Symbol Lookup
Register | Login

Pre Market | Dow Jones | Gold | Newsletters | Learn

U.S. Stock Futures Point to a Higher Start

Thursday, March 14, 2013 8:05 AM
U.S. stock futures edged up on Thursday with Wall Street investors curious to see whether the Dow Jones Index will be able to extend gains for the record 10th straight session. At last check, futures on Dow Jones Industrial Average Index gained 0.25%; those on NASDAQ 100 edged up 0.21% while futures on S&P 500 Index advanced 0.13% Earlier on Wednesday, all leading U.S. benchmark indexes closed higher with Dow Jones extending its all-time high level and logging first 9 days of winning streak since 1996 after unexpectedly strong February retail sales data, further emboldened the market sentiment. On Thursday, the Labor Department is scheduled to release its weekly initial jobless claims data for the week ending March 9 at 8:30 a.m. EST.  Economists polled by Reuters are expecting 350,000 new filings compared to 340,000 new claims in the previous week. Simultaneously, the Labor Department will also release its Producer Price Index (PPI) for the month of February. Economists’ polled by Reuters expect an increase of 0.7% in the PPI index after 0.2% gain in the previous month. On earnings front Lifetime Brands Inc. (NASDAQ: LCUT) and Molycorp Inc. (NYSE: MCP) are scheduled to report fiscal fourth quarter results on Thursday. Shares of Vera Bradley (NASDAQ: VRA) will be under pressure on Thursday. Although the bag maker’s earnings jumped 25% in the fiscal fourth quarter, thanks to solid revenue growth from direct-sales, its guidance on the current quarter and full-year fell short of analysts’ estimates. Shares of Men’s Wearhouse Inc. (NYSE: MW) rallied in aftermarket hours on Wednesday after the men’s suit maker said that it has hired Jefferies & Co to evaluate possible strategic alternatives for its K&G operations. Fiscal fourth quarter results however fell short of analysts’ expectation. In Europe, all leading benchmark indexes were trading higher while Asian equities also ended broadly higher.

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

Fed's Dudley predicts U.S. rate hike this year, but not committedFed's Dudley predicts U.S. rate hike this year, but not committed
NEW YORK (Reuters) - An influential Federal Reserve policymaker said on Friday that he expects the central bank to raise interest rates this year, though it is not a commitment and the decision will d...
Jeffrey Gundlach's DoubleLine plans new ETFsJeffrey Gundlach's DoubleLine plans new ETFs
(Reuters) - DoubleLine Capital, the investment firm with $80 billion in assets overseen by widely followed co-founder Jeffrey Gundlach, is planning two new exchange-traded funds (ETF), following the f...
No impact on used VW diesel car prices in Europe from scandal: surveyNo impact on used VW diesel car prices in Europe from scandal: survey
LONDON (Reuters) - The emissions-cheating scandal shaking Volkswagen has not affected the price of used VW diesel cars in Europe, a car valuation firm said on Friday, while warning that could change...
AB InBev bid for SABMiller helps lift global M&A levels to record high AB InBev bid for SABMiller helps lift global M&A levels to record high
LONDON (Reuters) - The level of announced mergers and acquisitions (M&A) for the year has reached an all-time high, helped by Anheuser-Busch InBev`s <ABI.BR> record $100 billion offer for Lo...
U.S. wholesale inventories rise slightly in AugustU.S. wholesale inventories rise slightly in August
WASHINGTON, (Reuters) - U.S. wholesale inventories rose in August, boosted by larger stocks of computers and professional equipment used by businesses. The Commerce Department said on Friday that wh...

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.