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

Pre Market | Dow Jones | Gold | Newsletters | Learn


U.S. Stock Futures Slip, Retail Sales Data Eyed

Wednesday, March 13, 2013 7:55 AM
U.S. stock futures fell on Wednesday as investors keenly wait for February retail sales data, scheduled to be released ahead of the morning bell. At last check, futures on Dow Jones Industrial Average Index dropped 0.11%; those on NASDAQ 100 Index lost 0.18% while futures on S&P 500 Index edged down 0.21%. On Tuesday, Dow Jones Index pared initial losses to extend its all-time-high level while S&P 500’s 7–session of winning streak was snapped but the index closed only 14 points below its record high level. After the release of unexpectedly strong non-farm payrolls data on Friday, Wall Street investors will keep a close on retail sale data. Should the numbers show any weakness (since U.S. consumer spending was hurt by higher payroll taxes, inflation in gasoline prices, and delays in tax refunds) then the path to economic recovery could prove to be shaky. The data will be released at 8:30 a.m. EST. Economists polled by Thomson Reuters are expecting retail sales (excluding and including auto and gasoline sales) to increase by 0.5% in February, compared to 0.1% rise in January. Shares of Apple Inc. (NASDAQ: AAPL) will under spotlight on Wednesday. According to IDC, sales of Google Inc.’s (NASDAQ: GOOG) Android tablets are expected to surpass iPad sales in this year. On earnings front, Vera Bradley Inc. (NASDAQ: VRA) and Men’s Warehouse Inc. (NYSE: MW) are scheduled to report quarterly earnings. Markets in Asia ended lower with Nikkei 225 falling 0.61%, Hang Seng Index plunging 1.46% while China’s benchmark index, the Shanghai Composite Index slumping nearly 1% for the day. Elsewhere in Europe, all leading benchmark indexes were trading in red territory, at last check. In some other markets, oil gained 0.26% to $92.78 a barrel while U.S. gold futures edged up 0.16% to $1594.10 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

Concerns about state of global economy have increased: UK's OsborneConcerns about state of global economy have increased: UK's Osborne
LONDON (Reuters) - Stagnation in the euro zone, recession in Japan and geopolitical crises have increased concerns about the state of the global economy, British finance minister George Osborne said o...
Draghi says ECB ready to act fast to tackle low inflationDraghi says ECB ready to act fast to tackle low inflation
FRANKFURT (Reuters) - The European Central Bank is ready to act in a timely manner if low inflation persists, ECB President Mario Draghi said on Friday. "We will continue to meet our responsibility ...
Draghi throws door to QE wide open as recovery wanesDraghi throws door to QE wide open as recovery wanes
FRANKFURT (Reuters) - European Central Bank President Mario Draghi threw the door wide open on Friday for more dramatic action to rescue the euro zone economy, saying “excessively low” inflation had...
'Immoral, but not illegal': metal warehousing games in the spotlight'Immoral, but not illegal': metal warehousing games in the spotlight
NEW YORK (Reuters) - Complex deals employed by Goldman Sachs` <GS.N> metals storage unit to build vast stockpiles and then maintain queues test the spirit of the London Metal Exchange operatin...
Long 'to do' list for India's Modi as clock ticks on reformLong 'to do' list for India's Modi as clock ticks on reform
NEW DELHI (Reuters) - India`s Prime Minister Narendra Modi has a long list of pro-growth measures to implement over the next four months, but time may have already run out to breathe enough life int...

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.

Algorithm Based
Trade Signals
arrow
small cap swing trades SmallCaps stocks under $10
Index Signals Index Signals SPY, QQQ, DIA, IWM
options trading Mega Stocks options + stock trade signals
Forex Forex Signals major FX pairs signals