Friday, October 4, 2013

Friday Oct 4 pre-mkt outlook

The /ES looks to open around 1672 after finishing yesterday at 1670. It traded at an overnight low of 1668 and a high of 1675. The 10yr is trading around 2.63 after finishing yesterday at 2.61. Non-Farm payrolls were supposed to be released at 0830 but the government shutdown has postponed that to an undetermined time in the future.

$AAPL is in the news as $BBY offers a $50 gift card to knock the price down on the iPhone 5c. AAPL stock appears to be unchanged from yesterday's close at 483.

$FB is going to start posting ads on its Instagram platform. The stock is trading higher at 49.80 from a close of 49.20.

That's about it for this AM.

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