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

Pre Market | Dow Jones | Gold | Newsletters | Learn


Futures Point to a Mixed Start

Friday, February 8, 2013 8:54 AM
U.S. stocks futures are pointing towards a cautious start with investors eyeing U.S. trade data to gauge state of affairs in the global economy after Chinese trade data earlier today showed surprise jump in exports. At last check, futures on Dow Jones Industrial Average Index slipped 0.09%; those on NASDAQ 100 gained 0.16% while futures on S&P 500 Index fell 0.18%. The Commerce Department is scheduled to release its monthly trade data (December) at 8:30 a.m. EST. economist are expecting trade deficit to contract by 6% to $45.5 billion, citing softness in imports. However, exports are also seen falling. Meanwhile, a data release from china on Friday showed that exports jumped 25% in January YOY, the steepest growth in exports since April 2011. On earnings front AOL Inc. (NYSE: AOL) and Moody’s Corp. (NYSE: MCO) will report quarterly results. World’s largest burger chain, McDonald’s Corp. (NYSE: MCD) is expected to report January sales. Shares of LinkedIn Corp. (NYSE: LNKD) rallied in premarket trading after the professional networking site, reported 81% jump in fiscal fourth-quarter revenue while earnings comfortably beat Street’s forecast. The Company also provided better-than-expected outlook on the fiscal first quarter. Shares of chipmaker, Microchip Technology Inc. (NASDAQ: MCHP) jumped about  6% in premarket trading after the Company following closing bell reported higher than expected fiscal  third quarter results and provided optimistic outlook on the fourth quarter. The demand for microcontrollers is growing rapidly due to proliferation of smartphones and tablets. In the fiscal third quarter, revenue from microcontrollers accounted 29% of the company’s entire revenue. Shares of Activision Blizzard Inc. (NASDAQ: ATVI) leaped nearly 7% in premarket trading after robust sales of blockbuster titles “Call of Duty” and “Skylanders” in the holiday season quarter, helped the videogame maker to  post higher-than-expected revenue and earnings for the fiscal fourth quarter.    
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

Gucci's first-quarter comparable sales up 0.3 percentGucci's first-quarter comparable sales up 0.3 percent
PARIS (Reuters) - Gucci`s sales growth remained sluggish in the first three months of the year, hit in part by the brand`s upmarket repositioning and the lost sales resulting from the clean-up of its ...
U.S. FCC says new Internet rules will maintain transparency goalsU.S. FCC says new Internet rules will maintain transparency goals
NEW YORK (Reuters) - New rules on "net neutrality" are expected to allow Internet providers to negotiate agreements with content providers on the delivery of traffic to users as long as the deals they...
U.S. trade bank chief warns lawmaker 'political games' threaten exportsU.S. trade bank chief warns lawmaker 'political games' threaten exports
WASHINGTON (Reuters) - U.S. lawmakers will only hurt American exports and jobs by playing "political games" that threaten to shut down the U.S. Export-Import Bank, the bank`s president said on Thursda...
Apple's sales boom in communist VietnamApple's sales boom in communist Vietnam
HANOI (Reuters) - Communist Vietnam is suddenly Apple Inc`s hottest market after sales there tripled in its fiscal first half, a growth rate five times faster than in India where it is spending heav...
Nasdaq not yet subpoenaed in N.Y. high frequency trading probe: CEONasdaq not yet subpoenaed in N.Y. high frequency trading probe: CEO
NEW YORK (Reuters) - Nasdaq OMX Group Inc has not to date received a subpoena from the New York attorney general as part of its industrywide probe into allegedly unfair technological advantages on Wal...

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.