Saturday, July 26, 2014

Futures mixed after US default averted

October 17. 2013 8:36AM
Associated Press

Story Tools
PrintPrint | E-MailEMail | SaveSave | Hear Generate QR Code QR
Send to Kindle

(AP) Stock futures are mixed after huge rally that followed an eleventh-hour deal to avert a default on U.S. debt.

Dow Jones industrial futures are down 33 points to 15,216. S&P futures have lost 1.9 points to 1,711.30. Nasdaq futures are up a half point to 3,264.50.

The deal reached in Congress Wednesday only allows the Treasury to borrow money through Feb. 7.

The Labor Department is expected to issue a weekly unemployment benefits report Thursday.

Economists forecast that applications fell sharply last week to a seasonally adjusted 342,000, according to a survey by FactSet. That would be down from 374,000 the previous week.

It's also a big day for corporate earnings, with UnitedHealth, Goldman Sachs, Verizon, Chipotle and Google reporting.

Associated Press

comments powered by Disqus Commenting Guidelines
Mortgage Minute

Search for New & Used Cars

Used New All

Search Times Leader Classifieds to find just the home you want!

Search Times Leader Classifieds to find just what you need!

Search Pet Classifieds
Dogs Cats Other Animals

Social Media/RSS
Times Leader on Twitter
Times Leader on Youtube
Times Leader on Google+
The Times Leader on Tumblr
The Times Leader on Pinterest
Times Leader RSS Feeds