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

Pre Market | Dow Jones | Gold | Newsletters | Learn


Stock Futures Edge Higher

Thursday, February 7, 2013 8:44 AM
U.S. stock futures inched higher on Thursday, taking cues from European equities that turned higher after the Bank of England (BOE) kept benchmark interest rate unchanged. The European Central Bank (ECB) is also scheduled to announce its policy rate statement at 7:45 EST. It is expected that the monetary union’s central bank will keep the benchmark rate unchanged at 0.75%. At around 7:00 a.m. EST, futures on Dow Jones Industrial Average Index gained 0.18%; those on NASDAQ 100 added 0.12% while futures on S&P 500 Index tacked higher 0.13%. The U.S. Labor Department's is scheduled to release its weekly initial jobless claims at 8:30 a.m. EST, Economists polled by Briefing.com are expecting 360,000 first-time claims in the week ending February 2, down from 368,000 in the last week. Also at the same time, a data on the productivity of the U.S. business for the fourth quarter is due for a release. Economists polled by MarketWatch are expecting productivity to fall by 1.5%. On earnings front, Sprint Nextel Corp. (NYSE: S) is scheduled to report quarterly results ahead of the morning bell while professional networking site, LinkedIn Corp. (NYSE: LNKD) will announce results after the closing bell. Shares of Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) will be under spotlight. Although fiscal first quarter earnings topped company’s own earlier guidance, its full-year outlook on sales is lackluster. The company said that coffee industry is now translating into mature industry hence the pace growth will slow down. Shares of French telecom giant, Alcatel Lucent SA (ADR) (NYSE: ALU) rallied in premarket hours after the beleaguered company also announced that its Chief Executive Ben Verwaayen will be leaving from his post. The Company swung into a loss of €1.37 billion or $1.85 billion, for the fiscal 2012. Elsewhere in Asia all leading benchmark indexes closed lower with Nikkei falling 0.93%, and Hong kong’s Hang Seng edging down 0.34%.  
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

China May services trade deficit widens to $18.3 billion as Chinese tourists splurgeChina May services trade deficit widens to $18.3 billion as Chinese tourists splurge
BEIJING (Reuters) - China`s trade deficit in services widened to $18.3 billion in May, as Chinese tourists continued to spend more abroad than foreigners visiting the country, the foreign exchange reg...
Delaware judge dismisses shareholder lawsuit over GM recallDelaware judge dismisses shareholder lawsuit over GM recall
(Reuters) - General Motors Co <GM.N> said a judge in Delaware has dismissed a lawsuit by shareholders who wished to recoup losses stemming from the recall of millions of vehicles with an ignitio...
Japan real wages continue to fall in May despite tight job marketJapan real wages continue to fall in May despite tight job market
TOKYO (Reuters) - Japan`s inflation-adjusted real wages slid in May from a year earlier despite a tightening job market to register a 25th straight month of decline, according to data released on Tues...
Japan's Amari says Greek crisis won't severely hurt global economyJapan's Amari says Greek crisis won't severely hurt global economy
TOKYO (Reuters) - Japanese Economics Minister Akira Amari said on Tuesday the Greek debt crisis won`t inflict severe damage to the global economy as long as policymakers respond calmly to the situatio...
Euro holds gains vs. dollar as Greek debt saga plays outEuro holds gains vs. dollar as Greek debt saga plays out
TOKYO (Reuters) - The euro held on to gains on Tuesday after surging against the dollar as the initial shock of seeing Greece heading for a debt default eased slightly, but tensions remained high as...

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.