Stock:
Symbol Lookup
Register | Login My Watchlist | My Account | Logout
History
to View Your Portfolio

Pre Market | Dow Jones | Gold | Newsletters | Learn


Futures Gain ahead of Nonfarm Payrolls Data

Friday, February 1, 2013 8:46 AM
U.S. stocks futures gained on Friday with investors keenly anticipating Labor Department’s monthly nonfarm payrolls data, scheduled to be released at 8:30 a.m. EST, on Friday. Economists’ consensus estimate is for 160,000 new job additions January. In December, nonfarm payrolls rose by 155,000. The unemployment rate is expected to remain unchanged at 7.8%. At last check, futures on Dow Jones Industrial Average Index gained 0.38%; those on NASDAQ 100 added 0.26% while futures on S&P 500 Index edged up 0.27% In some other U.S. economic news, Markit flash January  purchasing managers index (PMI) is scheduled to be released at 9 a.m. Eastern, followed by the Institute of Supply Management’s ( ISM )January factory index at 10 a.m. The University of Michigan’s final consumer sentiment reading for the month of January is slated to be released 9:55 a.m. Economists are expecting the reading rising slightly to 71.5 from a preliminary reading of 71.3. Later at 10 a.m. Eastern, a data on construction spending for December is due with  economists expecting it  to rise by 0.8%, after falling unexpectedly 0.3% in November. Two oil industry’s heavy-weights Chevron Corp. (NYSE: CVX) and Exxon Mobil Corp. (NYSE: XOM) are scheduled to report quarterly earnings on Friday. Toy maker Mattel Inc. (NASDAQ: MAT) edged down in premarket trading after it reported weaker than expected fiscal fourth quarter results. Dell Inc. (NASDAQ: DELL) rallied 7% in premarket trading after sources familiar with the matter said that Dell  Inc was nearing  to sell itself to an investment consortium led by founder and Chief Executive Michael Dell and private equity firm Silver Lake Partners. NetSuite Inc (NYSE: N) leaped nearly 7% in premarket trading after the cloud computing service provider late on Thursday reported better than expected adjusted earnings and revealed its aggressive growth strategy for fiscal 2013. In Asia, equities ended mainly higher with Nikkei edging up 0.47%. Elsewhere in Europe, equities were mainly higher with Pan European Stoxx 600 gaining 0.22%, FTSE 100 up 0.38% while DAX tacking higher 0.25%.
PRINT

FREE Options Trading Lessons
I'll show you how to unlock HUGE Gains with Options Trading
Let's make 2016 the year you get RICH!

Latest Headlines

Celgene, Gilead Sciences shares could rise 30 percent: Barron'sCelgene, Gilead Sciences shares could rise 30 percent: Barron's
NEW YORK (Reuters) - The tumble in share prices for biotechnology stocks has created some buying opportunities, with drugmakers Celgene Corp and Gilead Sciences poised for a 30 percent rise over the n...
Crude oil slips after Saudi, Venezuela meeting on prices yields littleCrude oil slips after Saudi, Venezuela meeting on prices yields little
TOKYO (Reuters) - Crude oil futures were mixed in early Asian trade on Monday after a meeting between OPEC producers Saudi Arabia and Venezuela to discuss coordination on prices ended with few signs t...
Asia stocks slip in holiday-thinned tradeAsia stocks slip in holiday-thinned trade
TOKYO (Reuters) - Asian shares got off to a rocky start on Monday after mixed U.S. jobs data helped sink shares on Wall Street, but trade was thin with many regional markets closed for the Lunar New...
U.N. agency seeks to end rift on new aircraft emission rulesU.N. agency seeks to end rift on new aircraft emission rules
MONTREAL/WASHINGTON (Reuters) - Europe and the United States tried to bridge differences over emissions standards for aircraft on Sunday as global aviation leaders prepared to adopt new rules that c...
Dissenters warned BOJ negative interest move could fuel global cuts Dissenters warned BOJ negative interest move could fuel global cuts
TOKYO (Reuters) - The Bank of Japan could confuse markets and trigger a global competition to push interest rates deeper into negative territory by cutting its rates below zero, dissenters to the mo...

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.

{localized={en_US=Terry}, preferredLocale={country=US, language=en}} {localized={en_US=Scott}, preferredLocale={country=US, language=en}}

Terry Scott
CEO of StockMarketWatch

View Profile


Learn the Stock Market

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

Be a Better
Trader, Today
arrow
PreMarket PRO Our New Streaming Realtime Pre-Market Product -- Click Here to Learn More