US Stock Futures Down; Jobless Claims Data In Focus
Benzinga | May 10, 2012 08:53AM ET
US stock futures are lower this morning, as investors are awaiting weekly jobless-claims data. Futures for the Dow Jones Industrial Average dropped 32 points to 12,763.00 and S&P 500 index futures fell 1 point to 1,350.00. Nasdaq 100 futures declined 8.75 points to 2,610.50.
US stocks closed lower on Wednesday, with the Dow Jones Industrial Average dropping 0.75% to 12,835.06, the S&P 500 index declining 0.67% to 1,354.58 and the Nasdaq 100 index falling 0.39% to 2,934.71.
Data on weekly jobless claims will be released at 8:30 a.m. ET. March trade data and the import-price index for April will also be released at 8:30 a.m. ET. The Federal budget figures for April will be released at 2 p.m. ET.
News Corp (NASDAQ: NWSA) reported stronger-than-expected third-quarter results.
European markets were lower today. The STOXX Europe 600 Index declined 0.52%, French CAC 40 index fell 1.43%. London's FTSE 100 Index moved down 0.52% and German DAX 30 index declined 0.18%.
Asian markets ended mixed, with Japan's Nikkei Stock Average declining 0.39%, China's Shanghai Composite rising 0.07% and Australia's S&P/ASX 200 moving up 0.50%. Hong Kong's Hang Seng index fell 0.51% and India's Sensex dropped 0.29%.
The euro gained 0.07% against the dollar to trade at $1.2939, versus $1.2954 in late trade Wednesday.
The Dollar Index (DXY) gained 0.02% to 80.1, versus 80.083 in late trade Wednesday.
By Monica Gerson
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