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

Pre Market | Dow Jones | Gold | Newsletters | Learn


Futures Point to a Flat Start

Tuesday, October 8, 2013 8:11 AM
Stocks futures pointed to a flat start on Tuesday as continued fiscal policy impasse in Washington is curbing investors’ risk appetite. No headway was made on Monday, which means that the shutdown will enter its sixth day on Tuesday. Moreover, rising concerns over debt-ceiling issue will also keep investors edgy. The lawmakers need to reach an agreement over increasing the Treasury’s borrowing limit by Oct. 17, failure of which might result in historic U.S. sovereign debt default. At last check, futures on Dow Jones were flat; those on NASDAQ 100 inched up 0.06% while futures on S&P 500 Index were also flat. On earnings front, aluminum giant Alcoa Inc. (NYSE: AA) and Yum! Brands (NYSE: YUM) are scheduled to report quarterly results after the market close. Twitter has not made its initial public offering, but the stock has already got a “buy” rating from the brokerage firm SunTrust Robinson Humphrey. Robert Peck, an analyst at SunTrust believes that the stock will rise nearly 100% in the first year after its IPO. Peck said that Twitter will make an IPO at $28-$30 per share, and it will leap to $50 in first 12 months. Shares of Talisman Energy Inc. (USA) (NYSE: TLM) will be under spotlight on Tuesday. Shares of the Canadian oil company rallied in aftermarket hours on Monday after activist investor, Carl Icahn reveled in his regulatory filing with the Securities and Exchange Commission (SEC) that he has purchased 61 million shares of Talisman, making him the second biggest shareholder of the company. No major U.S. economic data is due on Tuesday.
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

Bundesbank chief concerned about emergency funding for Greek banksBundesbank chief concerned about emergency funding for Greek banks
BERLIN (Reuters) - The head of Germany`s Bundesbank said on Saturday he had misgivings about granting emergency funding to Greece as the liquidity situation at the country`s banks has not improved. ...
Greece not playing a game of chicken on debt - KotziasGreece not playing a game of chicken on debt - Kotzias
NEW YORK (Reuters) - Greek Foreign Minister Nikos Kotzias said on Friday he respects Germany just not German politics, nor the way Berlin views Greece`s economy, which faces the prospect of running ...
Sony raises FY 2015 profit forecast to $2.5 billion: NikkeiSony raises FY 2015 profit forecast to $2.5 billion: Nikkei
TOKYO (Reuters) - Japanese consumer electronics firm Sony Corp <6758.T> has raised its operating profit estimate for fiscal 2015 to 300 billion yen ($2.52 billion), or four times its previous es...
Flash crash charges garner increasing skepticism in high-speed worldFlash crash charges garner increasing skepticism in high-speed world
WASHINGTON (Reuters) - The notion that one man trading from his parents` house in a working class London suburb had a material role in the 2010 Wall Street flash crash has aroused increasing skeptic...
Analysts See China Swing Factoring In Apple's Q2Analysts See China Swing Factoring In Apple's Q2
Apple Inc. (NASDAQ: AAPL ) will post one more quarter of stellar smartphone growth Monday, but it could be downhill from there, an analyst said Friday. Cupertino, California-based Apple Campus 2, ...

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 Futures Day Trading System S&P + Crude Oil Signals
Autotrading Autotrade Stocks Try for Free!