US Stock Futures Slightly Higher Ahead Of Jobless Claims Data
Benzinga | May 17, 2012 09:08AM ET
US stock futures are slightly higher this morning, as investors are awaiting weekly jobless-claims data. Futures for the Dow Jones Industrial Average surged 9 points to 12,583.00 and S&P 500 index futures rose 1.40 points to 1,323.80. Nasdaq 100 futures gained 0.50 points to 2,558.00.
US stocks closed lower on Wednesday, with the Dow Jones Industrial Average dropping 0.26% to 12,598.55, the S&P 500 index declining 0.44% to 1,324.80 and the Nasdaq 100 index falling 0.68% to 2,874.04.
Data on weekly jobless claims will be released at 8:30 a.m. ET. The Philly Fed Manufacturing Index will be released at 10 a.m. ET.
Boyd Gaming Corp (NYSE: BYD) announced its plans to buy Peninsula Gaming LLC for $1.45 billion.
European markets were lower today. The STOXX Europe 600 Index declined 0.56%, French CAC 40 index fell 0.43%. London's FTSE 100 Index moved down 0.74% and German DAX 30 index declined 0.55%.
Asian markets ended mostly higher, with Japan's Nikkei Stock Average gaining 0.86%, China's Shanghai Composite rising 1.39% and Australia's S&P/ASX 200 moving down 0.15%. Hong Kong's Hang Seng index fell 0.31% and India's Sensex gained 0.27%.
Comex gold for June delivery gained $9.10 to $1,545.70 per ounce.
The U.S. Dollar Index rose 0.14% to trade at 81.54.
By Monica Gerson
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