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 2014 the year you get RICH!

Latest Headlines

Dollar index underpinned by safety-bid after U.S. strikesDollar index underpinned by safety-bid after U.S. strikes
TOKYO (Reuters) - The dollar held close to a four-year peak against a basket of major currencies on Wednesday, underpinned by safe-haven buying as U.S. and Arab warplanes struck targets in Syria. ...
Walgreen explores sale of $1.5 billion infusion business: sourcesWalgreen explores sale of $1.5 billion infusion business: sources
NEW YORK (Reuters) - U.S. drugstore chain operator Walgreen Co <WAG.N> is exploring the sale of a majority stake in its infusion services business, in a deal that could value that division at ...
Home Depot data breach triggers fraudulent transactions: WSJHome Depot data breach triggers fraudulent transactions: WSJ
(Reuters) - Data breach at home improvement retailer Home Depot Inc <HD.N> has led to fraudulent transactions across the United States, draining cash from customer bank accounts, the Wall Street...
General Motors appoints its first cybersecurity chiefGeneral Motors appoints its first cybersecurity chief
BOSTON/DETROIT (Reuters) - General Motors Co <GM.N> on Tuesday named an engineer to serve as its first cybersecurity chief as the No. 1 U.S. automaker and its rivals come under increasing pres...
Citizens Financial's IPO prices below expected range at $21.50Citizens Financial's IPO prices below expected range at $21.50
(Reuters) - Citizens Financial Group Inc <CFG.N> said its initial public offering was priced at $21.50 per share, valuing the U.S. unit of Britain`s Royal Bank of Scotland <RBS.L> at about...

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.