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

Pre Market | Dow Jones | Gold | Newsletters | Learn


Futures Point towards Cautious Start

Tuesday, February 12, 2013 8:59 AM
U.S. stock futures pointed towards a flat start on Tuesday as investors wait for President Obama’s annual speech at 9:00 p.m. EST on a day which is lacking any major U.S. economic data release. At last check, futures on Dow Jones Industrial Average Index inched up 0.03%; the NASDAQ 100 Index nudged ahead 0.02% while those on S&P 500 Index added 0.01%. On earnings front, beverage maker Coca Cola Co. (NYSE: KO) and Goodyear Tire & Rubber Co. (NASDAQ: GT) are scheduled to report quarterly results on Tuesday. President Barack Obama will deliver his annual message to the nation on Tuesday at 9 p.m. EST. The President will sketch out his policy goals for the second term. However, the speech is expected to put more emphasis on the looming threat of automatic spending cuts or sequester, which are expected to come into effect from March 1 in case lawmakers fail to find a middle ground over how to cuts nation’s fiscal deficit. On economic data front, the National Federation of Independent Business is scheduled to release its small-business-sentiment index at 7:30 a.m. EST while the Labor Department will release its data on job openings at 10 a.m. EST. Shares of Lions Gate Entertainment Corp. (NYSE: LGF) will under spotlight on Tuesday. The Company following closing bell on Monday reported that it swung into fiscal third quarter profit thanks to strong box office performance of ‘The Twilight Saga: Breaking Dawn Part 2.’ Shares of Rexnord Corp. (NYSE: RXN) rallied in aftermarket trading on Monday after the diversified machinery company announced that its board has started  to appraise strategic alternatives, including the selling of the business, in order to boost shareholders’ value. Elsewhere in Asia, most markets were shut on account of Lunar New Year celebrations. Japan’s Nikkei Index jumped 1.94%. In Europe, nearly all leading benchmark indexes traded in green territory with Pan European Stoxx 600 nearly flat, FTSE 100 gaining 0.33% while Germany’s DAX adding 0.09%, at last check.  
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

U.S. airlines focus on investor returns as industry profitsU.S. airlines focus on investor returns as industry profits
(Reuters) - Major U.S. airlines posted earnings gains on Thursday, aided by higher airfares and summer demand, and the two largest carriers announced moves to return more cash to investors. Americ...
Morgan Stanley to pay $275 million penalty for misleading RMBS investorsMorgan Stanley to pay $275 million penalty for misleading RMBS investors
NEW YORK/WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission said on Thursday it had charged Morgan Stanley with misleading investors about two mortgage-backed securities it issued be...
Morgan Stanley to pay $275 million penalty for misleading RMBS investorsMorgan Stanley to pay $275 million penalty for misleading RMBS investors
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission said on Thursday it had charged Morgan Stanley with misleading investors about two mortgage-backed securities it issued before the ...
IMF cuts global growth outlook, warns of stagnation risk in rich nationsIMF cuts global growth outlook, warns of stagnation risk in rich nations
WASHINGTON (Reuters) - The International Monetary Fund on Thursday chopped its 2014 forecast for global economic growth to take into account weakness early in the year in the United States and China, ...
Bank of America to pay $16.6 million to resolve U.S. sanctions violationsBank of America to pay $16.6 million to resolve U.S. sanctions violations
WASHINGTON (Reuters) - Bank of America Corp`s banking unit <BAC.N> agreed to pay $16.6 million to resolve allegations that it processed transactions for drug traffickers who are subject to U.S. ...

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.