Before the bell: S&P futures +0.15%, Nasdaq futures +0.23%

Market news

12 April 2012

Before the bell: S&P futures +0.15%, Nasdaq futures +0.23%

U.S. stock futures trimmed gains after government data showed that initial jobless claims unexpectedly increased last week.

Equity futures trimmed gains as jobless claims increased 13,000 in the week ended April 7 to 380,000, the highest since Jan. 28. The median forecast called for 355,000 claims.

Global Stocks:

Nikkei 9,524.79 +66.05 +0.70%

Hang Seng 20,327.32 +186.65 +0.93%

Shanghai Composite 2,350.86 +41.94 +1.82%

FTSE 5,620.18 -14.56 -0.26%

CAC 3,222.16 -15.53 -0.48%

DAX 6,667.43 -7.30 -0.11%

Crude oil: $102.80 (+0.10%).

Gold: $1655.70 (-0,28%).

US Stocks open: Dow 12,824.01 +18.62 +0.15%, Nasdaq 3,021.69 +5.23 +0.17%, S&P 1,370.32 +1.61 +0.17%

AT&T (T) was upgraded to Overweight from Neutral at JPMorgan. Shares of T +0.85% to $30.71 premarket.

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