Home

 
India Bullion iPhone Application
  Quick Links
Currency Futures Trading

MCX Strategy

Precious Metals Trading

IBCRR

Forex Brokers

Technicals

Precious Metals Trading

Economic Data

Commodity Futures Trading

Fixes

Live Forex Charts

Charts

World Gold Prices

Reports

Forex COMEX India

Contact Us

Chat

Bullion Trading Bullion Converter
 

$ Price :

 
 

Rupee :

 
 

Price in RS :

 
 
Specification
  More Links
Forex NCDEX India

Contracts

Live Gold Prices

Price Quotes

Gold Bullion Trading

Research

Forex MCX India

Partnerships

Gold Commodities

Holidays

Forex Currency Trading

Libor

Indian Currency

Advertisement

 
BLBG: U.S. Index Futures Little Changed Before Yellen; Deere Advances
 
U.S. stock-index futures were little changed, with the Standard & Poor’s 500 Index at a record, before a speech by Federal Reserve Chair Janet Yellen kicks off Memorial Day weekend.
Deere & Co. rose in early New York trading after raising its 2015 profit forecast. Foot Locker Inc. added 3.4 percent after first quarter earnings per share topped the highest analyst estimate.
E-mini futures on the S&P 500 expiring in June added less than 0.1 to 2,128.5 at 7:24 a.m. in New York. Contracts on the Dow Jones Industrial Average increased 13 points to 18,271. Markets are closed Monday for the holiday.
“It’s the same old Goldilocks environment -- the economy is not too robust and not too weak and the Fed is in a good place,” said Patrick Spencer, equities vice-chairman at Robert W. Baird & Co. in London. “For the moment, it’s data dependent and highly unlikely Yellen raises rates any time soon. The right place to be is in the equity market.”
Yellen is due to discuss the outlook for the economy at 1:00 p.m. local time in Providence, Rhode Island. Mixed U.S. economic reports have prompted investors to push back estimates for when the Fed will begin raising rates, helping to drive equities to all-time highs. The S&P 500 is poised for its third weekly gain, the longest streak since February.
A report at 8:30 a.m. in Washington may show the consumer price index rose 0.1 percent last month after a 0.2 percent gain in March, according to a Bloomberg survey.
Source