Stock futures gain on Disney results; consumer data ahead

Puntúa la noticia :

Nota de los usuarios: - (0votos)

• Bolsa, mercados y cotizaciones
• Empresas y finanzas

Share

Tweet

elEconomista.es en Twitter

Follow @eleconomistaes

EcoTablet - ¡Gratis en App Store!

La plataforma más completa de información y servicios económicos para iPad.

• Suscribirse al boletín
• Imprimir
• Enviar
• Aumentar texto
• Reducir texto
• Haga doble click sobre una palabra para ver su signifcado
• Sudoku: Juega cada día a uno nuevo
• El tiempo: Consulta la previsión para tu ciudad

By Angela Moon

NEW YORK (Reuters) - U.S. stock index futures rose on Friday after solid earnings from Walt Disney Co and JC Penney Co Inc, following the first losing day in seven sessions for blue chips.

Disney rose 2.4 percent to $29.75 in premarket after the company reported fourth-quarter profit and revenue that topped Wall Street's estimates.

JC Penney also reported third-quarter earnings that beat expectations, a day after retail giant Wal-Mart Stores Inc posted higher-than-expected quarterly profit. JC Penney shares were up 3.8 percent before the bell at $30.50.

Retailer Abercrombie & Fitch Co also posted a higher-than-expected profit and its stock jumped 4.7 percent to $38.50 in premarket trade.

Stocks were undermined by a rally in the U.S. dollar <.DXY> in the previous session but were set to gain ground Friday. Traders said the currency's broad weakness was likely to continue over the longer term.

"The action of the dollar has been influencing stocks a lot, and with few market moving data, corporate news and trading light volume, the dollar will be what traders look out for," said Peter Boockvar, equity strategist at Miller Tabak & Co in New York.

S&P 500 futures gained 1.8 points and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures rose 11 points, and Nasdaq 100 futures added 3.25 points.

The Reuters/University of Michigan preliminary November Surveys of Consumers, set for release at 9:55 a.m. (1455 GMT], is expected to show consumer sentiment ticking up to a reading of 71.0 from a final October reading of 70.6.

The U.S. Commerce Department is to release September international trade data at 8:30 a.m. (1330 GMT). Economists in a Reuters survey forecast a $31.65 billion deficit, compared with a $30.71 billion deficit in August.

(Editing by Padraic Cassidy)

PUBLICIDAD

- Recibe nuestros análisis Diarios sobre Divisas, Acciones y Opciones. ¡Apúntate ya! ¡Es GRATIS!

- Opere en más de 8.000 CFDs. Infórmese y obtenga su CFD Trading Guide

- Nuevos spreads en materias primas: Oro tan sólo 0,3 puntos, Plata 0,25, Petróleo 0,35

- Opera desde 2,95 € en tiempo real con Self Bank.