The U.S. stock futures pointed to a weaker open for equities on Wall Street on Friday amid the continued market stress seen in Europe.
Ahead of the opening bell, the Dow Jones industrial average futures were trading lower by 0.64 percent, or 72 points to 11,162. The Nasdaq Futures were trading lower by 0.65 percent, or 14 points to 2,147. Standard and Poor's 500 futures were trading lower by 0.59 percent, or 6.80 points to 1,153.10, today.
Hot Stocks of the Day: T, CBR, MSFT, YHOO
AT&T Inc. (NYSE: T) plans to take a $4 billion charge in case its takeover of T-Mobile USA fails, a tacit recognition of the dwindling chances that the deal will get through U.S. regulators who say it would destroy jobs and curb competition.
CIBER, Inc. (NYSE: CBR) has been awarded a 30-month subcontract with Delta Solutions and Technologies, Inc. to provide management and data migration support for the implementation of the U.S. Department of the Interior's Financial and Business Management System with the Bureau of Reclamation's Management Services Office.
Microsoft Corp. (Nasdaq: MSFT) joins the ranks of Silver Lake, TPG Capital, and others in vying to take a better look at Yahoo! Inc. (Nasdaq: YHOO) financials. This new development, where Microsoft is willing not to talk, might mean talks are advancing to final stages.
Global Markets:
The global markets slumped today, as divisions among European leaders on a solution to the region's debt crisis placed considerable pressure on market sentiment ahead of an Italian bond auction. In Europe, Germany's DAX was down by 0.31 percent or 16.89 points to trade at 5,412.87. France's CAC40 fell 0.50 percent or 13.66 points to 2,808.49. Great Britain's FTSE 100 was down 0.29 percent or 14.81 points to 5,112.90.
In the Asian market, China's Shanghai Composite closed lower by 0.72 percent, or 17.33 points to 2,380.22. Hong Kong's Hang Seng fell 1.37 percent or 245.62 points to 17,689.48. Japan's Nikke! i 225 wa s down 0.06 percent or 5.17 points to close trading at 8,160.01. India's BSE 30 Sensex lost 1.03 percent, or 163.06 points to close at 15,695.43.
Market Scan:
Ahead of the opening bell, crude oil was trading lower by 1.06 percent at $95.15 per barrel. Gold was down 1.20 percent at $1,675.30 per ounce.
In the currency market, the euro was trading lower by 0.87 percent against the U.S. dollar, and the British pound was down 0.17 percent against the dollar. The dollar was up 0.44 percent against the Japanese yen.On Wednesday, Wall Street closed on a negative note. Dow Jones industrial average fell 2.05 percent or 236.17 points to close at 11,257.55. The Nasdaq Stock Market Inc. composite index slipped 2.43 percent or 61.20 points to close at 2,460.08. The Standard & Poor's 500 index was down 2.21 percent or 26.24 points to close at 1,161.80. Among other major indices, the New York Stock Exchange composite index slipped 2.02 percent or 143.33 points to close at 6,951.56. The American Stock Exchange composite index was down 2.43 percent or 52.81 points to close at 2,125.06.
{$end}Tags: 2012 Top Performing Stocks ,ETFs ,Stocks to Buy ,Top Performing Silver Stocks ,Top Performing Stocks To Buy ,A breakdown of XLU, IYH and IXP's performance since early spring
No comments:
Post a Comment