28 Nov 2014
Wall Street to open on a cautious note
FXStreet (Mumbai) - The action in the US index futures indicates indicates the US stocks may open on a cautious note amid slumping oil prices, weak European equities and no data releases in the US.
At the time of writing, the DJIA December futures traded 0.03% lower at 17,805.50, while the S&P 500 traded 0.17% lower at 2068.65. Meanwhile, the Midcap Russell 2000 December futures and the NASDQ December futures traded 0.03% and 0.25% higher respectively.
Earlier today, the Asian stock markets closed mixed amid sharp decline in the Crude oil prices and a slew of mixed data releases in Japan. Meanwhile, in the Eurozone, the official data showed inflation fell to 0.3 percent in November after accelerating slightly in the previous month, while retail sales in Germany rose a calendar-and-seasonally adjusted 1.9%, beating expectations of 1.5% growth.
US Stocks had ended higher on Wednesday despite a slew of weaker-than-expected data releases. Markets were closed yesterday on account of Thanksgiving day. With most traders away on a extended weekend, the volumes are likely to stay low today.
At the time of writing, the DJIA December futures traded 0.03% lower at 17,805.50, while the S&P 500 traded 0.17% lower at 2068.65. Meanwhile, the Midcap Russell 2000 December futures and the NASDQ December futures traded 0.03% and 0.25% higher respectively.
Earlier today, the Asian stock markets closed mixed amid sharp decline in the Crude oil prices and a slew of mixed data releases in Japan. Meanwhile, in the Eurozone, the official data showed inflation fell to 0.3 percent in November after accelerating slightly in the previous month, while retail sales in Germany rose a calendar-and-seasonally adjusted 1.9%, beating expectations of 1.5% growth.
US Stocks had ended higher on Wednesday despite a slew of weaker-than-expected data releases. Markets were closed yesterday on account of Thanksgiving day. With most traders away on a extended weekend, the volumes are likely to stay low today.