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

Oman likely to start cutting subsidies next year -ministerOman likely to start cutting subsidies next year -minister
KUWAIT (Reuters) - Oman`s government is likely to start cutting some state subsidies next year as the decline in global oil prices pressures its finances, Minister for Financial Affairs Darwish al-B...
Deutsche Bank lawyer found dead by suicide in New YorkDeutsche Bank lawyer found dead by suicide in New York
BERLIN (Reuters) - A senior Deutsche Bank regulatory lawyer has been found dead in New York after committing suicide, New York City officials said on Saturday. Calogero Gambino, 41, was found on the...
Areva-Siemens raises claim to $4.4 billion over Finnish reactor delaysAreva-Siemens raises claim to $4.4 billion over Finnish reactor delays
HELSINKI (Reuters) - The French-German consortium Areva-Siemens <AREVA.PA><SIEGn.DE>, the supplier of Finland`s much-delayed Olkiluoto-3 nuclear reactor, has increased its claim against Fi...
India's finance minister favors interest rate cut: paperIndia's finance minister favors interest rate cut: paper
NEW DELHI (Reuters) - India`s Finance Minister Arun Jaitley favors a cut in interest rates to trigger demand in the construction sector, a newspaper report said on Saturday, but the central bank has s...
China's auto market growth may halve to 7 percent this year: industry body headChina's auto market growth may halve to 7 percent this year: industry body head
SHANGHAI (Reuters) - Growth in China`s auto market, the world`s biggest, will halve to 7 percent this year weighed down by a slowing economy, the head of an industry body said on Saturday. "Personal...

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.