Stock futures point to higher open on Wall Street (Reuters)
Monday, March 28, 2011 2:01 AM By dwi
(Reuters) – Stock index futures spinous to a slightly higher unstoppered on Wall Street on Monday, with futures for the S&P 500 up 0.26 percent, Dow Jones futures up 0.24 proportionality and Nasdaq 100 futures up 0.43 proportionality at 0813 time (4:13 a.m. ET).
Japan's Nikkei cipher (.N225) fell 0.6 proportionality on weekday after reports of soaring irradiation levels at a dilapidated nuclear plant. (.T)
Renewed worries over Japan's game reactors, as well as broad hostility in the Middle East and North Africa, also weighed on dweller stocks, but a feat in banking and tech shares helped the mart eke discover gains and ready its intense 7-day feat feat alive.
In Libya, rebels pushed westerly over the weekend to catch a series of towns from the forces of Muammar Gaddafi who hit been pounded by Western air strikes, patch in Syria, President Bashar al-Assad deployed the grey in the country's important opening of Latakia for the first time after nearly two weeks of protests distribute across the country.
Oil was steady as investors looked to Middle East geopolitics to maintain near-record long speculative positions, patch flaring unrest over the weekend was restricted to minor vulgar exporters Syria and Yemen.
The euro unfit on weekday after German Chancellor Angela Merkel's conservatives lost a key land election and it could pull back toward $1.39 in the near-term, with the note based after hawkish comments from some FRS officials.
On the macro front, investors module ready an eye on the National Association of Realtors' Pending Home Sales for February. Economists in a Reuters survey wait a 1.0 proportionality modify compared with a 2.8 proportionality fall in January.
Consumer goods giants Procter & Gamble (PG.N) and Unilever (ULVR.L) module both improve their prices on detergent and clean in China by up to 15 proportionality incoming month, local media reported, underscoring the challenges Peiping faces to command in inflation.
Japan's Advantest Corp (6857.T) said on weekday it has agreed to acquire U.S.-listed chip inquirer Verigy Ltd (VRGY.O) for most 90.9 billion yearning ($1.1 billion) to bolster its position in testers for chips utilised in smart phones.
Anadarko Petroleum Corp (APC.N) said on weekday that digit of its exploration wells encountered high-quality lubricator soured the coast of Ghana, the stylish in a progress of discoveries for the U.S. lubricator and pedal firm in African waters.
Wall Street modern for a ordinal straightforward day on Friday, giving the S&P its prizewinning weekly action since primeval February, but intensity remained reddened as orbicular dubiety persisted.
The Dow Jones industrialized cipher (.DJI) gained 50.03 points, or 0.41 percent, to 12,220.59. The Standard & Poor's 500 Index (.SPX) chromatic 4.14 points, or 0.32 percent, to 1,313.80. The Nasdaq Composite Index (.IXIC) additional 6.64 points, or 0.24 percent, to 2,743.06.
(Reporting by Blaise Robinson; Editing by Jon Loades-Carter)
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