Market news
01.08.2011, 13:28

Before the bell: U.S. stock futures rose

U.S. stock futures rose, indicating the Standard & Poor’s 500 Index may rebound from its worst weekly loss in a year, as President Barack Obama announced a deal to increase the federal debt limit and avoid a default.
Bank of America Corp. (BAC) and Citigroup Inc. (C) paced a rally in financial shares, rising at least 2 percent. 
Exxon Mobil Corp. (XOM) and Chevron Corp. (CVX) gained more than 1.5 percent as oil advanced from a two-week low. 
Humana Inc. (HUM) climbed 5.4 percent after the managed health- care company forecast higher-than-estimated earnings.
A report today may show that manufacturing probably grew in July at about the same pace as a month earlier, showing sales overseas are helping shield U.S. factories from a slowdown in consumer spending. The Institute for Supply Management’s manufacturing index fell to 54.5 last month compared with 55.3 in June, according to the median estimate of economists. 

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location