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s&p 500 futures advance
May 17th, 2013
S&P 500 Futures – U.S. stocks advanced, putting the Standard & Poor’s 500 Index on track for its fourth straight week of gains, as gauges for leading indicators and consumer sentiment advanced more than estimated.
Northrop Grumman Corp. climbed 3.8 percent after increasing its share-buyback program by $4 billion. Boeing Co. and JPMorgan Chase & Co. added added more than 2 percent to pace gains in the Dow Jones Industrial Average. (INDU) J.C. Penney Co. slid 3.7 percent after its first-quarter loss widened.
The S&P 500 (SPX) rose 0.5 percent to 1,658.59. at 11:55 a.m. in New York. The equity benchmark is heading for a 1.5 percent weekly gain. The Dow advanced 61.95 points, or 0.4 percent, to 15,295.17, a fresh record. Options contracts on stocks, exchange-traded funds and indexes expire today, leading investors to adjust their holdings of some securities. Trading of S&P 500 stocks was 3.4 percent higher than the 30-day average at this time of day.
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November 6th, 2012
S&P 500 Futures – U.S. stocks rose, sending the Standard & Poor’s 500 Index higher for a second straight day, as American voters went to the polls to pick a president.
Hewlett-Packard Co. (HPQ) and United Technologies Corp. (UTX) added at least 2.6 percent to pace gains among the biggest companies. Computer Sciences Corp., the manager of networks for NASA, surged 17 percent as a cost-cutting program helped boost its profit forecast. Express Scripts (ESRX) Holding Co., the largest U.S. pharmacy benefits manager, plunged 12 percent after saying analysts’ profit estimates for 2013 were “overly aggressive.”
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October 11th, 2012
S&P 500 Futures – U.S. stocks advanced, sending the Standard & Poor’s 500 Index higher for the first time in five days, as American jobless claims slid to a four-year low and Italy’s bond yields fell after a debt sale.
The S&P 500 added 0.6 percent to 1,440.59 at 9:31 a.m. in New York. The benchmark gauge fell to the lowest level in a month yesterday on concern that the global economy is slowing down and will hurt corporate earnings.
“Recent U.S. macroeconomic data indicate things are not worsening,” said Manish Singh, who helps manage more than $2 billion as head of investment at Crossbridge Capital in London. “It’s fair to say Europe has been driving the risk in the market for some time. With the European Central Bank’s outright monetary transactions program on standby, the chances of a sell- off is remote. The downside risk to the economy will beget more monetary easing from both the developed and emerging world.”
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September 6th, 2012
S&P 500 Futures – The Standard & Poor’s 500 Index (SPX) climbed above the highest closing level since 2008 as the European Central Bank announced specifics of its bond-buying plan and data boosted optimism in the labor market.
JPMorgan Chase & Co. (JPM) and Bank of America Corp. (BAC) jumped at least 3.4 percent, leading gains in the Dow Jones Industrial Average. Amazon.com Inc. (AMZN) advanced 1.1 percent after a report that the world’s largest online retailer may announce a smartphone. Walgreen Co. (WAG) tumbled 1.6 percent after reporting fiscal fourth-quarter sales that trailed analysts’ estimates.
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August 31st, 2012
The Standard & Poor’s 500 Index (SPX) rose toward its longest monthly gain since March as Federal Reserve Chairman Ben S. Bernanke said he wouldn’t rule out more steps to lower a jobless rate he described as a “grave concern.”
Intel Corp. (INTC) and Alcoa Inc. (AA) added at least 1.4 percent to pace gains among the biggest companies. Corning Inc. (GLW), the world’s largest maker of glass for flat-panel televisions, climbed 4.5 percent after Oppenheimer & Co. raised its recommendation on the shares. U.S. Airways Group Inc. jumped 4.7 percent after signing a confidentiality agreement to review the books of bankrupt takeover target American Airlines.
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August 28th, 2012
S&P 500 Futures – Treasuries rose, sending 10-year yields to a two-week low, while U.S. stocks fluctuated as consumer confidence slid and investors awaited Federal Reserve Chairman Ben S. Bernanke’s speech on the economy in three days.
Ten-year Treasury note yields lost two basis points to 1.63 percent at 10:47 a.m. in New York. The Standard & Poor’s 500 Index added 0.1 percent after falling as much as 0.3 percent, while the Stoxx Europe 600 Index declined 0.6 percent. Copper and zinc fell at least 0.3 percent. Oil advanced while gasoline retreated after yesterday’s rally as Tropical Storm Isaac approached the U.S. Gulf Coast. Spanish and Italian 10-year yields climbed at least nine points.
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August 21st, 2012
S&P 500 Futures – U.S. stocks advanced, sending the Standard & Poor’s 500 Index past the highest closing level in four years, amid speculation euro-area leaders will make progress in resolving the region’s debt crisis.
The S&P 500 gained 0.3 percent to 1,421.87 at 9:31 a.m. in New York. The benchmark gauge for U.S. equities surpassed the four-year closing high of 1,419.04 reached on April 2. The Dow Jones Industrial Average advanced 13.94 points, or 0.1 percent, to 13,285.58.
“Markets are still consolidating and reacting to the fact that European markets were up overnight,” Frederic Dickson, who helps oversee about $32 billion as chief market strategist at D.A. Davidson & Co. in Lake Oswego, Oregon, said in a phone interview. “Spanish debt yields fell a little ahead of the meetings in Europe coming up.”
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August 16th, 2012
S&P 500 Futures – U.S. stocks advanced, sending the Standard & Poor’s 500 Index toward the highest level since April, as building permits jumped in July to a four-year peak.
Cisco Systems Inc. rallied 8 percent on better-than- expected earnings while Sears Holdings Corp. climbed 5.6 percent as its loss narrowed. Facebook Inc. dropped 6.6 percent as 271.1 million of its shares will be allowed to trade. Wal-Mart Stores Inc. fell 3.5 percent after posting second-quarter sales that trailed analysts’ estimates.
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August 13th, 2012
S&P 500 Futures – Most U.S. stocks fell, led by health-care companies and utilities, after the Standard & Poor’s 500 Index posted its longest advance in 20 months last week.
About two stocks fell for each that rose in the Standard & Poor’s 500 Index, which lost 0.1 percent to 1,404.44 at 10:01 a.m. in New York. The benchmark measure on Aug. 10 completed its longest rally since December 2010 amid speculation the Federal Reserve would introduce more stimulus measures. The Dow (INDU) Jones Industrial Average slipped 0.1 percent to 13,187.70 today.
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June 6th, 2012
S&P 500 Futures – U.S. stocks rallied, giving benchmark indexes their biggest gains in 2012, on speculation global policy makers will take steps to stimulate economic growth.
Bank of America Corp. surged 7.6 percent to pace gains among financial shares. Caterpillar Inc. (CAT) and Exxon Mobil Corp. (XOM) increased at least 3.3 percent. Home Depot Inc. (HD), the largest U.S. home-improvement retailer, climbed 3.4 percent after raising its stock repurchase plan by $500 million for fiscal 2012. Facebook Inc. (FB) added 3.6 percent, following a 32 percent decline since the biggest social-networking company went public.
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