18 Feb 2015
US stocks could open on a jittery note
FXStreet (Mumbai) - Wall Street could see a nervous start to trading following another record closing high by the S&P 500 in the previous session. At the time of writing, the major index futures were trading dead flat.
At the time of writing, the DJIA futures are down 0.11% at 17,981.50, while the S&P 500 futures are down 0.15% at 2093.15 levels. Meanwhile, NASDAQ and Russell futures are up 0.06% and 0.13% at 4379.30 and 1221.20 levels. The VIX futures are up 0.14% at 18.28 levels.
Meanwhile the official data released today in the US showed housing starts fell 2.0%, beating the estimate of 1.7% fall, while building permits fell 0.7% against expectation of a 0.95 rise. However, the previous month’s figure for both the data was revised higher. Traders will also keep an eye on the US Industrial production and PPI data due for release in the couple of hours.
The stock markets had overcome the Greece led uncertainty to end Tuesday's session higher. The latest reports suggest that the Greek government may agree to extend the existing bailout agreement by 6 months. However, caution ahead of the Federal Reserve (Fed) minutes is likely to cap gains in the markets.
At the time of writing, the DJIA futures are down 0.11% at 17,981.50, while the S&P 500 futures are down 0.15% at 2093.15 levels. Meanwhile, NASDAQ and Russell futures are up 0.06% and 0.13% at 4379.30 and 1221.20 levels. The VIX futures are up 0.14% at 18.28 levels.
Meanwhile the official data released today in the US showed housing starts fell 2.0%, beating the estimate of 1.7% fall, while building permits fell 0.7% against expectation of a 0.95 rise. However, the previous month’s figure for both the data was revised higher. Traders will also keep an eye on the US Industrial production and PPI data due for release in the couple of hours.
The stock markets had overcome the Greece led uncertainty to end Tuesday's session higher. The latest reports suggest that the Greek government may agree to extend the existing bailout agreement by 6 months. However, caution ahead of the Federal Reserve (Fed) minutes is likely to cap gains in the markets.