Ações subir antes de fechar, liderada pelos bancos

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Stocks extended their gains Monday, with the Dow and S&P on track to break a three-day losing streak, ahead of a crucial vote on austerity measures in Greece and after banking regulators announced capital rules that were less burdensome than expected.

The Dow Jones Industrial Average gained, led by BofA [BAC  Loading...      ()   ] , AmEx [AXP  Loading...      ()   ] and Microsoft [MSFT  Loading...      ()   ] , after ending lower last week amid continuing jitters over the euro zone debt crisis. The Dow is heading for its biggest daily gain in over two months.

The S&P 500 and the tech-heavy Nasdaq were higher. The CBOE Volatility Index, widely considered the best gauge of fear in the market, slipped below 21.

Techs, consumer discretionary and banks were the biggest gainers among the S&P sectors.

"The entire summer can be dictated by the next two weeks—Greece and jobs," said Todd Schoenberger, managing director of LandColt Trading.

“Greece is still the top on traders’ minds—the debate begins in Greece tonight and there are also organized protests,” noted Schoenberger. “There is nervousness and uneasy feeling, and you’re going to see volatility for the rest of the week up until Friday.”

The Greek parliament was debating a fresh austerity package but the government is fragile and analysts fear that it may not pass. The euro slipped against the dollar ahead of the vote.

Meanwhile, French President Nicholas Sarkozy offered a solution for banks to roll over holdings of Greek debt for 30 years as the Greek government fought to support the austerity plan to avoid a default.

"We're still a couple years away from Greek default," Marc Chandler, currency strategist at Brown Brothers Harriman told CNBC. "I know many people think it's imminent, but the European officials will do everything they can to prolong [a default]...so that banks in Europe will be stronger and better prepared to deal with it."

Financials gained after regulators proposed higher tier one capital ratios for big and systemically important banks over the weekend in effort to stabilize the system.

Meanwhile, Rochdale Securities vice president for equity research Dick Bove said BofA stock is "massively undervalued."

Rivals Citigroup [C  Loading...      ()   ] , Goldman Sachs [GS  Loading...      ()   ] and Morgan Stanley [MS  Loading...      ()   ] were also trading higher. But despite the day's rally, the sector is still the worst performer in 2011.

The Bank for International Settlements said interest rates must rise in order to fight global inflation and that delays in cutting budget deficits may make the sovereign crisis even worse.

Oil prices were mixed with U.S. light, sweet crude slipping 55 cents to settle at $90.61 a barrel, while London Brent crude gained 87 cents to settle at $105.99.

Among techs, Microsoft [MSFT  Loading...      ()   ] rose ahead of an anticipated release of a version of the software giant's Office that is accessible via the Internet. Microsoft is the best performer on the Dow for June, the first time the stock has outperformed the blue-chip index on a monthly basis.

Cisco [CSCO  Loading...      ()   ] gained even after the tech bellwether was cut to "neutral" from "outperform" by Cowen. Cisco is the worst performer on the Dow this year.

Meanwhile, the Supreme Court said the government cannot ban the sale of violent video games to minors as it would violate free-speech rights. Shares of Take-Two Interactive [TTWO  Loading...      ()   ] and Activision Blizzard [ATVI  Loading...      ()   ] gained following the rule.

LDK Solar [LDK  Loading...      ()   ] jumped after the Chinese solar company said it plans to buy back up to $100 million of its undervalued American Depository shares (ADSs).

Disney [DIS  Loading...      ()   ] gained even after Nomura cut its price target on the media conglomerate to $45 from $47.

GSV Capital [GSVC  Loading...      ()   ] jumped after the investment fund said it has taken a small stake in Facebook that values the social networking site at about $70 billion.

In M&A news, Continucare [CNU  Loading...      ()   ] skyrocketed more than 30 percent after Metropolitan Health Networks [MDF  Loading...      ()   ] offered by acquire the health care firm for about $416 million.

And LeapFrog [LF  Loading...      ()   ] gained after the CEO of the educational toy maker said the firm is open to the idea of being acquired.

And in earnings, Nike [NKE  Loading...      ()   ] is slated to report after-the-bell. (Read More: Nike Most Important Stock Today)

Treasury prices extended losses after the government auctioned $35 billion in 2-year notes, which had a a high yield of 0.395 percent and a bid-to-cover of 3.08. Auctions of 5-year notes and 7-year notes are expected Tuesday and Wednesday, respectively.

President Obama is due to meet Senate leaders to discuss about raising the U.S. debt ceiling, with an Aug. 2 deadline approaching.

On the economic front, consumer spending was largely unchanged in May for the first time in almost a year, according to the Commerce Department, while a reading on Midwest manufacturing rose slightly in May from the prior month.

European shares ended higher, after falling for eight straight weeks, amid hopes of a solution to Greece's debt problem.

On Tap This Week:

MONDAY: Earnings from Nike
TUESDAY: S&P Case-Shiller home price index, consumer confidence, 5-yr note auction, IMF board to select new chief
WEDNESDAY: Weekly mortgage apps, pending home sales index, oil inventories, 7-yr note auction, farm prices, Dell analyst meeting, Fed meeting on card fees; Earnings from Family Dollar, General Mills, KB Home, Monsanto
THURSDAY: Weekly jobless claims, Fed's Bullard speaks, Chicago PMI, End of QE2, Marathon Oil split takes place
FRIDAY: Consumer sentiment, ISM mfg index, construction spending, Biden's deadline for deficit plan, HP launches TouchPad, auto sales

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Ganhar de existências acentuadamente, liderada por energia; Cisco desliza

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Stocks rallied over 1 percent Tuesday following a handful of economic data that helped boost investor confidence and after China's robust industrial production report.

The Dow Jones Industrial Average jumped more than 100 points to surpass the 12,000-mark after squeezing out a small gain in the previous session. Most stocks on the blue-chip index were higher, led by Home Depot [HD  Loading...      ()   ] , Caterpillar [CAT  Loading...      ()   ] and DuPont [DD  Loading...      ()   ] .

The S&P 500 and the tech-heavy Nasdaq also rose. The CBOE Volatility Index, widely considered the best gauge of fear in the market, fell below 19.

All key S&P sectors were higher, led by energy, industrials and consumer discretionary.

“Bulls are looking for a good reason to buy at depressed levels and investors are also feeling that way,” said Michael Gault, senior portfolio strategist for Weiser Capital Management. “The key is whether the rally will be sustained through the end of the day—that’s more telling.”

Gault noted that economic news in the last few weeks has been poor and the markets are going to need a “greater macro picture” to see a “more consistent and a less volatile road ahead.”

Most banks rose, rebounding after trading lower in the last few weeks. Goldman Sachs [GS  Loading...      ()   ] and Wells Fargo [WFC  Loading...      ()   ] gained.

JPMorgan [JPM  Loading...      ()   ] gained after the firm ousted its head of home lending, David Lowman.

HSBC [HBC  Loading...      ()   ] said it had agreed to sell parts of its Russian retail banking business to Citi [C  Loading...      ()   ] amid plans to focus on commercial and wholesale banking in Russia.

Meanwhile, Morgan Stanley [MS  Loading...      ()   ] after RBC started coverage of the bank with an "underperform" rating.

And Capital One [COF  Loading...      ()   ] slipped after news the bank is expected to buy ING Groep's online-banking business.

On the tech front, Apple [AAPL  Loading...      ()   ] agreed to settle a long-running row over patents with Nokia [NOK  Loading...      ()   ] , which would give a boost to the faltering mobile-phone maker's earnings. Meanwhile, Apple is slated to start selling its latest Macbook Air in late June.

Intel [INTC  Loading...      ()   ] and Entropic Communications [ENTR  Loading...      ()   ] rose after the two tech firms announced a partnership to develop an advanced video gateway.

Hewlett-Packard [HPQ  Loading...      ()   ] announced the departure of two senior officers Monday afternoon and said a veteran executive was moving to its board amid another management shakeup under its new CEO Leo Apotheker.

Meanwhile, Cisco [CSCO  Loading...      ()   ] slipped after RBC cuts its rating on the tech bellwether to "underperform" from "outperform" and price target to $14 from $22.

On the earnings front, Best Buy [BBY  Loading...      ()   ] jumped after the electronics retailer's results beat estimates and the firm backed its earnings outlook for the year.

GT Solar [SOLR  Loading...      ()   ] raised its first-quarter profit and revenue outlook when it after product upgrades that had been expected in the second quarter were finished early. Other solar stocks were also higher following the news.

Meanwhile, Kellogg [K  Loading...      ()   ] fell after the FDA issued a warning to the cereal producer, saying it found a food contaminant while inspecting one of its plants.

Avis Budget [CAR  Loading...      ()   ] said it acquired Avis Europe for $1 billion, raising concerns that the car-rental firm will end the bidding war for Dollar Thrifty [DTG  Loading...      ()   ] , which had also received an offer from Hertz [HTZ  Loading...      ()   ] .

Among the day's economic news, retail sales—which provide a snapshot of consumption—fell for the first time in 11 months, although the decline was less than expected. Total retail sales slipped 0.2 percent, according to the Commerce Department. Economists had forecast retail sales falling 0.4 percent, according to Reuters.

Department stores Nordstrom [JWN  Loading...      ()   ] , Macy's [M  Loading...      ()   ] and Saks [SKS  Loading...      ()   ] were up more than 3 percent each.

JCPenney [JCP  Loading...      ()   ] soared almost 20 percent after the clothing retailer named former Apple's head of retail operations Ron Johnson as the new CEO.

Meanwhile, the Producer Price Index, which measures price changes before they reach the consumer, increased 0.2 percent in May, according to the Labor Department. Excluding the volatile food and energy categories, the core index also increased 0.2 percent.

“Numbers were mostly in line, maybe a little bit better, so the scare is behind us now and we’ve backed into a level where we can find support,” Gordon Charlop of Rosenblatt Securities told CNBC.

“Corporations have cash and we know that at some level, they’ll have to put them to work and at some point, and so we’ll see more M&A activity and more buybacks,” Charlop added.

Stocks were initially boosted after the Chinese central bank raised reserve ratios requirement for banks for the ninth time since last October after data showed inflation rising to its highest level in almost three years.

The Chinese output report helped boost metals prices, lifting mining and industrial stocks such as Freeport McMoran [FCX  Loading...      ()   ] and Caterpillar [CAT  Loading...      ()   ] .

Analysts said the data suggested a measured slowdown of the Chinese economy and this encouraged investors to go into risky assets. But economist Nouriel Roubini said China is facing a "meaningful probability" of a hard landing.

Oil prices gained following the economic news with U.S. light, sweet crude rising to trade near $98 a barrel and London Brent crude above $120.

Also on the economic front, business inventories rose 0.8 percent to $1.5 trillion in April, the highest since October 2008, according to the Commerce Department. Economists polled by Reuters had forecast inventories rising 0.9 percent.

European shares closed sharply higher as investors bought into riskier assets after the positive Chinese economic report.

On Tap This Week:

WEDNESDAY: Weekly mortgage apps, CPI, Empire state mfg survey, Treasury international capital, industrial production, housing market index, Geithner testifies before House Financial Services, oil inventories, credit card default rates reported, Dell shareholder mtg, Google Chromebook goes on sale
THURSDAY: Housing sales, jobless claims, current account, Philadelphia Fed survey, Fed's Fisher speaks, money supply; earnings from Kroger, Pier 1 Imports, Smithfield Foods, Research In Motion
FRIDAY: Consumer sentiment, leading indicators, quadruple witching

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Reservas com antecedência, liderada por materiais, energia

Existências reuniram-se novamente após reduzem ganhos no comércio tranquilo antes neste dia da lembrança na sequência económico novo feriado comum entre os consumidores e as vendas. o dow jones Industrial average aumentou mais de 60 pontos após final ligeiramente superior em uma sessão de quinta-feira agitada. A maioria dos componentes do Dow foi obtido, com JPMorgan [JPM Loading...]      [() ] e Bank of America [Lac Carregando...]      [() ] Entre aqueles levando a embalagem. A S & P 500 e o Nasdaq também aumentou. O índice de volatilidade CBOE, amplamente considerado o melhor indicador de medo no mercado, não atendeu 16. a maioria dos sectores-chave da S & P 500 ganharam, liderada por materiais, demonstrações financeiras e da energia. O rebote modesto em ações hoje e os últimos dias, reflete o fato do mercado "é surpreendentemente exagerado muito rapidamente," disse Doug Godine, chefe de vendas comerciais e institucionais para sinal Hill Capital.  "Começamos a ver uma snapback rali ao largo da Costa desses números baixos".Vá em frente, que Godine permanece cautelosamente otimista. "Para cada ponto de dados económicos ou dados de ganhos que eu sinto que você obter dois vouchers para um mau e vou aproveitar que agora", disse ele.Até que o balanço das empresas continua forte e demonstrar o crescimento da renda, ele acha que este será o caso, adicionado Godine "que será suficiente para manter esta drible de dinheiro ao largo da Costa de introduzir quotas de chaves,". "Ainda não chegámos ao ponto de não retorno onde torna-se uma inundação." "Mas é uma posição muito forte para os mercados de capital próprio em".Mais uma vez, enquanto maio foi um mês ruim para as unidades, Junho pode ser pior, se você considerar a história, de acordo com Dan Greenhaus, chefe estrategista econômica em Miller Tabak. "Em Junho, mercado de urso secular tem sido plano ou declínio em 73% das vezes," Greenhaus escreveu uma nota para os clientes. Na notícia dos ganhos, tecnologia de Marvel [MRVL Carregando...]      [() ] saltou apesar da diminuição de forma inesperada em lucros como a empresa de semicondutores grande deu um panorama surpreendentemente otimista. Mas OmniVision [OVTI Carregando...]      [() ] afundou a orientação decepcionante, apesar de um salto nos lucros do quarto trimestre e margens para o designer do chip, que fabrica produtos para o iPhone. SW Medco Healthsoluções de[MHS Loading...]      [() ] afundou após a notícia que moverá Blue Cross Blue Shield sua correspondência e farmácia de especialidade beneficiam cobertura para o programa Federal de funcionário da empresa de cuidados de saúde, que é especializada em serviços de farmácia. Em outros lugares, eBay [EBAY Loading...]      [() ] e PayPal continuou Google [GOOG Loading...]      [() ] em segredos comerciais. Avançado ou como um relatório disse que as importações chinesas foram provavelmente booster, aquece o debate entre os touros e os ursos. Os rendimentos de Treasurys caiu como compradores apressou-se em, assustado com a crise da dívida e a perspectiva de um mais fraco do que o esperado na economia dos EUA. Agora de boas compradores dos e.u. banco no crescimento da procrastinaçãodisse analistas CNBC.com.On frente econômica nos Estados Unidos, na pendência de vendas caiu 11,6% em Abril, a partir de Março e 26. 5 por cento um ano antes, a National Association of Realtors, disse. Mas um final de leitura em um sentido de consumo passado para 74,3, 69,8 até o mês antes e melhor do que o 72,4 inicialmente relatado pela Thomson Reuters/Universidade de Michigan. Economistas entrevistados pela Reuters esperavam que o índice permanece inalterado. Além disso, renda pessoal e gastos pessoais cada aumentaram 0,4% em Abril, informou o departamento de comércio. Renda pessoal foi até 0,4% em Março, e ganho de abril era esperado, enquanto as despesas cresceram menos esperada em Abril, depois de subir por 0. 5% em March.The apenas também a aumentar as existências mesmo no meio dos líderes políticos que notícias gregas não tem de chegar a acordo sobre a maneira de resolver a crise de dívida do país, de acordo com fontes, emocionante Reuters relatou.O Dólar caiu em relação ao euro e uma cesta de moedas , então mesmo que preocupações de dívida da zona euro continua a ser problemática.Na Europa, um aumento no preço dos metais empurrado maiores empresas de mineração ações, enquanto um relatório que bancos europeus pode ser capaz de evitar as maiores capitais regras impostas por Basiléia III ajudou as ações de bancos.Para operar a próxima semana:Segunda-feira: Memorial Day - fechado todos os mercados.
Terça-feira: S & P Case - Shiller Home Price Index, PMI de Chicago, a confiança dos consumidores, os preços agrícolas.
Quarta-feira: Aplicações de hipoteca, emprego Challenger - cortar o relatório, um relatório sobre o emprego ADP, índice de fabricação do ISM, despesa da construção, as vendas de veículos a motor; D9: All things Digital Conferência.
Quinta-feira: vendas de Cadeia de lojas, créditos sem emprego, ordens de fábrica, reservas de gás natural, petróleo e estoques, a oferta de moeda.
Sexta-feira: Relatório de folha de pagamento não-agrícolas, índice de não-fabricação ISM; Reunião dos accionistas da Wal-Mart.Mais em CNBC.com

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