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. Stock Futures Little Changed With S&P 500 at All-Time High
 
U.S. stock-index futures were little changed, after a weekly advance pushed the Standard & Poor’s 500 Index to a record.
E-mini contracts on the S&P 500 expiring next month slipped less than 0.1 percent to 2,118.5 at 10:25 a.m. in London. Dow Jones Industrial Average futures added 12 points to 18,241.
The S&P 500 completed a second week of gains as multinational companies rallied amid a weaker dollar and mixed economic data boosted speculation the Federal Reserve won’t rush to raise interest rates.
“It’s difficult to be too bullish, but it’s also difficult to build a bearish case,” Allan von Mehren, chief analyst at Danske Bank A/S, said by phone from Copenhagen. “This is why stocks seem to be stuck at the moment, although at quite high levels. The macro picture is not that great but it’s not a disaster quite yet. The market has been reading that more positively but this is not sustainable. We need to see some better growth figures.”
The back-to-back weekly advance halts a string of five up-and-down periods for the S&P 500. With a selloff in global bond markets subsiding last week, a measure of U.S. stock volatility posted its longest streak of losses in three weeks and closed near this year’s low.
Home Data
Investors will seek clues on the strength of the economic recovery from housing reports later this week, to gauge the timing of a rate increase. The Fed releases the minutes of its April meeting on May 20.
Fed Bank of Chicago President Charles Evans repeated his call to hold interest rates near zero until early 2016 at a speech in Stockholm on Monday. Evans, who votes on monetary policy this year, said borrowing costs should rise gradually thereafter because inflation is still well below the Fed’s goal.
Urban Outfitters Inc. and Wal-Mart Stores Inc. are among the S&P 500 companies reporting results this week, as the earnings season draws to a close. Most companies on the index have already reported results, with 72 percent beating earnings estimates.
Bed Bath & Beyond Inc. fell 1.8 percent in premarket trading. The retailer jumped the most in almost eight months on Friday after filings showed buyout firm Leonard Green & Partners built a $75 million stake in the company last year.
LinkedIn Corp. advanced 1.1 percent after a filing showed Hillhouse Capital Management bought shares in the company in the first quarter.
Source