Stock:
Symbol Lookup
Register | Login
...
History
...
...

Pre Market | Dow Jones | Gold | Newsletters | Learn


Futures Down as Investors Wait for Results from Banking Giants

Wednesday, January 16, 2013 8:45 AM
U.S. stock futures inched lower on Wednesday taking a cue from global equities, as market sentiment remained nervy ahead of the quarterly results announcements from banking giants, Goldman Sachs Group Inc. (NYSE: GS) and JP Morgan Chase & Co. (NYSE: JPM) and hosts of key U.S. economic indicators. At last check, futures of Dow Jones Industrial Average Index fell 0.27%; those on NASDAQ 100 slipped 0.06% while futures on S&P 500 Index inched down 0.12%. Ahead of the bell ring, Goldman Sachs, JP Morgan Chase and Bank of New York Mellon Corporation (NYSE: BK) are scheduled to report fiscal fourth-quarter earnings. After the closing bell, e-commerce company, eBay Inc. (NASDAQ: EBAY) is expected to report quarterly results. On U.S. economic data front, Labor Department’s Consumer-price-Index for December is due at 8:30 a.m. EST. National Association of Home Builders' market sentiment index for January is slated to be released at 10 a.m. EST.  The Index is expected to rise to 48 in January, up from 47 in December, which will the highest level since April 2006. The Fed is schedule to release its data on industrial production and capacity utilization at 9:15 a.m. EST and later at 2:00 p.m. EST, the Fed will also release its January’s Beige Book -- a comprehensive, region by region assessment of the economy. Shares of social networking giant, Facebook Inc. (NASDAQ: FB) will be under spotlight. The Company unveiled new search tool called as ‘Graph Search’. The new tool will allow users- to find a date, find common fans, friends or friends who ‘liked’ any specific restaurant, jobs, dentists, etc. In nut shell, the new search toll could spell some trouble for rival Google Inc. (NASDAQ: GOOG) and elbow out Yelp Inc. (NYSE: YELP) and LinkedIn Corp. (NYSE: LNKD). All leading benchmark indexes in Europe were trading lower with Pan European Stoxx 600 Index losing 0.30%. Asian equities also mainly ended lower.
PRINT

FREE Options Trading Lessons
I'll show you how to unlock HUGE Gains with Options Trading
Let's make 2015 the year you get RICH!

Latest Headlines

Asia shares edge up, Australia rate decision loomsAsia shares edge up, Australia rate decision looms
SYDNEY (Reuters) - Asian shares inched cautiously higher on Tuesday as investors wagered Australia would become the latest country in the region to inject more policy stimulus into its economy. Li...
Exclusive: Credit Suisse dropped SEC waiver request amid opposition - sourcesExclusive: Credit Suisse dropped SEC waiver request amid opposition - sources
WASHINGTON (Reuters) - Credit Suisse <CSGN.VX> has quietly withdrawn a request for a waiver to raise capital more easily, after U.S. Securities and Exchange Commission staffers told the bank i...
Morgan Stanley sees $292 million loss from Deutsche Bank lawsuitMorgan Stanley sees $292 million loss from Deutsche Bank lawsuit
(Reuters) - Morgan Stanley said on Monday it could lose more than $290 million from a lawsuit by Deutsche Bank National Trust Co over the quality of about $735 million of the Wall Street firm`s mortga...
Dollar drifts higher in holiday-thinned trade, RBA in focusDollar drifts higher in holiday-thinned trade, RBA in focus
SYDNEY (Reuters) - The dollar was slightly firmer against a basket of major currencies early on Tuesday, advancing against the euro and sterling in thin trade with several key financial centers shut...
Fed's Yellen says met firm at heart of leak probesFed's Yellen says met firm at heart of leak probes
WASHINGTON/NEW YORK (Reuters) - U.S. Federal Reserve Chair Janet Yellen met with a research firm that later published confidential information from the central bank, she said on Monday. Yellen met...

Loading Headlines...
 

Stock Market

Track the stock market today with the latest news and information on all things investing! Watch your stocks perform throughout the day and watch the breaking stock market news.

Feedback | disclaimer | privacy policy

Stock Market News

The Stock Market is ever changing. Keep up on your stock market news.

Stock Market Newsletters

Read up on your favorite stock market newsletters.


Learn the Stock Market

Sharper your stock trading skills with our stock market education section.

Algorithm Based
Trade Signals
arrow
swing trades FREE Swing Trade Ideas Clear, simple swing trades.
small cap swing trades Futures Day Trading System S&P + Crude Oil Signals
Autotrading Autotrade Stocks Try for Free!