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

Pre Market | Dow Jones | Gold | Newsletters | Learn


U.S. Stocks Futures Flat

Friday, March 15, 2013 8:06 AM
U.S. stock futures were almost flat on Friday with investors keeping an eye on inflation and consumer sentiment data, scheduled to be released later today. Wall Street investors will be also curious to find out whether the S&P 500 Index could breach its all-time-high level on Friday. On Thursday, the benchmark Dow Jones Index stretched its all-time-high level and extended its winning streak for the 10th successive day. The market sentiment was boosted by an unexpectedly strong U.S. job data, which showed weekly jobless claims falling against economists’ expectation of an increase. At last check, futures on Dow Jones Industrial Average Index slipped 0.01%; those on NASDAQ 100 Index added 0.08% while futures on S&P 500 Index slid 0.02%. On U.S. economic data front, the Labor Department is scheduled to release its data on Consumer Price Index (CPI) for February at 8:30 a.m. EST. Economists polled by Reuters are expecting CPI to rise by 0.5% over the previous month. Core inflation, (excluding food and energy items) is forecasted to rise by 0.2% against 0.3% increase in previous month. At 9:15 a.m. EST, the Federal Reserve will release its data on industrial production and capacity utilization for the month of February. Reuters’ poll shows that economists are expecting industrial production to rise by 0.4% while capacity utilization will be at 79.3%. Industrial production declined 0.1% in January and capacity utilization was at 79.1%. Later at 9:55 a.m. EST, University of Michigan’s preliminary reading on the Consumer Sentiment for March is due. Analysts polled by Reuters predict the index to climb to 78.0 in March from 77.6 in February. Shares of Molycorp Inc. (NYSE: MCP) will be under spotlight after the rare metals mining company reported wider-than-expected losses due to falling output, pressure on prices and a huge write-down , late last evening but said that business will improve from second half of 2013. The Company also announced slashing of unspecified number of jobs in order to cut costs.
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

IBM and the financial engineering economy: James SaftIBM and the financial engineering economy: James Saft
(Reuters) - IBM’s woes are interesting not simply because they tell us about the economy, but because they reveal broader truths about how, and for whom, companies are run. IBM kicked its 2015 ope...
China food scandal, tough U.S. competition pummel McDonald'sChina food scandal, tough U.S. competition pummel McDonald's
(Reuters) - McDonald`s Corp <MCD.N> reported a 30 percent fall in quarterly profit due to a food scandal in China and tough competition in the United States, and the world`s largest restaurant c...
McDonald's quarterly profit falls 30 percentMcDonald's quarterly profit falls 30 percent
(Reuters) - McDonald`s Corp <MCD.N> reported a 30 percent fall in quarterly profit, hurt by a food scandal in China and intense competition in the United States. The company`s net income fell ...
Apple seen riding higher on strong iPhone demand, iPad reboundApple seen riding higher on strong iPhone demand, iPad rebound
(Reuters) - Strong global demand for Apple Inc`s <AAPL.O> iPhone 6 will drive revenue growth through 2015, while updated models should help reverse three straight quarters of declining iPad sale...
Coca-Cola Co profit falls; company expands cost-cuttingCoca-Cola Co profit falls; company expands cost-cutting
(Reuters) - Coca-Cola Co <KO.N> said on Tuesday that its quarterly profit fell 14 percent as sales of carbonated beverage volumes in North America declined. The company, whose shares fell 4 ...

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.