LDN - Business

Sponsored by: Investment Center & Richardson Repair

Something new in your business? Click here to submit your business press release

U.S. stocks move toward flat open Send a link to a friend

[March 19, 2010] NEW YORK (AP) -- U.S. stocks headed for a largely flat open Monday following back-to-back sessions last week that brought fresh records for several major market indexes.

While confidence in last week's advance appeared to hold through the weekend, Wall Street likely wouldn't be surprised if some investors were inclined to take some money off the table following the sharp gains.

Chamber Corner
Main Street News
Job Hunt | Classifieds

Calendar | Illinois Lottery Tech News Elsewhere (fresh daily from the Web)

Business News Elsewhere (fresh daily from the Web)

The run-up came ahead of a flurry of quarterly results -- 11 of the 30 companies that make up the Dow Jones industrials are due to report this week
-- and in advance of key readings on inflation.

Forecasts from companies should help indicate whether they can continue to put up solid profit growth as pricing pressures fluctuate, in part because of forces such as rising oil prices.

Dow Jones industrial futures expiring in September fell 3, or 0.03 percent, to 13,970, while Standard & Poor's 500 index futures rose 0.80, or 0.05 percent, to 1,560.90. Nasdaq 100 index futures advanced 0.25, or 0.01 percent, to 2,047.00.

The dollar was mixed against other major currencies, while gold prices fell.

Light, sweet crude futures rose 2 cents to $79.95 in premarket electronic trading on the New York Mercantile Exchange.

[to top of second column]

In Asia, Japan's Nikkei stock average finished flat. Hong Kong's Hang Seng index fell 0.63 percent, while the often-volatile Shanghai Composite Exchange fell 2.36 percent.

In afternoon trading, Britain's FTSE 100 fell 0.08 percent, Germany's DAX index rose 0.14 percent, and France's CAC-40 fell 0.06 percent.

___

On the Net:

New York Stock Exchange:
http://www.nyse.com

NASDAQ Stock Market:
http://www.nasdaq.com

[Associated Press; by Tim Paradis]

< Recent articles

Back to top