Stocks Cautious Before Earnings, Economic Data


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Stock futures are trading defensively this morning as the December jobs report, jitters before this week's retail sales and manufacturing data as well as concerns surrounding fourth quarter earnings dampens demand for U.S. equities versus their foreign counterparts. According to a report from Thomson Reuters Q4 earnings are expected to increase 7.3% from the same period last year, but the ratio of negative to positive guidance is at 9.8%, the largest on record. Already Lululemon ( LULU ) and Sodastream ( SODA ) have issued earnings warnings this morning, dragging both stocks deep into negative territory.

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This article appears in: Investing , Commodities
More Headlines for: LULU , SODA

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