U.S. PRE-MARKET INDICATORS
-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%
PRE-MARKET SECTOR WATCH
(+) 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
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.
One of my favorite things to see in a long candidate is a pattern of beating Wall Street's earnings read on...
Tobin’s Q, a market-valuation metric, is back in the news, in part thanks to a widely read Bloomberg read on...
Despite the chorus of analysts and investors calling for the long-awaited correction, the market is showing read on...
What's going on at the Fed? Notorious dove, Charles Evans of the Chicago Fed, gave a speech in read on...