Monday, March 4, 2013

U.s. Stock Index Futures Indicate A Weakening Wall Street

Indeks Saham AS Berjangka Indikasikan Pelemahan Wall Street

Monexnews-

U.s. stock index futures indicated a weakening Wall Street session on Thursday, where the S&P Index 500 futures continue weakening though the day before the fall are already experiencing in the aftermath of The Fed minutes, which indicates a termination early stimulus opportunities than the previous estimation.

The awaited economic Data including jobless claims jumped to an estimated weekly 355,000 the previous week compared to 341,000. In addition investors will also be waiting for the CPI index predicted up 0.1% in the month of January.

Other important reports, among other manufacturing PMI index and existing home sales, a leading indicator as well as activity survey binsis area of Philadelphia.

Investors will also be awaiting a speech by St. Louis Fed President James Bullard, who proposed the termination of the bond purchase program if the economy starts to improve.

Observed so far the index futures weakened DJIA-0.27% at 13,850 while S&P level 500 futs down 0.28% to as low as-1, and Nasdaq futures SAG 502.75-0.47% traded on level 2, 724.50.

(Sap)



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Title Post: U.s. Stock Index Futures Indicate A Weakening Wall Street
Rating: 100% based on 99998 ratings. 5 user reviews.
Author: Mohammad Zulfi Satriawan

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