Список проголосовавших за комментарий " Midday Market Summary: Stock Market Flat at Midday<p>The stock market has been hit with news on all fronts--corporate, economic, and political--but it has snubbed it all as the major averages have clung to their flat lines through the first half of today's session.</p><p>On the corporate front, the earnings season is alive and well with a cluster of large-cap names reporting between yesterday's close and this morning's open. The results were technically mixed, but leaned towards negative as investors reacted cautiously to reports from <strong>Celgene</strong> (CELG 112.80, -1.18), <strong>Bristol-Myers Squibb</strong> (BMY 47.31, -2.25), <strong>Qualcomm</strong> (QCOM 53.68, -3.21), <strong>Ford Motor</strong> (F 12.35, -0.43), and <strong>Raytheon</strong> (RTN 141.65, -5.22). Only one Dow component reported this morning, <strong>Caterpillar</strong> (CAT 98.31, +0.16), showing mixed results. The company is down 1.0% as disappointing revenue overshadowed better than expected earnings per share. </p><p>However, the reactions weren't all bad, and a handful of companies are up after reporting quarterly earnings, including <strong>Comcast</strong> (CMCSA 75.08, +1.62), <strong>Dow Chemical</strong> (DOW 61.00, +0.81), <strong>Biogen</strong> (BIIB 280.30, +7.06), and <strong>eBay</strong> (EBAY 31.63, +1.41). The four names all show gains between 1.5% and 5.3%. </p><p>On the political front, Mexican President Enrique Pena Nieto officially canceled his upcoming meeting with President Trump after the U.S. President tweeted «if Mexico is unwilling to pay for the badly needed wall, then it would be better to cancel the upcoming meeting», this morning. Only time will tell if Mr. Trump's relations with foreign leaders will be as friendly to the stock market as his domestically focused, pro-growth agenda has been.</p><p>Sector standings have lacked leadership thus far, with all spaces posting gains/losses between -0.4% and +0.4%. At the top of the leaderboard is consumer discretionary (+0.4%), riding on Comcast's upbeat earnings report, while telecom services (-0.4%) sit at the bottom despite <strong>AT&T</strong> (T 41.54, +0.13) reporting in-line earnings this morning. </p><p>Treasuries have returned to their flat lines after spending the morning session in negative territory. The 10-yr yield is near its overnight low, up one basis point at 2.53%.</p><p>Today's economic data included Initial Claims, International Trade in Goods, New Home Sales, and Leading Indicators:</p><ul><li>The latest weekly initial jobless claims count totaled 259,000 while the Briefing.com consensus expected a reading of 246,000. Today's tally was above the revised prior week count of 237,000 (from 234,000). As for continuing claims, they rose to 2.100 million from the revised count of 2.059 million (from 2.046 million).<ul><li>The headline for initial claims was a bit disappointing, yet the key takeaway is that there wasn't really any major deviation from the underlying trend considering how low the initial claims reading has been in recent weeks.</li></ul></li><li>December International Trade in Goods decreased by $65.00 billion on the back of a unrevised $65.30 billion decline in November.</li><li>New Home Sales in December hit an annualized rate of 536,000, which was below the revised November rate of 598,000 (from 592k), and less than the 589,000 that was expected by the Briefing.com consensus.<ul><li>The key takeaway from the report is that the combination of higher prices and higher mortgage rates appears to have squeezed the home-buying capability of lower-income consumers, evidenced by the drop in sales of new homes priced under $299,999.</li></ul></li><li>The Conference Board's Leading Indicators report for December ticked up 0.5% (Briefing.com consensus +0.5%) after a 0.1% increase (from 0.0%) in November.<ul><li>The key takeaway from the December report is that the component indexes suggest the economic expansion should continue and possibly increase in the near term.</li></ul></li></ul>"