|
* Equities have been strong of late. The S&P 500
<.SPX> is up for 12 of the past 14 sessions, and all three major
indexes are coming off five-week streaks of gains. Both the Dow
and S&P closed at records on Monday, and the S&P is up more than
13 percent from a intraday low hit in mid-October.
* Much of the rally has come on bets for more stimulus from
central banks around the world, which is expected to continue
supporting markets, though the swiftness of the gains since
October could spur some profit taking.
* Market moves this week could be amplified by low volume, which
is expected with some market participants out for the
Thanksgiving holiday. The U.S. stock market will be closed on
Thursday and will close early on Friday.
* In company news, Workday Inc <WDAY.N> late Monday forecast
fiscal 2016 revenue below expectations. Nuance Communications
Inc <NUAN.O>, whose voice recognition software runs Siri on
Apple Inc's <AAPL.O> iPhones, late Monday reported revenue
growth of 6.4 percent.
* Yingli Green Energy Holding Co Ltd <YGE.N> reported a
quarterly loss that narrowed from the prior year, while revenue
fell 7.5 percent. Shares fell 1.3 percent to $2.95 in premarket
trading.
* Restaurant shares may be in focus after U.S. government
introduced sweeping new rules that require chain restaurants and
large vending machine operators to disclose calorie counts on
menus to make people more aware of the risks of obesity posed by
fatty, sugary foods.
Futures snapshot at 6:47:
* S&P 500 e-minis were up 1.75 point, or 0.08 percent, with
81,307 contracts changing hands.
* Nasdaq 100 e-minis were up 7.25 points, or 0.17 percent, in
volume of 12,645 contracts.
* Dow e-minis were up 17 points, or 0.1 percent, with 13,604
contracts changing hands.
(Editing by W Simon)
[© 2014 Thomson Reuters. All rights
reserved.] Copyright 2014 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
 |
|
