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

Pre Market | Dow Jones | Gold | Newsletters | Learn


Stock Futures Point to Higher Start

Friday, November 30, 2012 8:50 AM
U.S. stock futures edged higher on Friday, the last trading day of the month as investors momentarily shrugged aside concerns surrounding both policy paralysis  and some contradictory comments from Washington with regard to fiscal crisis to turn their attention towards economic data. At last check, futures on Dow Jones Industrial Average Index edged up 0.25%; those on Nasdaq 100 Index gained 0.34% while futures on S&P 500 Index added 0.17%. At 8:30 EST, a data on consumer-spending and personal income for October is scheduled to be released. According to Reuters, economists’ consensual estimate is for 0.2% rise in personal income but consumer spending is expected to remain unchanged. Later at 9.45 EST, The Institute of Supply Management in Chicago will release its PMI Index—a gauge on manufacturing activities- for November. The Index is expected to show a reading of 50.5, up from 49.9 in October. Shares of Zynga Inc. (NASDAQ: ZNGA) will be under focus on Friday. In its regulatory filing, Zynga disclosed that Facebook Inc. (NASDAQ: FB) has revised its two-year old terms; and accordingly, rules applicable to other game developers will also apply to Zynga. Zynga will be also be prohibited from driving away gamers from Facebook to its network Zynga.com. Zynga’s stock plunged 12.60 percent during aftermarket trading on Thursday. According to Bloomberg news, sources familiar with the situation said that Citigroup Inc. (NYSE: C)  is contemplating  to slash 150 more jobs this quarter and lower bonuses by as much as 10% at its trading and investment bank unit. Elsewhere in Europe, most indices gained on Friday with Pan European Stoxx 600 Index up 0.23%. Asian equities also ended higher on Friday with Hang Seng gaining 0.49% for the day. In some other markets, crude oil futures gained 0.11% to $87.17 a barrel while U.S. gold futures inched up 0.16% to $1,732.20 an ounce    
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's Shanghai eliminates 2015 economic growth target China's Shanghai eliminates 2015 economic growth target
BEIJING (Reuters) - Shanghai eliminated its economic growth target for this year, the city`s mayor said on Sunday, as China works to shift its focus to qualitative goals with the economy slowing. Th...
All eyes on Fed, Greece after ECB fires bazooka All eyes on Fed, Greece after ECB fires bazooka
PARIS (Reuters) - After the surprises from central banks which rocked markets at the start of the year, the U.S. Federal Reserve will be watched as closely as ever this week to see that it doesn`t s...
Should the euro zone really fear demon deflation?Should the euro zone really fear demon deflation?
BRUSSELS (Reuters) - If the multi-billion dollar consumer electronics industry can function fine with constantly falling prices, why is deflation in the broader economy such a threat? Falling pric...
Got a spare billion? Investment bankers are keen to helpGot a spare billion? Investment bankers are keen to help
LONDON (Reuters) - The growing ranks of the super rich and their increased appetite for risk have caught the eye of investment bankers. Traditionally focused on companies and institutions, investm...
Bundesbank's Weidmann casts doubt on effectiveness of ECB's QEBundesbank's Weidmann casts doubt on effectiveness of ECB's QE
BERLIN (Reuters) - Bundesbank President Jens Weidmann, an unabashed critic of the European Central Bank`s quantitative easing (QE), told a German newspaper on Sunday he had doubts about the effectiv...

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 SmallCaps stocks under $10
Index Signals Index Signals SPY, QQQ, DIA, IWM
options trading Mega Stocks options + stock trade signals
AppleStock FREE AAPL Signals realtime daytrade signals