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 2014 the year you get RICH!

Latest Headlines

Oman likely to start cutting subsidies next year -ministerOman likely to start cutting subsidies next year -minister
KUWAIT (Reuters) - Oman`s government is likely to start cutting some state subsidies next year as the decline in global oil prices pressures its finances, Minister for Financial Affairs Darwish al-B...
Deutsche Bank lawyer found dead by suicide in New YorkDeutsche Bank lawyer found dead by suicide in New York
BERLIN (Reuters) - A senior Deutsche Bank regulatory lawyer has been found dead in New York after committing suicide, New York City officials said on Saturday. Calogero Gambino, 41, was found on the...
Areva-Siemens raises claim to $4.4 billion over Finnish reactor delaysAreva-Siemens raises claim to $4.4 billion over Finnish reactor delays
HELSINKI (Reuters) - The French-German consortium Areva-Siemens <AREVA.PA><SIEGn.DE>, the supplier of Finland`s much-delayed Olkiluoto-3 nuclear reactor, has increased its claim against Fi...
India's finance minister favors interest rate cut: paperIndia's finance minister favors interest rate cut: paper
NEW DELHI (Reuters) - India`s Finance Minister Arun Jaitley favors a cut in interest rates to trigger demand in the construction sector, a newspaper report said on Saturday, but the central bank has s...
China's auto market growth may halve to 7 percent this year: industry body headChina's auto market growth may halve to 7 percent this year: industry body head
SHANGHAI (Reuters) - Growth in China`s auto market, the world`s biggest, will halve to 7 percent this year weighed down by a slowing economy, the head of an industry body said on Saturday. "Personal...

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.