Join        Login             Stock Quote

Pre-Market: Stocks Headed For Strong Start As Street Welcomes Fed's Efforts On Economy

 November 04, 2010 09:14 AM

-Dow Industrial futures up 86 points.

-S&P 500 futures up 9 points.

-Nasdaq 100 futures up 15 points.

-Nasdaq-100 Pre-Market Indicator Up 17.22 at 2,175.58


Nikkei up 2.2%

Hang Seng up 1.6%

FTSE-100 up 1.7%


(+) Large cap tech: mostly firmer

(+) Chip stocks: firmer

(+) Software stocks: firmer

(+) Internet stocks: mostly firmer

(+,-) Drug stocks: mixed

(+) Financial stocks: firmer

(+) Industrial stocks: firmer

(+) Auto stocks: firmer

(-,+) Airline stocks: mixed

(+,-) Retail stocks: mixed


(+) SIRI (+0.6%) gains after earnings.

(+) WFMI (+9.6%) continues evening gain that followed solid earnings.

(+) QCOM (+7.6%) continues evening gain that followed upbeat earnings.

(+) F (+1.8%) gaining in active volume after encouraging October sales.

(+) M (+2.6%) gains after Oct. sales.

(+) URRE (+9%) inks LOI with Cameco unit.

(+) KSS (+0.6%) gains after dip in sales, backing EPS guidance.


(-) ALU (-5.9%) draws negative reaction to revenue news.

(-) COCO (-1%) downgraded.

(-) ARO (-2%) down after sales data.


Stock futures continue to indicate early gains for the broad stock market, following Europe's advance and a sharp drop in the dollar as the Federal Reserve on Wednesday delivered on its pledge for an aggressive bond-buying program meant to inject new life in a flagging economic recovery.

The DJIA closed at September 2008 levels Wednesday. London's FTSE 100 index is trading at its highest level in over two years today. Both the Bank of England and the European Central Bank hold their respective monetary policies unchanged.

Stock futures retain solid gains even as a report shows a 20,000-person jump in weekly jobless benefits claims after recent declines. Economists predicted a slightly smaller gain.

Next Page >>12
iOnTheMarket Premium


Comments Closed

rss feed

Latest Stories

article imageEmerging-Markets Stocks Took The Lead Last Week

Emerging-markets equities enjoyed a solid rise last week among the major asset classes, based on a set of read on...

article imageDoes Your Latest Investment Pass This Test?

On Wednesday, I sounded the alarm about the problems looming for some consumer staples stocks. In short, read on...

article imageIs The Slump In US Manufacturing Easing?

Yesterday’s November survey data from the Philadelphia Fed hints at the possibility that a stronger trend read on...

Popular Articles

Daily Sector Scan
Partner Center

Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.