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U.S. Day Ahead: Weak mfg data could shake investors again

Thursday, May 23, 2013 - 01:45

May 23 - Investors will focus on the latest durable goods orders on Friday. IFR says a negative surprise reading could spook jittery markets.

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Manufacturing worries may once again move the markets the big digit to focus on Friday is durable goods orders. Our top experts that I -- -- say if you strip away volatile spending on aircraft and defense. Borders should grow by eight tenths of a percent. That's a modest rebound from two months of street decline but I as far as warning if the bigger that negative. That could shake investors' nerves especially after the disappointing Chinese heavy industry data that helped spark a sell off in stocks around the world on Thursday. The FMP 500 and issues we've got to come back and was down. Slightly at the close. Investors will also pay close attention to data out of Germany the Euro zone's largest economy and the morning we'll get new reports on business confidence and GDP. Analysts say they expected data point to a slowdown in the second quarter. More in check out tires -- -- in the F. Expect Abercrombie -- to show it hasn't managed to weather the winds are better than its rivals. When it reports earnings competitors like American Eagle and Urban Outfitters took big hits to their sales. -- -- stay away from buying spring fashions but analysts and RBC capital markets -- Abercrombie managed to contain the damage. Through aggressive promotions and crystal updates to clothing lines making them more clothes streets dot com. RBC's as losses shouldn't be as bad as expected. Investors appear to agree Abercrombie shares soared over 50%. Last year when. Follow us on Twitter at Reuters Insider and get more of our video that Reuters dot com slash writers TV. And don't forget bond markets close early at 2 PM eastern for the Memorial Day weekend. I'm putting -- three years.

U.S. Day Ahead: Weak mfg data could shake investors again

Thursday, May 23, 2013 - 01:45

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