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Durable Goods Orders: Unfilled orders of manufactured durable goods in June, up following two consecutive monthly decreases, increased $1Bil or 0.1% to $1,195.8Bil. This followed a 0.5% May decrease. Inventories of manufactured durable goods in June, up twenty-four of the last twenty-five months, increased $1.6Bil or 0.4% to $402.3Bil.
$BABA seems to be on a roll! But increasing its yearly sales outlook from 48% to 54% seems over-expectation from the company's part, doesn't it?
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?