Stocks Futures Point Higher; Cisco Systems, Staples Rising
Posted on November 14, 2012 at 09:31 AM EST
Stocks futures pointed higher, but trimmed early gains after October retail sales dipped more than expected. Dow futures were up 40 points, down from a 60 point gain in earlier trading. Nasdaq futures advanced 12.25 points and S&P 500 futures traded 5.1 points higher. Retail sales slumped 0.3% in October, down from an upwardly revised 1.3% gain in September and the first decline since June. Analysts had forecast a 0.1% slip. Without automobiles,