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

Pre Market | Dow Jones | Gold | Newsletters | Learn


Futures Flat Ahead of Bank of America, Citigroup Earnings

Thursday, January 17, 2013 9:00 AM
U.S. stocks pointed toward a flat start on Thursday as Wall Street investors anxiously wait for quarterly earnings releases from banking giants , Bank of America Corp. (NYSE: BAC) and Citigroup Inc. (NYSE: C) along with series of economic data, which include weekly jobless claims and new house building. At last check, futures on Dow Jones Industrial Average Index slipped 0.04%; those on NASDAQ 100 inched up 0.09% while futures on S&P 500 Index tacked higher 0.08% After Goldman Sachs Group Inc. (NYSE: GS) and JP Morgan Chase & Co. (NYSE: JPM) reported solid growth in fiscal fourth-quarter profits and revenue, entire spotlight on Thursday will shift to quarterly results of Bank of America Blackrock Inc. (NYSE: BLK), American Express (NYSE: AXP) and Citigroup. Dow component, Intel Corp. (NASDAQ: INTC) is scheduled to report quarterly results following the closing bell ring. Shares of Boeing Co. (NYSE: BA) will be under pressure. Shares slumped in premarket trading as global regulators grounded Boeing 787 Dreamliners for safety check (batteries) following strings of incidents. United Health (NYSE: UNH) on Thursday reported fourth-quarter earnings that barely beat forecasts and maintained its guidance for earnings and revenue growth in 2013. The group reported EPS of $1.20 in the fourth quarter on revenue of $28.8 billion. Wall Street had forecasted EPS of $1.19 on revenue of $28.24 billion. On U.S. economic data front, Labor Department’s weekly jobless claims data is scheduled to be released at 8:30 a.m. EST. Economists polled by Reuters are expecting initial claims dropping to 365,000 for the week ended Jan.12 down from 371,000 in the previous week. Also at the same time, the Commerce Department will release its report on new house building. In Asia, equities ended flat or lower on Thursday with Nikkei ending up 0.09%, Hong Kong’s Hang Seng down 0.07% and Shanghai Composite plunging 1.06%. Elsewhere in Europe, equities were mainly trading in red territory with Pan European Stoxx 600 almost flat, FTSE 100 down 0.07% and DAX falling 0.27%.
PRINT

FREE Options Trading Lessons
I'll show you how to unlock HUGE Gains with Options Trading
Let's make 2014 the year you get RICH!

Latest Headlines

Actavis mulls job cuts, China expansion: BloombergActavis mulls job cuts, China expansion: Bloomberg
(Reuters) - Generic drugmaker Actavis Plc is planning to cut employees and expand in China, a Bloomberg report said citing an interview by Chief Executive Officer Brent Saunders on Bloomberg Televisio...
New UTC chief known to Wall Street, giving solace amid abrupt moveNew UTC chief known to Wall Street, giving solace amid abrupt move
(Reuters) - United Technologies Corp`s appointment of Chief Financial Officer Gregory Hayes as chief executive is providing investors some comfort as they try to understand the abrupt departure of p...
GM president: U.S. economy holding up, other regions slowing or softGM president: U.S. economy holding up, other regions slowing or soft
NEW YORK (Reuters) - General Motors Co President Dan Ammann on Monday said he expects "more of the same" next year from a U.S. auto market that has been growing slowly, while he is bracing for conti...
Euro takes heart from German data, yen eyes BOJ speechEuro takes heart from German data, yen eyes BOJ speech
SYDNEY (Reuters) - The euro clung to modest gains early in Asia on Tuesday, having benefited from a short squeeze following an encouraging rebound in German business sentiment. Further supporting ...
Wall Street group to challenge Dodd-Frank risk retention rulesWall Street group to challenge Dodd-Frank risk retention rules
WASHINGTON (Reuters) - A Wall Street trade group said on Monday it has filed a lawsuit to strike down a new rule that requires banks to retain some risk on their books when they securitize loans, sa...

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
small cap swing trades SmallCaps stocks under $10
Index Signals Index Signals SPY, QQQ, DIA, IWM
options trading Mega Stocks options + stock trade signals
Forex Forex Signals major FX pairs signals