Stock futures rise ahead of Yellen, Chicago PMI E
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Stock futures rise ahead of Yellen, Chicago PMI
Euro-zone inflation falls to post-2009 low, driving hopes for easing
MADRID (MarketWatch) — Hopes for stimulus measures from Chinese and European officials continued to underpin U.S. stock futures on Monday, the last trading day of the month and quarter. Investors were also looking ahead to a speech from Federal Reserve Chairwoman Janet Yellen and a Chicago regional manufacturing survey.
Futures for the Dow Jones Industrial Average (CBE
JM4) rose 52 points, or 0.3%, to 16,292, while those for the S&P 500 index (GLC:SPM4) rose 6.2 points, or 0.3%, to 1,856.60. Futures for the Nasdaq-100 (GLC:NDM4) gained 14 points, or 0.4%, to 3,577.
The biggest data of the week will come on Friday, when the U.S. employment report for March is due. Economists are expecting a pop higher in those numbers, which could go some way toward soothing investor worries about the economy. http://www.marketwatch.com/story/stock-future...beforebell
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