• Before the bell: S&P futures +0.44%, Nasdaq futures +0.25%

Market news

18 May 2012

Before the bell: S&P futures +0.44%, Nasdaq futures +0.25%

 

U.S. stock futures advanced as better-than-estimated corporate profits tempered concern about a worsening of Europe’s debt crisis.

Facebook Inc. (FB) is set to start trading today after a record initial public offering that made the social network more costly than almost every company in the S&P 500.

Global Stocks:

Nikkei  8,611.31 -265.28 -2.99%

Hang Seng 18,951.85 -249.08 -1.30%

Shanghai Composite 2,344.52 -34.37 -1.44%

Closed 725.54 -21.62 -2.89%

FTSE  5,294.78 -43.60 -0.82%

CAC  3,008.05 -3.94 -0.13%

DAX 6,307.45 -1.51 -0.02%

Crude oil $92.24 (-0.35%).

Gold $1587.70 (+0.82%).

 

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