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

'We don't have a magic wand', says ECB's Constancio'We don't have a magic wand', says ECB's Constancio
MADRID (Reuters) - Societies expect too much of central banks and they don`t have a magic wand to boost economic growth, European Central Bank Vice President Vitor Constancio said on Thursday. The E...
Politics clouds proposed overhaul of U.S. housing finance systemPolitics clouds proposed overhaul of U.S. housing finance system
WASHINGTON (Reuters) - The Senate Banking Committee appears likely to back a bill to wind down government-backed mortgage giants Fannie Mae and Freddie Mac, according to sources familiar with talks ...
April U.S. auto sales to rise 8.5 percent: J.D. Power, LMCApril U.S. auto sales to rise 8.5 percent: J.D. Power, LMC
DETROIT (Reuters) - U.S. auto sales will rise 8.5 percent in April from a year ago as spring weather entices consumers to look at new products, industry research firms J.D. Power and LMC Automotive sa...
Angry Muslims in Central African Republic call for partitionAngry Muslims in Central African Republic call for partition
BAMBARI, Central African Republic (Reuters) - In this dusty town at the heart of the Central African Republic, many angry Muslims advocate a simple solution to the threat of religious violence from ...
Vivendi to return 5 billion euros to shareholders after asset salesVivendi to return 5 billion euros to shareholders after asset sales
PARIS (Reuters) - French conglomerate Vivendi <VIV.PA> said it would pay out close to 5 billion euros in dividends and buy backs this year and next, rewarding shareholders after three major 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.