Before the bell: S&P futures -0.11%, Nasdaq futures +0.17%

Market news

16 May 2013

Before the bell: S&P futures -0.11%, Nasdaq futures +0.17%

U.S. stock futures are mixed as more Americans than projected filed applications for jobless benefits last week and starts of new homes fell in April.

Shares of Wal-Mart Stores Inc. (WMT) fell after the world's largest retailer forecast second-quarter profit that was less than analysts estimated.

Shares of Cisco Systems Inc. surged more then 10% after reporting fiscal third-quarter profit that topped estimates.

Global Stocks:

Nikkei 15,037.24 -58.79 -0.39%

Hang Seng 23,082.68 +38.44 +0.17%

Shanghai Composite 2,251.81 +27.01 +1.21%

FTSE 6,698.66 +5.11 +0.08%

CAC 3,964.77 -17.46 -0.44%

DAX 8,358.08 -4.34 -0.05%

Crude oil $94.74 -0.47%

Gold $1377.50 -1.34%

U.S. Stocks open: Dow 15,270.91 -4.78 -0.03%, Nasdaq 3,475.06 +3.44 +0.10%, S&P 1,656.33 -2.45 -0.15%

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