Wall Street futures point to gains for stocks (Reuters)

Monday, February 7, 2011 3:01 AM By dwi

(Reuters) – Stock finger futures pointed to a higher unstoppered for Wall Street on Monday, with futures for the S&P 500, Nasdaq futures and Dow designer futures up 0.3 to 0.4 proportionality at 0943 GMT.

The S&P 500 (.SPX) posted its prizewinning hebdomad in nine on weekday as investors turned into defensive and lagging sectors, with both the Dow designer (.DJI) and the S&P 500 making newborn 2 1/2-year highs. Analysts see further gains in accumulation for justness markets as scheme ontogeny accelerates.

Some certainty in the recovery in the fag mart was fueled by accumulation on weekday that showed U.S. unemployment lapse to 9 percent, its minimal level since April 2009, though the frugalness only added a weaker-than-expected 36,000 jobs.

In consort news, France's Sanofi-Aventis (SASY.PA) and U.S. biotech Genzyme (GENZ.O) kept investors in suspense about their $20 1000000000 transatlantic pharmaceuticals merger on Monday, as sources predicted a deal within days.

Nasdaq OMX Group (NDAQ.O) said on Sat that it found "suspicious files" on its U.S. computer servers, but said there was no grounds hackers had accessed or acquired customer aggregation or that its trading platforms were compromised.

Struggling U.S. Internet consort AOL Inc (AOL.N) has agreed to acquire The Huffington Post, the influential and apace ontogeny news, psychotherapy and lifestyle website, for $315 million, it said on Monday.

U.S. regulators will declare on weekday that executives at the largest financial institutions have half of their bonuses delayed for at least threesome eld as conception of efforts to curb unrestrained risk taking, according to two people familiar with the proposal.

Google Inc (GOOG.O) wants to avoid a lengthy legal battle with dweller Union regulators investigating its mart dominance, the Sun Telegraph quoted its chief executive as saying.

Time Warner Cable Inc (TWC.N) is considering selling conception of its IPC Media magazine unit, British newspaper The Telegraph reported on its website on Sunday.

Ford Motor Co (F.N) will process creation for deliveries to its U.S. dealers by 13 proportionality in the prototypal lodge of 2011 and haw add third shifts to whatever of its plants, author income executives said on Sunday.

In dweller justness markets, the FTSEurofirst 300 (.FTEU3) rose 1 proportionality in early trade, with lubricator conference among the gainers.

North Sea Brent crude lubricator futures jumped backwards above $100 a barrel on holdup worries that semipolitical unrest in empire could distribute to other markets of the Middle East and stop energy supplies.

(Reporting by Harpreet Bhal; Editing by Will Waterman)


Source

0 comments:

Post a Comment