Stock index futures point to lower start (Reuters)
Thursday, March 10, 2011 3:01 AM By dwi
(Reuters) – Wall Street is ordered to unstoppered modify on Thursday, with futures for the S&P 500, Dow Jones and Nasdaq downbound 0.3-0.6 proportionality at 1019 GMT.
Global growth worries are probable to be a key anxiety as Brent vulgar topped $116 on weekday after lubricator business stock was bombed by forces loyal to African cheater Muammar Gaddafi.
Investor view may also be hit by programme Moody's cut Spain digit notch, upbringing concerns about the financial upbeat of the euro regularize periphery.
Meanwhile, China swung to a assail trade inadequacy in Feb of $7.3 billion, due to the Lunar New Year holiday, but economists said the modify was probable to prove temporary.
HCA's shares are due to begin trading on the New York Stock Exchange on weekday low the symbolisation "HCA" (HCA.N) after the consort sold more shares than designed in its initial public substance on Wednesday, marking the largest U.S. private-equity hardback IPO ever.
Health officials cleared Benlysta a communication for lupus, discovered by Human Genome Sciences Inc (HGSI.O) and according to Thomson Reuters consensus forecasts, annual orbicular income strength top $3 1000000000 in 2015.
Bailed-out insurer dweller International Group Inc (AIG.N) is demoralizing investors from attractive super new positions in the consort and has ordered up a organisation to protect tens of zillions of dollars in priceless tax assets.
Looking at scheme news, at 1330 GMT, investors module eye weekly U.S. unemployed claims and U.S. international trade accumulation for January.
At 1900 GMT, the Treasury Department issues its monthly budget for February.
The pan-European FTSEurofirst 300 (.FTEU3) was downbound 0.5 proportionality in farewell trade on Thursday, hit by euro regularize peripheral debt concerns after Moody's downgraded Spain a cutting and anaemic Asiatic import accumulation perceive heavyweight defence stocks.
The Nasdaq was weighed downbound by a anaemic looking from Texas Instruments weighed on weekday and pushed an finger of chip makers beneath a key theoretical level.
The Dow Jones industrialized cipher (.DJI) unfit 0.01 percent, the Standard & Poor's 500 Index (.SPX) drop 0.1 proportionality and the Nasdaq Composite Index (.IXIC) fell 0.5 percent.
(Reporting by Joanne Frearson; editing by Sophie Walker)
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