- Before the bell: S&P futures +0.4%, Nasdaq futures +0.3%
Market news
23 December 2011
Before the bell: S&P futures +0.4%, Nasdaq futures +0.3%
U.S stock futures rose as expansion in U.S. industrial purchases offset weaker- than-forecast consumer spending.
Consumer spending rose 0.1% in November, compared with the median estimate in a survey of economists of a 0.3% advance. Incomes also grew 0.1%, the weakest in three months, after a 0.4% rise in October.
Orders for U.S. durable goods rose in November by 3.8%, the most in four months, data from the Commerce Department showed today in Washington. An increase in demand for aircraft outweighed declines in spending on computers and equipment. Economists had predicted a 2.2% rise.
Consumer spending rose 0.1% in November, compared with the median estimate in a survey of economists of a 0.3% advance. Incomes also grew 0.1%, the weakest in three months, after a 0.4% rise in October.
Orders for U.S. durable goods rose in November by 3.8%, the most in four months, data from the Commerce Department showed today in Washington. An increase in demand for aircraft outweighed declines in spending on computers and equipment. Economists had predicted a 2.2% rise.
World markets:
Hang Seng 18,629 +250.94 +1.37%
Shanghai Composite 2,205 +18.49 +0.85%
FTSE 5,513 +55.73 +1.02%
CAC 3,095 +23.10 +0.75%
DAX 5,858 +5.98 +0.10%
Crude oil: $100.00 (+0,5%).
Gold: $1608,30 (-0,1%).
Hang Seng 18,629 +250.94 +1.37%
Shanghai Composite 2,205 +18.49 +0.85%
FTSE 5,513 +55.73 +1.02%
CAC 3,095 +23.10 +0.75%
DAX 5,858 +5.98 +0.10%
Crude oil: $100.00 (+0,5%).
Gold: $1608,30 (-0,1%).
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page