Market news
04.04.2011, 13:15

Before the bell:

U.S. stock futures edged higher Monday, as investors continue to bask in upbeat sentiment following a better-than-expected jobs report.


On Friday, U.S. stocks started the first day of the second quarter with modest gains, helped by the government's stronger-than-expected jobs report.
Economy: No market-moving economic reports are on the agenda Monday, but investors will keep a close eye on comments from Federal Reserve Chairman Ben Bernanke in the evening.
Investors will also listen for comments from Atlanta Fed President Dennis Lockhart and Chicago Fed President Charles Evans, who are speaking throughout the day.
Companies: General Electric (GE) shares rose in pre-market trading Monday, after a Barron's article -- citing a Citigroup analyst -- noted that GE may not be liable for financial damage in Japan's nuclear crisis.
Southwest Airlines (LUV) shares fell nearly 5%. The Texas-based airline canceled about 600 flights over the weekend, after a hole opened on top of a Boeing 737 mid-flight Friday. Southwest expects to cancel another 100 flights on Monday to accommodate aircraft inspections.
World markets:
Crude oil for May delivery gained 31 cents to $108.25 a barrel.
Gold futures for June delivery rose $9.10 to $1,438 an ounce.
The price on the benchmark 10-year U.S. Treasury fell, pushing the yield up to 3.47% from 3.45% late Friday.

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