Symbol Lookup
Register | Login My Watchlist | My Account | Logout
to View Your Portfolio

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.

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

China police cracks $4.5 billion underground bank: XinhuaChina police cracks $4.5 billion underground bank: Xinhua
BEIJING (Reuters) - Chinese police have busted an underground banking network that handled $4.5 billion worth of illegal transactions at Agricultural Bank of China Ltd (AgBank)<601288.SS><128...
Juncker says euro at risk if Schengen passport-free travel zone unravelsJuncker says euro at risk if Schengen passport-free travel zone unravels
BRUSSELS (Reuters) - European Commission President Jean-Claude Juncker said on Wednesday Europe`s single currency will be jeopardized if its Schengen passport-free travel zone unravels due to member...
VW will stick to 6.7 billion euro provisions despite simple technical fixVW will stick to 6.7 billion euro provisions despite simple technical fix
WOLFSBURG, Germany (Reuters) - Volkswagen <VOWG_p.DE> will not reduce planned provisions of 6.7 billion euros ($7.1 billion) for costs of its diesel emissions scandal although technical fixes fo...
China securities body finds $166 billion error in CITIC Sec reportsChina securities body finds $166 billion error in CITIC Sec reports
BEIJING (Reuters) - CITIC Securities Co <600030.SS>, China`s biggest brokerage, overstated some of its financial derivatives by more than 1 trillion yuan ($166 billion) in monthly reports from...
ECB's Honohan says signs of results from QE but needs to continueECB's Honohan says signs of results from QE but needs to continue
DUBLIN (Reuters) - There are signs that the European Central Bank`s quantitative easing is producing results but the bank needs to continue accommodative policies, ECB governing council member Patrick...

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.

{localized={en_US=Terry}, preferredLocale={country=US, language=en}} {localized={en_US=Scott}, preferredLocale={country=US, language=en}}

Terry Scott
CEO of StockMarketWatch

View Profile

Learn the Stock Market

Sharper your stock trading skills with our stock market education section.

Be a Better
Trader, Today
PreMarket PRO Our New Streaming Realtime Pre-Market Product -- Click Here to Learn More