Stock futures little changed as Yellen comments aw
Post# of 23083
Posted On: 11/12/2015 8:10:45 AM
Stock futures little changed as Yellen comments awaited
Thursday, November 12, 2015 8:35 AM
image: http://images1.newscred.com/cD02ZDNhNTY2Mzk0M...height=175
(Reuters) - U.S. stock index futures were little changed on Thursday ahead of scheduled speeches by several Federal Reserve policymakers, including Chair Janet Yellen, and weekly jobless claims data.
* Investors will parse the data and policymakers' remarks for clues on if the central bank will raise interest rates next month, as is widely expected.
* Yellen is scheduled speak at 9:30 a.m. ET. Chicago Fed President Charles Evans, New York Fed President William Dudley and Fed Vice Chair Stanley Fischer are also scheduled to speak during the day.
* The Fed has maintained that it is likely to pull the trigger next month if data supports its view that the economy was strong enough to withstand higher rates.
* In contrast, European Central Bank President Mario Draghi hinted on Thursday that the bank could extend stimulus programs at its policy meeting next month as inflation dynamics had somewhat weakened.
* U.S. data due on Thursday is expected to show jobless claims benefits fell 6,000 to 270,000 last week, indicating continued improvement in the labor market. The data is due at 8:30 a.m.
* U.S. stocks closed lower on Wednesday, weighed down by a slide in energy stocks and brick-and-mortar retailers after Macy's <M.N> weak results and forecast.
* Department store operator Kohl's <KSS.N> reported better-than-expected quarterly net sales on Thursday, sending its shares up 9.13 percent to $47.10 premarket.
* Advanced Auto Parts <AAP.N> dropped 6.5 percent to $182 after it reported quarterly profit below estimates.
* PayPal's shares <PYPL.O> were down 1.2 percent at $35.90 after the Wall Street Journal reported Apple <AAPL.O> was in talks with U.S. banks to develop a rival payment service.
* Nordstrom <JWN.N> and Cisco <CSCO.O> are slated to report results after the close.
Futures snapshot at 7:28 a.m. ET:
* S&P 500 e-minis <ESc1> were unchanged, with 116,890 contracts traded.
* Nasdaq 100 e-minis <NQc1> were down 1 points, or 0.02 percent, on volume of 20,292 contracts.
* Dow e-minis <1YMc1> were down 18 points, or 0.1 percent, with 18,644 contracts changing hands.
(Reporting by Abhiram Nandakumar in Bengaluru; Editing by Savio D'Souza)
Copyright (2015) Thomson Reuters. Click for restrictions
This article was written by Abhiram Nandakumar from Reuters and was legally licensed through the NewsCred publisher network.
Read more at http://thestockmarketwatch.com/news/read.aspx...BDdibap.99
Thursday, November 12, 2015 8:35 AM
image: http://images1.newscred.com/cD02ZDNhNTY2Mzk0M...height=175
(Reuters) - U.S. stock index futures were little changed on Thursday ahead of scheduled speeches by several Federal Reserve policymakers, including Chair Janet Yellen, and weekly jobless claims data.
* Investors will parse the data and policymakers' remarks for clues on if the central bank will raise interest rates next month, as is widely expected.
* Yellen is scheduled speak at 9:30 a.m. ET. Chicago Fed President Charles Evans, New York Fed President William Dudley and Fed Vice Chair Stanley Fischer are also scheduled to speak during the day.
* The Fed has maintained that it is likely to pull the trigger next month if data supports its view that the economy was strong enough to withstand higher rates.
* In contrast, European Central Bank President Mario Draghi hinted on Thursday that the bank could extend stimulus programs at its policy meeting next month as inflation dynamics had somewhat weakened.
* U.S. data due on Thursday is expected to show jobless claims benefits fell 6,000 to 270,000 last week, indicating continued improvement in the labor market. The data is due at 8:30 a.m.
* U.S. stocks closed lower on Wednesday, weighed down by a slide in energy stocks and brick-and-mortar retailers after Macy's <M.N> weak results and forecast.
* Department store operator Kohl's <KSS.N> reported better-than-expected quarterly net sales on Thursday, sending its shares up 9.13 percent to $47.10 premarket.
* Advanced Auto Parts <AAP.N> dropped 6.5 percent to $182 after it reported quarterly profit below estimates.
* PayPal's shares <PYPL.O> were down 1.2 percent at $35.90 after the Wall Street Journal reported Apple <AAPL.O> was in talks with U.S. banks to develop a rival payment service.
* Nordstrom <JWN.N> and Cisco <CSCO.O> are slated to report results after the close.
Futures snapshot at 7:28 a.m. ET:
* S&P 500 e-minis <ESc1> were unchanged, with 116,890 contracts traded.
* Nasdaq 100 e-minis <NQc1> were down 1 points, or 0.02 percent, on volume of 20,292 contracts.
* Dow e-minis <1YMc1> were down 18 points, or 0.1 percent, with 18,644 contracts changing hands.
(Reporting by Abhiram Nandakumar in Bengaluru; Editing by Savio D'Souza)
Copyright (2015) Thomson Reuters. Click for restrictions
This article was written by Abhiram Nandakumar from Reuters and was legally licensed through the NewsCred publisher network.
Read more at http://thestockmarketwatch.com/news/read.aspx...BDdibap.99
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I'm in it to win it!
NASDAQ DIP and RIP
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Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'
NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'