Futures Point To Broadly Lower Open For Wall Street
The U.S. stimulus bill is expected to be presented on the House floor for a vote tomorrow.
Asian shares finished higher, while European shares are trading mostly lower.
Early signs from the U.S. Futures Index suggest that Wall Street might open broadly lower.
As of 7.15 am ET, the Dow futures were adding 15.00 points, the S&P 500 futures were down 12.10 points and the Nasdaq 100 futures were sliding 131.00 points
The U.S. major Indices gained on Wednesday. The Dow soared 424.51 points or 1.4 percent to 31,961.86 and the S&P 500 jumped 44.06 points or 1.1 percent to 3,925.43. The tech-heavy Nasdaq also surged 132.77 points or 1 percent to 13,597.97 after tumbling by nearly 180 points in early trading.
Wall Street Aims To Open Lower
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Jobless Claims, Housing Starts data, Import and Export prices, as well as Philadelphia-area Manufacturing activity, are the major economic announcements on Thursday.
Earnings also might get special attention. Walmart s fourth-quarter comp sales were up 8.6 percent. Total revenue increased 7.3 percent to $152.1 billion from $141.7 billion in the prior year. On a per-share basis, earnings were $4.75, and on an adjusted basis earnings were $5.48.
Asian shares closed mostly lower, while European shares are trading down.
Early signs from the U.S. Futures Index suggest that Wall Street might open broadly lower.
On the earnings front, retail giant Walmart (WMT) is among the companies scheduled to their quarterly results before the start of trading on Thursday.