Symbol Lookup
Register | Login

Pre Market | Dow Jones | Gold | Newsletters | Learn

U.S. Stock Futures Gain

Friday, June 21, 2013 8:17 AM
U.S. stocks futures edged up on Friday, tracking a slight recovery in the global equity markets following previous day’s tumult, in which broader asset classes fell sharply after the Federal Reserve signaled possible tapering of its economic stimulating measures from the year-end. At last check, futures on DJIA gained 0.63%; those on NASDAQ 100 added 0.19% while futures on S&P 500 Index climbed 0.67%. U.S. equities fell across-the-board on Thursday as edgy investors sold riskier assets in droves and sought safety in the U.S. dollar and treasuries. All major U.S. averages fell more than 2.25% on Thursday. On earnings front, Darden Restaurants Inc. (NYSE: DRI) and CarMax Inc. (NYSE: KMX) are scheduled to report quarterly results ahead of the bell on Friday. Shares of enterprise software maker, Oracle Corp. (NASDAQ: ORCL) will be under pressure on Friday. Although net income rose 10% in the fiscal fourth quarter, thanks mainly to higher margin, revenue was almost flat and adjusted earnings fell short of the Company’s own earlier guidance. Facebook Inc. (NASDAQ: FB) unveiled its video feature for its photo-sharing app, Instagram at the Company’s headquarters on Thursday. Apparently, its video-sharing service is better than Twitter’s Vine app. A user can make a clip for 15 seconds and upload it from a smartphone while Twitter’s Vine app allows users to make videos of only 6 seconds. No major U.S. economic data release is due on Friday. In Asia, Japan’s leading average, NASDAQ 225 jumped 1.66%. In Europe, all major averages were moderately higher, at last check.

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

Consumer spending rises in July; inflation mutedConsumer spending rises in July; inflation muted
WASHINGTON, (Reuters) - U.S. consumer spending picked up a bit in July as households bought more automobiles, offering further evidence of strength in the economy that could keep the door open to a Fe...
Athletes' habits die hard in new lives as financial prosAthletes' habits die hard in new lives as financial pros
(Reuters) - College and professional athletes may be clients financial advisers love to get, but many also find good homes on the other side of the desk. Penn Mutual Life Insurance Company, for ex...
Two Fed officials pressing for rate hikes unfazed by market volatilityTwo Fed officials pressing for rate hikes unfazed by market volatility
JACKSON HOLE, Wyo. (Reuters) - Two top Federal Reserve officials who have pressed for interest rate hikes said on Friday that a spate of violent swings in financial markets won`t knock the U.S. econ...
Fed's Bullard says market swings not hitting economic outlook: BloombergFed's Bullard says market swings not hitting economic outlook: Bloomberg
(Reuters) - Violent swings in financial markets over the last 10 days will probably not change the Federal Reserve`s view that the U.S. economy is on a firm footing, a top Fed official said on Friday....
British payments glitch at HSBC leaves thousands without wagesBritish payments glitch at HSBC leaves thousands without wages
LONDON (Reuters) - HSBC <HSBA.L> reported a computer glitch on Friday which it said prevented some of its British business customers from making payments, leaving thousands of workers without wa...

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.