UNF) may be a potential acquisition candidate for Cintas (CTAS) based on some comments Cintas made on Thursday and some recent flight tracking data,…
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RBC Capital analyst Ashish Sabadra lowered the price target on Cintas Corp (NASDAQ: CTAS ) to $450 (an upside of 16%) from $475, citing elevated macroeconomic uncertainty. Sabadra maintained the Outperform rating on the shares. The analyst stated that CTAS'' 4Q22 results beat expectations and provided strong FY23 revenue guidance. He believes revenues are more resilient than the prior downturn, namely the Global Financial Crisis in 2008. Sabadra believes that … Full story available on Benzinga.com
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Cintas''s (NASDAQ: CTAS ) short percent of float has fallen 20.9% since its last report. The company recently reported that it has 920.30 thousand shares sold short , which is 1.06% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.8 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price … Full story available on Benzinga.com
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Cintas (CTAS) has joined the FTSE4Good Index.The company rated above the average of its peers in FTSE Russell''s Business Support Services industry subsector for ESG Rating,…
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Cintas Corporation (NASDAQ:NASDAQ:CTAS) Q4 2022 Earnings Conference Call July 14, 2022 10:00 A.M.
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Cintas Corp (NASDAQ: CTAS ) reported fourth-quarter FY22 sales growth of 13% year-on-year to $2.07 billion, beating the consensus of $2.01 billion. The organic revenue growth rate was 12.7% for the quarter. The organic revenue growth rates for the Uniform Rental and Facility Services … Full story available on Benzinga.com
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Cintas Earnings, Revenue Beat in Q4
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Cintas (CTAS) is scheduled to announce Q4 earnings results on Thursday, July 14th, before market open.The consensus EPS Estimate is $2.68 (+8.5% Y/Y) and the consensus Revenue Estimate…
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CTAS will announce fourth-quarter earnings Thursday as it looks to close the 2022 fiscal year with strong growth numbers.
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Cintas (NASDAQ: CTAS ) will host a conference call at 10:00 AM ET on July 14, 2022, to discuss Q4 2022 earnings results. How to Attend Cintas (CTAS) Conference Call Follow this link to access the live webcast. To listen to the call, dial (US) or (International) What Is an Earnings Conference Call? Earnings conference … Full story available on Benzinga.com
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Business service provider Cintas Corporation (NASDAQ: CTAS) seems to have all the right ingredients in place to post upbeat earnings for the fourth quarter of Fisca…
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Cintas could pare its June loss with a strong July
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CINCINNATI--(BUSINESS WIRE)--Cintas Corporation (Nasdaq: CTAS) today announced that it will release fiscal year 2022 fourth quarter financial results on Thursday, July 14, 2022, before the market opens. The Company will conduct a conference call to address the financial results. A live webcast of the call will be available to individual investors and the public beginning at 10:00 a.m., Eastern Time, on Thursday, July 14, 2022. The webcast will be available at www.Cintas.com. Click on the webcas
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Growing Pains Cut Into Unifirst Results Unifirst (NYSE:UNF) has been working hard to grow its business in an effort to compete more directly with uniform and business services company Cintas (NASDAQ:CTAS). Looking at the top line, those efforts are paying off but it is costing the company on the bottom line. The bottom-line results, and […]
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Cintas Corporation (NASDAQ:CTAS) shares, rose in value on Friday, 06/24/22, with the stock price up by 3.45% to the previous day’s close as strong demand from buyers drove the stock to $379.18. Actively observing the price movement in the last trading, the stock closed the session at $366.53, falling within a range of $368.72 and … Cintas Corporation (NASDAQ: CTAS) Up 3.45%: This Is What Analysts Now Expect Read More »
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Cintas Corporation (CTAS) shares closed today at 1.0% above its 52 week low of $343.86, giving the company a market cap of $35B. The stock is currently down 21.2% year-to-date, down 3.0% over the past 12 months, and up 179.4% over the past five years. This week, the Dow Jones Industrial Average fell 4.8%, and the S&P 500 fell 5.7%. Trading Activity Trading volume this week was 25.8% higher than the 20-day average.Beta, a measure of the stock’s volatility relative to the overall market stands at 1.0. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold.The stock closed at 1.4% lower than its 5-day moving average, 8.2% lower than its 20-day moving average, and 11.0% lower than its 90-day moving average.
Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Communication Services industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 50.8% The company's stock price performance over the past 12 months beats the peer average by -86.7% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 24.5% higher than the average peer.
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
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Cintas''s (NASDAQ: CTAS ) short percent of float has risen 5.66% since its last report. The company recently reported that it has 975.10 thousand shares sold short , which is 1.12% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.9 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price … Full story available on Benzinga.com
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Cintas (NASDAQ: CTAS ) has outperformed the market over the past 15 years by 9.68% on an annualized basis producing an average annual return of 16.14%. Currently, Cintas has a market capitalization of $38.79 billion. Buying $100 In CTAS: If an … Full story available on Benzinga.com
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Cintas (NASDAQ: CTAS ) has outperformed the market over the past 5 years by 14.57% on an annualized basis producing an average annual return of 25.74%. Currently, Cintas has a market capitalization of $40.73 billion. Buying $1000 In CTAS: If an … Full story available on Benzinga.com
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Cintas enjoys multiple EPS tailwinds manifested in the hospitality sector rebound, introduction of new services, and M&A. Read more about CTAS stock here.
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Stocks that traded heavily or had substantial price changes Wednesday: Adobe, Worthington fall; General Mills, Cintas rise
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Pre-open movers U.S. stock futures traded lower in early pre-market trade after the Dow Jones jumped around 250 points in the previous session. Investors are awaiting earnings results from General Mills, Inc. (NYSE: GIS ), KB Home (NYSE: KBH ) and Cintas Corporation (NASDAQ: CTAS ). Federal Reserve Chair Jerome Powell is set to speak at 8:00 a.m. ET. Data on new home sales for February will be released at 10:00 a.m. ET. Federal Reserve Bank of San Francisco President Mary Daly will speak at 11:45 a.m. ET. Futures for the Dow Jones Industrial Average dropped 68 points to 34,641.00 while the Standard & Poor’s 500 index futures fell 9.25 points to 4,495.75. Futures for the Nasdaq index fell 33 points to 14,621.00. Check out our premarket coverage here . Oil prices traded higher as Brent crude futures rose 1.2% to trade at $116.88 per barrel, while US WTI crude futures rose 1.2% to … Full story available on Benzinga.com
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