Market news
21.09.2011, 13:37

Before the bell: US stock futures little changed before Fed

 

Before the opening of the market S & P futures rose (+0.06%) and reached 1196.70, NASDAQ futures lost 0.03% to reach 2295.75 points and the futures Dow fell (-0.25%) and reached 11307.00.

Stocks fell yesterday as concern that Greece wasn’t closer to receiving more financial aid offset speculation the Fed will act to stimulate growth.

Caterpillar Inc. and Citigroup Inc. paced declines among companies most-dependent on economic growth. Oracle Corp. (ORCL) climbed 4.3 percent after the software maker reported profit that topped analysts’ estimates. Adobe Systems Inc. (ADBE), the largest maker of graphic-design software, jumped 7 percent after its sales forecast exceeded projections.

The October WTI oil contract traded at $ 86.26 per barrel (-0.76%).

Prior to the regular session price of gold fell to $ 1803.40 per troy ounce (-0.32%).

 

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