U.S. stock futures were most recently trading lower, having earlier been flat to higher, amid volatile trade after the Swiss National Bank took the unexpected step of removing the cap that has been in place since 2011 on the Swiss franc, driving it higher 17% recently against the dollar. At 8:30 a.m. E.T., jobless Read More
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LONDON (ShareCast) – Dow Futures swung from gains to sharp losses on Thursday, after the Swiss National Bank (SNB) removed its currency peg at 1.20 franc per euro. The Dow Jones Industrial Average is expected to open seven points lower than Wednesday’s close of, with the S&P 500 and the Nasdaq set to begin the Read More
* Bank of America falls in premarket after results * Best Buy down in premarket after holiday sales * Initial claims data due * Futures off: Dow 8 pts, S&P up 3.25 pts, Nasdaq off 9.75 pts (Adds Citibank earnings, Swiss ADR moves) By Chuck Mikolajczak NEW YORK, Jan 15 (Reuters) – Dow Futures dipped Read More
* Bank of America falls in premarket after results * Best Buy down in premarket after holiday sales * Initial claims data due * Futures: Dow up 28 pts, S&P up 1.5 pts, Nasdaq off 3 pts By Chuck Mikolajczak NEW YORK, Jan 15 (Reuters) – Dow Futures edged higher in choppy trading on Thursday, Read More
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* World Bank cuts global growth forecasts * JPMorgan falls in premarket after earnings * Freeport McMoRan drops on copper weakness * Retail sales fall short of estimate * Futures off: Dow 237 pts, S&P 25.25 pts, Nasdaq 41 pts (Adds quote, data, updates futures prices) By Chuck Mikolajczak NEW YORK, Jan 14 (Reuters) – Read More
US stock futures declined as a government report showed a bigger-than-expected drop in US retail sales, against a continued backdrop of falling copper and oil prices. Retail sales in the world’s biggest economy decreased 0.9% in December, much more than the 0.1% dip predicted by analysts. The Commerce Department’s figures marked the largest fall since Read More
* World Bank cuts global growth forecasts * JPMorgan falls in premarket after earnings * Freeport McMoRan drops on copper weakness * Futures off: Dow 106 pts, S&P 11.25 pts, Nasdaq 19 pts (Adds premarket actives) By Chuck Mikolajczak NEW YORK, Jan 14 (Reuters) – Dow Futures declined on Wednesday, putting equities on track to Read More
* World Bank cuts global growth forecasts * JPMorgan falls in premarket after earnings * Freeport McMoRan drops in premarket on copper weakness * Futures off: Dow 69 pts, S&P 7 pts, Nasdaq 10.75 pts By Chuck Mikolajczak NEW YORK, Jan 14 (Reuters) – Dow Futures fell on Wednesday, putting equities on track to extend Read More
* Alcoa up in premarket after results * Oil falls near 6-year low * Futures up: Dow 92 pts, S&P 10 pts, Nasdaq 24.75 pts (Adds quote) By Chuck Mikolajczak NEW YORK, Jan 13 (Reuters) – U.S. stocks were poised for a higher open on Tuesday after the S&P 500 fell for a second consecutive Read More