* Feb payrolls top expectations * International trade deficit narrows * Foot Locker climbs in premarket after results * Bank of America climbs after Fed stress tests * Futures off: Dow 45 pts, S&P 5.5 pts, Nasdaq 2 pts (Adds data, quote) By Chuck Mikolajczak NEW YORK, March 6 (Reuters) – U.S. stocks were poised Read More
Author: Dow Futures
LONDON (ShareCast) – Dow Futures fell after the release of the February non-farm payrolls report which smashed estimates on the headline front. Traders cite the strong release pushes rate hike expectations forward as the driver behind the decline in Dow Futures. After the release of the payrolls data, the S&P500 front month futures contract slid Read More
* Initial jobless claims climb more than expected * Factory orders data due * AbbVie to buy Pharmacyclics for about $ 21 bln * Costco climbs in premarket after results * Futures up: Dow 39 pts, S&P 4 pts, Nasdaq 9.75 pts (Adds claims data, ECB decision) By Chuck Mikolajczak NEW YORK, March 5 (Reuters) Read More
* Initial jobless claims, factory orders data due * AbbVie to buy Pharmacyclics for about $ 21 bln * Costco climbs in premarket after results * Futures up: Dow 30 pts, S&P 3.5 pts, Nasdaq 7.75 pts By Chuck Mikolajczak NEW YORK, March 5 (Reuters) – Dow Futures edged up on Thursday, after two days Read More
Ferguson policies targeted blacks, created toxic environment: U.S. attorney general By Lisa Lambert and Carey Gillam WASHINGTON/KANSAS CITY, Mo. (Reuters) – A U.S. probe found systemic racial bias targeted blacks and created a “toxic environment” in Ferguson, Missouri, but cleared a white officer in the fatal shooting of an unarmed black teenager there, Attorney General Read More
View photo . (Melia Robinson/Business Insider) Good morning. Via Dave Lutz at JonesTrading, here’s a super quick guide to what traders are talking about this morning. Morning! US Futures are retreating, led by a 50bp drop in the Russell, nearly a double from S&Ps early losses – so let’s watch today to see if that Read More
U.S. Supreme Court justices weigh challenge to Obamacare By Lawrence Hurley WASHINGTON (Reuters) – The U.S. Supreme Court heard arguments on Wednesday on a second major challenge to President Barack Obama’s healthcare law, but no clear majority was immediately apparent in the case that takes aim at a pivotal part of the statute providing tax Read More
LONDON (ShareCast) – US markets are set to open lower Wednesday following declines in European and Asian sessions as investors cut positions ahead of Thursday’s European Central Bank meeting and Friday’s US monthly jobs report. The S&P 500 front month futures contract is indicating a soft open on Wall Street, off 0.44% at 2108 while Read More
* ADP misses February expectations, January revised higher * Markit, ISM services data on tap * Honeywell reaffirms outlook * Futures off: Dow 46 pts, S&P 5.75 pts, Nasdaq 10 pts (Adds quote, data) By Chuck Mikolajczak NEW YORK, March 4 (Reuters) – U.S. stocks were poised for a lower open on Wednesday, putting the Read More
U.S. stock futures were in the red Wednesday as the ADP private payroll employment figures missed expectations and as markets waited for monetary policy makers to speak on the economy. The February ADP private payrolls rose 212,000 compared to the 220,000 estimate while January payrolls were revised upwards to 250,000 from 213,000. In other Read More