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

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 2014 the year you get RICH!

Latest Headlines

Compensation battle rages four years after BP's U.S. oil spillCompensation battle rages four years after BP's U.S. oil spill
(Reuters) - Four years after the Deepwater Horizon spill, oil is still washing up on the long sandy beaches of Grand Isle, Louisiana, and some islanders are fed up with hearing from BP that the cris...
Japan investment in Southeast Asia surges amid China slumpJapan investment in Southeast Asia surges amid China slump
TOKYO (Reuters) - Japanese companies` investments in Southeast Asia surged last year to almost three times the amount invested in China, after relations between Beijing and Tokyo soured in 2012 and Ch...
As opposition grows, China defends plans for petrochemical plantsAs opposition grows, China defends plans for petrochemical plants
BEIJING, April 18 (Reuters) - China has launched an intense media campaign to defend the safety of producing a chemical used to make polyester fibre, as public opposition to new petrochemical plants...
The robot is ready - so when will deep sea mining start?The robot is ready - so when will deep sea mining start?
NEWCASTLE, England/LONDON (Reuters) - The world`s first deep sea mining robot sits idle on a British factory floor, waiting to claw up high grade copper and gold from the seabed off Papua New Guinea...
Tech workers seek to use Steve Jobs evidence in upcoming trial on no-hire accordsTech workers seek to use Steve Jobs evidence in upcoming trial on no-hire accords
SAN FRANCISCO (Reuters) - Four large technology companies should not be allowed to limit evidence about Apple Inc co-founder Steve Jobs at an upcoming trial over no-hire agreements in Silicon Valley...

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.