Stock Futures Look for Higher Open with Sprint Nextel (S) and Ruby Tuesday (RT) on the move
Posted on October 11, 2012 at 08:33 AM EDT
Stock futures turned higher this morning after reports that Japan's Softbank is in talks to acquire telecom operator Sprint Nextel (S). Cuts by two central banks also helped ease investor worries about growth and after the IMF said Greece should be granted more time to implement austerity and reforms. Central banks in Brazil and South Korea cut rates by a quarter percentage point. On the economic front today, the Commerce Department will release its international trade report before the open. Economists expect the trade deficit to have risen in August to $44 billion from $42 billion in the previous month. In addition, the Labor Department will release weekly initial jobless claims before the o...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here