What can stunt US economic growth? (Part 11 of 11) (Continued from Part 10) A note In this series, we looked at several indicators that display different aspects of the US economy. Some are stable, but may have a negative bias while others are not looking as good as we expected. This is not to imply Read More
Author: Dow Futures
US consumer spending barely rose in January as households cut back on purchases of a range of goods, suggesting the economy started the first quarter on a softer note. The Commerce Department said on Thursday retail sales excluding automobiles, gasoline, building materials and food services edged up 0.1 per cent last month after a 0.3 Read More
* Ceasefire deal reached between Ukraine, Russia * Sweden introduces negative interest rates, bond buys * Cisco up in premarket after results; Tesla falls * Expedia to buy Orbitz for $ 1.33 bln * Futures up: Dow 67 pts, S&P 7 pts, Nasdaq 22 pts (Adds quote, data) By Chuck Mikolajczak NEW YORK, Feb 12 Read More
* Futures up: Dow 84 pts, S&P 9.75 pts, Nasdaq 22 pts * Ceasefire deal reached between Ukraine, Russia * Sweden introduces negative interest rates, bond buys * Cisco up in premarket after results; Tesla falls By Chuck Mikolajczak NEW YORK, Feb 12 (Reuters) – Dow Futures advanced on Thursday, following a ceasefire agreement between Read More
LONDON: Brent oil futures rose to US$ 56 a barrel on Thursday, as a weakened dollar and industry spending cuts offset worries of a supply glut after U.S. crude inventories increased for a fifth consecutive week. The dollar fell 0.25 percent against a basket of currencies , making dollar-traded commodities such as oil more attractive. Read More
HAMBURG: European milling wheat edged higher on Wednesday, bouncing from earlier lows with support from rising US wheat futures. The front-month March milling wheat contract on the benchmark Paris-based Euronext market unofficially closed up 1.0 euro or 0.5 percent at 186.00 euros a tonne, after earlier Read More
* Europe agrees on way forward for Greece * Apple rises after Icahn letter * Indexes: Dow off 0.04 pct, S&P flat, Nasdaq up 0.28 pct (Updates with Greek news, late markets moves) By Sinead Carew NEW YORK, Feb 11 (Reuters) – U.S. stock futures rose late on Wednesday after Europe agreed on a way Read More
* PepsiCo climbs in premarket after results * Rite Aid to buy EnvisionRx for about $ 2 billion * Pier 1 tumbles after outlook cut * Futures: Dow down 30 pts, S&P off 1.5 pts, Nasdaq up 2 pts (Adds quote, updates prices) By Chuck Mikolajczak NEW YORK, Feb 11 (Reuters) – U.S. stocks were Read More
U.S. stock futures were trading slightly in the red Wednesday ahead of a meeting between European leaders Wednesday and Thursday that could give clues about Greece’s fate, even as expectations were low for a resolution to the standoff. On Wednesday, European finance ministers will meet and then European leaders meet on Thursday. The rhetoric Read More
* PepsiCo climbs in premarket after results * Rite Aid to buy EnvisionRx for about $ 2 billion * Pier 1 tumbles after outlook cut * Futures off: Dow 24 pts, S&P 1.75 pts, Nasdaq flat By Chuck Mikolajczak NEW YORK, Feb 11 (Reuters) – Dow Futures were little changed on Wednesday, after the S&P Read More