Fri, 18 January 2019
FB Twitter Rss
Thu, 01 December 2011 05:34:54

U.S. stock futures signal lower open, Yahoo eyed

* U.S. stock index futures pointed to a weaker open on Wall Street on Thursday, with futures for the S&P 500 down 0.5 percent, Dow Jones futures down 0.4 percent and Nasdaq 100 futures down 0.2 percent at 0937 GMT.

* Yahoo will be in the spotlight after a source told Reuters Blackstone Group and Bain Capital are preparing a bid for all of the company with Asian partners in a deal that could value Yahoo at about $25 billion. Yahoo's stock, traded in Frankfurt, was up 7.1 percent.

* The Labor Department releases at 1330 GMT first-time claims for jobless benefits for the week ended Nov. 26. Economists forecast a total of 390,000 new filings compared with 393,000 in the prior week.

* The Institute for Supply Management releases at 1500 GMT its November manufacturing index. Economists expect a reading of 51.5 versus 50.8 in October.

* The Commerce Department releases at 1500 GMT October construction spending. Economists forecast a 0.3 percent increase compared with a 0.2 percent rise in September.

* The Federal Reserve releases at 2130 GMT weekly money stock, liquid assets and debt measures and the weekly report on factors affecting reserves of depository institutions and the condition statement of the Federal Reserve banks.

* ICSC releases chain store sales for November versus a year ago. In October, sales were up 3.7 percent versus a year earlier.

* Kroger Co, the largest U.S. supermarket chain, will announce results.

* As cholesterol fighter Lipitor goes generic, its maker Pfizer Inc is hoping to hold onto perhaps a third of the 3 million Americans who take the biggest-selling drug of all time.

* AT&T Inc and T-Mobile USA's parent Deutsche Telekom have discussed options including forming a joint venture to pool the wireless operators' network assets if AT&T's proposed $39 billion plan to buy T-Mobile USA fails, the Wall Street Journal reported.

* European stocks were down 0.5 percent in morning trade, giving back a little of the strong gains in the previous session, as the market sought further guidance from policymakers about their plans to help end the region's debt crisis.

* Wednesday's emergency move by the U.S. Federal Reserve, the European Central Bank, and the central banks of Japan, Britain, Canada and Switzerland -- reminiscent of joint action to stabilise global markets in the 2008 financial crisis after the collapse of Lehman Brothers -- was seen as a strong signal that central banks have ample fire power to prevent the euro zone crisis from spreading.

* China's factory sector shrank in November in the face of weakening demand both at home and abroad, likely to feed worries that the global economy is on a slippery slope.

* Spain will be in focus on Thursday as the country aims to raise 2.75 billion euros to 3.75 billion euros in a bond auction, and analysts warned the sale could go like Italy's auction of three and 10-year bonds on Tuesday, which drew reasonable demand but saw yields leap to levels deemed unsustainable.

* U.S. stocks surged on Wednesday after major central banks agreed to make cheaper dollar loans for struggling European banks to prevent the euro-zone debt woes from turning into a full-blown credit crisis.

* The Dow Jones industrial average shot up 490.05 points, or 4.24 percent, to end at 12,045.68. The Standard & Poor's 500 Index jumped 51.77 points, or 4.33 percent, to 1,246.96. The Nasdaq Composite Index soared 104.83 points, or 4.17 percent, to close at 2,620.34.


Link to Source:



Free Registration
Username / Email
  • Forgot your Password?
  • Create an Account
  • Latest News

    Protect Yourself While Traveling Al..
    on 17 January 2019 02:55:35
    Protection Bay has announced the launch of a new range of self defense, protection and safety items
    Get The Best Lead Generation Chatbo..
    on 16 January 2019 00:33:41
    Nimble Dental Solutions, a dental marketing agency based in Buffalo, Wyoming, launched an updated ra
    on 16 January 2019 00:30:01
    Pittsburgh, PA - - Pittsburgh plumbing solution specialists Taggart Plumbing have prided themselves
    Local Seo Spokane - Seo Company In ..
    on 16 January 2019 00:26:54
    Hearing the acronym SEO is not new for most Internet marketers. In fact, it is one of the unwritten
    on 15 January 2019 03:42:17
    LONG ISLAND - - When the pressure's on to get your house in top tip condition, there's no better s

    Latest Classified Ads

    Suport and Contribute for The \"B..
    on 07 November 2017 17:35:35
    We are seeking funding to make a movie dramatizing what would happen if elections were hacked.&nbs..
    Solar Battery charger..
    on 12 January 2017 18:55:06
    Solar battery charger –  10000mAh Solar battery Power Bank charger With Fold-able 4 Solar..
    Power Bank 20000mAh Slim aluminum a..
    on 12 January 2017 18:51:52
    Power bank 20000mAh Slim Aluminum Alloy mobile battery charger with electronic digital display ..
    Portable Car battery jump starter..
    on 12 January 2017 18:49:04
    Portable car battery jump starter  power bank 12000mah, emergency Multi purpose battery charger..
    10000mAh lithium polymer slim power..
    on 01 January 2017 17:11:34
    10000mAh power bank lithium polymer battery for smartphones and tablet,20000mah OEM and ODM are all ..