Stock index futures fell on Thursday before U.S. data that could shed light on the impact of rising commodity prices and as concerns grew over Chinese inflation.
US stocks ended slightly higher on Wednesday after President Barack Obama detailed his plans for cutting the deficit and the Federal Reserve reported encouraging news on the economy.
Lehman Brothers Holdings Inc on Wednesday agreed to put creditors' competing restructuring plans on the same timeline for court approval as its own plan, but reserved the right to raise future objections.
JPMorgan Chase & Co said its total outstanding loans shrank for the fourth consecutive quarter, raising questions about the banking industry's ability to boost profit in coming years.
JPMorgan Chase & Co reported tepid corporate loan growth in the first quarter, raising questions about the banking industry's ability to boost profit in coming years.
U.S. stocks ended lower on Tuesday as Alcoa sales missed estimates and energy stocks declined as oil prices plunged more than 3 percent. Futures on major U.S. stock indices point to higher opening on Wednesday ahead of economic data including retail sales.
Investors retreated from stocks, oil and other risky assets as a worsening nuclear situation in Japan and a lackluster start to the U.S.'s corporate earnings season cast doubt over the global economic recovery. The Dow Jones Industrial Average dropped 117.53 points, or 0.95%, to 12263.58, while the Standard & Poor's 500-stock index lost 10.30 points, or 0.78%, at 1314.16, and the Nasdaq Composite fell 26.72 points, or 0.96%, to 2744.79.
U.S. stocks ended lower on Tuesday as Alcoa sales missed estimates and energy stocks declined as oil prices plunged more than 2 percent.
Asian shares fell Tuesday on selling prompted by Japan declaring its nuclear crisis a match for the Chernobyl disaster in severity and after the International Monetary Fund said global economic growth should slow this year as new risks emerge.
U.S. stock underwriting was the sole strong business in an otherwise bleak first quarter for U.S. investment banks.
Wholesale Gold Bars slipped to a 3-session low in London trade on Tuesday, finally bouncing higher from $1455 per ounce - some 1.5% below yesterday's new Dollar high - as world stock markets fell and major-economy government bonds rose.
U.S. stocks declined in early trade on Tuesday as disappointing first quarter sales from Alcoa and renewed concerns about Japan's nuclear crisis weighed on the sentiment.
The companies whose shares are moving in pre-market trade on Tuesday are: Exelixis, KIT digital, Carnival, Monster Worldwide, Alcoa, Visa, Ford Motor, Oracle Corp, Medtronic and Micron Technology.
The top after-market NASDAQ Stock Market gainers are: Exelixis, KIT digital, Tibco Software, Layne Christensen, and Schnitzer Steel Industries. The top after-market NASDAQ Stock Market losers are: Micrel, Extreme Networks, TranS1, Lionbridge Technologies, and NPS Pharmaceuticals.
Brent and U.S. crude fell more than $1.50 a barrel on Tuesday in on concerns demand may wane on high fuel prices and after Goldman Sachs advised investors to lock-in trading profits before oil and other commodity markets reverse.
Long-term commodity bull Goldman Sachs warned clients on Monday to lock-in trading profits before oil and other markets reverse, with the bank's estimates suggesting speculators are boosting crude prices as much as $27 a barrel.
Raj Rajaratnam demanded discipline at his Galleon hedge fund, challenged his analysts at standing-room only morning meetings, and never asked any company for inside information, one of his former top lieutenants testified.
Level 3 Communications said it agreed to acquire Global Crossing for about $1.9 billion stock deal to boost its service portfolio.
The companies whose shares are moving in pre-market trade on Monday are: Tyco International, Symantec, Cliffs Natural Resources, Apollo Group, Halliburton, Monsanto, Alcoa, Dr Pepper Snapple Group and PPL Corp.
The companies whose shares are moving in pre-market trade on Friday are: Weyerhaeuser, Nabors Industries, Pier 1 Imports, Qualcomm, Helmerich & Payne, Freeport-McMoRan Copper, Netflix, Bally Technologies and Costco Wholesale Corp.
U.S. stocks posted modest losses Thursday after another major earthquake rattled Japan's northeastern coast, but retailers climbed following surprisingly strong March sales.
After piloting the No. 2 U.S. bank through the financial crisis relatively unscathed, JPMorgan Chase & Co Chief Executive Officer Jamie Dimon is now being extremely well rewarded.
