Stock index futures down; earnings eyed (Reuters)
Tuesday, January 25, 2011 2:01 AM By dwi
NEW YORK (Reuters) – Stock finger futures pointed to a weaker unstoppered on Wall Street on Tuesday, with futures for the S&P 500, for the Dow designer and for the Nasdaq 100 downbound 0.1-0.2 percent.
* The U.S. agent Open Market Committee begins its two-day gathering on interest-rate policy. The Fed, in a evidence due around 2:15 p.m. EST on Wednesday, was widely due to pass rising scheme conditions scarred by signs of life among consumers and factories.
* At 7:45 a.m. EST, ICSC/Goldman Sachs module promulgation concern store sales for the hebdomad ended Jan 22, versus the preceding week. In the preceding week, sales lapse 0.1 percent.
* BlackRock Inc (BLK.N), the world's maximal quality manager, is due to report flourishing gains in ordinal lodge acquire and revenue on Tuesday, aided in no diminutive manoeuvre by the orbicular have mart rally.
* Other field companies to report results on Tuesday allow character (YHOO.O), President & President (JNJ.N), DuPont (DD.N), 3M Company (MMM.N) and Harley-Davidson (HOG.N).
* At 8:55 a.m. EST, Redbook releases its Retail Sales Index of division and concern store sales for Jan versus December. In the preceding period, sales were downbound 0.6 percent.
* Britain is to provide News Corp (NWSA.O) a final quantity to refrain a prolonged and expensive investigation into its planned $12 1000000000 buyout of BSkyB (BSY.L), in a advise that is probable to draw critique from rivals.
* At 9 a.m. EST Standard & Poor's is ordered to promulgation its S&P Case/Shiller Home Price Index for November. Economists wait a drop of 0.8 proportionality versus a 1.0 proportionality fall in the preceding month.
* A collection of U.S. set cuts should provide a displace to a orbicular scheme feat that had already begun to acquire speed late last year, the IMF said as it revised its concern growth forecast higher.
* At 10 a.m. EST, the agent Housing Finance Agency issues Home Price Index for November. In October, the finger chromatic 0.7 percent.
* Also at 10 a.m. EST the Conference Board releases Jan consumer confidence. Economists in a Reuters analyse wait a reading of 54.3 compared with 52.5 in December.
* Resource-related have module be in focus, with U.S. oil falling for a second straightforward session as an due rise in U.S. stocks and a anaemic theoretical outlook weighed on prices.
* The FTSEurofirst 300 (.FTEU3) finger of crowning European shares was flat in morning change after gaining earlier in the session, patch Japan's Nikkei cipher (.N225) ended 1.2 proportionality firmer.
* On Monday the Dow designer industrialized cipher (.DJI) ended up 108.68 points, or 0.92 percent, at 11,980.52. The Standard & Poor's 500 Index (.SPX) was up 7.49 points, or 0.58 percent, at 1,290.84. The Nasdaq Composite Index (.IXIC) was up 28.01 points, or 1.04 percent, at 2,717.55.
(Reporting by Atul Prakash; redaction by Sophie Walker)
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