U.S. stock futures rose after investors received some encouraging news about the German economy and awaited a deluge of economic reports from the U.S., including the consumer-price-inflation and retail-sales numbers.
Following all the glowing retail sales reports for Christmas, the actual numbers reported today show a mere .1% rise. Excluding autos which rose 1.5%, retail sales actually declined.
MarketWatch reports U.S. retail sales rise scant 0.1% in December
Sales at U.S. retailers increased 0.1% in December, the government said Thursday, in a report that bucked expectations of stronger sales during the holiday period.
Econ Grapher submits:This week we look at some of the monetary policy decisions that were announced, then review the consumer spending stats in the US before checking in on inflation in the US as well as the UK. We wrap up with a snapshot of the commodities market.1. Monetary Policy Review
[AP] - U.S. stock futures are rising ahead of government reports on consumer prices and factory output. Encouraging economic news, along with Mattel's strong earnings report Friday, might carry markets to their first daily gains this week.
Reuters - Stock index futures pointed to a higher open for U.S. shares on Friday as investors awaited U.S. GDP figures and earnings from companies such as Chevron and Allergan.
Stock futures pointed to a modestly higher open on Wall Street Monday as investors awaited Caterpillar Inc.'s earnings report and forecast for the rest of the year.
(Reuters) - Stock index futures pointed to a slightly higher open for Wall Street on Friday, as investors awaited results from software giant Microsoft and data on home sales.
Reuters - Stock index futures pointed to a slightly higher open for Wall Street on Friday, as investors awaited results from software giant Microsoft and data on home sales.