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US Stock Futures Do Not Point To A Bright Day For Wall Street
Tuesday, January 19, 2010 - 10:26am | 225After a long weekend, the day for futures on the US stock index started weak today, with traders returning to a slew of earnings and merger announcements. While shares of Kraft Foods Inc (NYSE: KFT) slipped 2.77% in pre-market trading after the company’s acquisition offer was accepted by UK candy...
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Oil Futures Get a Boost from Weak US Dollar and Qatar Minister’s Comments
Tuesday, January 19, 2010 - 9:42am | 222After trading lower for six consecutive sessions, crude oil futures reversed direction at the open today as a slightly weaker US dollar lent some support. Traders expect the oil market to take cues from the dollar movements and global equity markets in the next few sessions. New York Mercantile...