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

Pre Market | Dow Jones | Gold | Newsletters | Learn


U.S. Stock Futures Point to a Higher Start

Monday, February 25, 2013 9:04 AM
Notwithstanding concerns over sequester coming into effect in case lawmakers in Washington fail in next 5 days to reach a budget deal and the outcome of Italian general elections, U.S. stock futures edged higher on Monday, tracking Asian and European equities. At last check, futures on Dow Jones Industrial Average Index gained 0.38%; those on NASDAQ 100 climbed 0.82% while futures on S&P 500 Index edged up 0.56%. Shares of Lowe’s Companies Inc. (NYSE: LOW) gained in premarket trading. Although the Company’s guidance on the current fiscal year fell short of Street’s estimate, its fourth-quarter earnings, on adjusted basis, edged past analysts’ expectation. Hertz Global Holdings Inc. (NYSE: HTZ) reported better than expected fiscal fourth-quarter results on Monday. The Company reported non-GAAP earnings of 33 cents a share on revenue of $2.32 billion. Analysts’ consensus estimate was for earnings of 31 cents a share. No major U.S. economic data is scheduled to be released on Monday. Shares of Barnes & Noble Inc. (NYSE: BKS) are likely to remain under spotlight. According to the Wall Street Journal, Company’s Chairman and largest shareholder, Leonard Riggio, is contemplating to buyout bookseller’s consumer chain division, might consider splitting company into two separate public traded companies. The ballot in Italy closes on Monday at 9 a.m. EST and market participants will closely keep an eye on the outcome of elections. In case, Italians vote against Mario Monti, the architect behind country’s reform programs and austerity measures then investors’ confidence might get shaky. At last check, the Stoxx 600 gained 0.35%, FTSE 100 edged up 0.35% while DAX leaped 2.21%. Elsewhere in Asia, all leading benchmark indexes closed higher with Nikkei 225 jumping 2.43%, Hong Kong’s Hang Seng adding 0.17%. In some other markets, crude oil futures gained 1.12% to $94.17 a barrel while gold futures for April delivery climbed 1.20% to $1,591.70 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

Dynegy cuts exposure to wholesale power with deals worth $6.25 billionDynegy cuts exposure to wholesale power with deals worth $6.25 billion
(Reuters) - Power company Dynegy Inc <DYN.N> said on Friday that it would buy coal and gas power plants for $6.25 billion to increase its presence in two less regulated eastern U.S. markets, s...
McDonald's Names new U.S. unit president, second in two yearsMcDonald's Names new U.S. unit president, second in two years
(Reuters) - McDonald`s Corp MCD.N is changing the leadership at its struggling U.S. division for the second time in two years in a move that may signal increased pressure on Chief Executive Officer ...
GM reviewing timing of Russia plant expansionGM reviewing timing of Russia plant expansion
MOSCOW (Reuters) - General Motors Co <GM.N> said on Friday it was reviewing the timing of the expansion of its Russian plant near St Petersburg because of a slump in the auto market. The compa...
Valeant, Ackman to submit Allergan special meeting request-CNBCValeant, Ackman to submit Allergan special meeting request-CNBC
(Reuters) - Valeant Pharmaceuticals International Inc <VRX.TO> and Pershing Square Capital Management will submit a request on Friday to Allergan Inc <AGN.N> for a special shareholders mee...
Yellen says job market still in recoveryYellen says job market still in recovery
JACKSON HOLE Wyo. (Reuters) - Federal Reserve Chair Janet Yellen called for a "pragmatic" approach to U.S. monetary policy on Friday, amid calls by hawkish members of the central bank`s policy commi...

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.