Good morning. M&A activity in the metals industry (
RTP), more earnings reports (
CSCO,
F,
AIG,
NWS,
HANS,
TOL, &
FSLR), and monthly
retail data are keeping investors very busy this morning.
At 10AM Bernanke will give his economic outlook to the Joint Economic Committee in Washington. For what it is worth, in spite of similar cries for interest rate cuts overseas, the European Central Bank left rates alone this morning. Premarket futures have been volatile and currently point to a mixed open.
Premarket gainers: FSLR, RTP, TRLG, FOLD, ESLR, HEES, JASO, SRVY, ENER, AAUK, ASTIZ, YTEC, ASTI, CSIQ, GRRF, CTRP, SPWR, SCUN, DSTI, AKNS, NTWK, CY, SOLF, HOKU, CTRP, RMBS, GOLD, RIO, AAUK, SPIR, GMCR, CTDC, FCX, ASGN, BLDP, PRXI, PLCE, GIGM, PCU, VPHM, ICFI, EGLE, URBN, ESPD, KNOL, FWLT, MICC, VRTX, and ACAS.