* Worries about the shooting down of a Russian warplane by Turkey,
which weighed on stocks on Tuesday, seem to have abated, with
traders looking forward to Thursday's Thanksgiving holiday.
* Global stocks rose, as did the dollar, after Reuters reported that
European Central Bank officials are considering further monetary
policy easing.
* U.S. indexes closed higher on Tuesday, after a weaker start, as
energy stocks rose along with crude oil.
* Crude oil resumed its slide on Wednesday as investors turned their
focus back to a global supply glut. [O/R]
* Investors, and the Fed, will get further insight into the state of
the U.S. economy at 8.30 a.m. ET (1330 GMT) when data on weekly
jobless claims, durable goods orders for October and consumer
spending for the same month are released.
* The University of Michigan's final index on consumer sentiment for
November is due at 10.00 a.m., as is a report on single-family home
sales for October.
* The Fed holds its last policy meeting of the year on Dec. 15-16,
when it will decide whether to raise interest rates for the first
time since 2006.
* Shares of biotechnology company Baxalta were up 3.3 percent at
$36.85 in premarket trading after Reuters reported that British
drugmaker Shire was preparing a new takeover offer. Baxalta rejected
an earlier unsolicited $30 billion offer.
[to top of second column] |
* HP Inc, the new company that houses the former Hewlett-Packard
Co's printer and PC businesses, slipped 7.8 percent to $13.50 after
it forecast an adjusted profit for the first quarter that fell short
of estimates.
Futures snapshot at 7:12 a.m. ET:
* Dow e-minis were up 43 points, or 0.24 percent, with 14,221
contracts changing hands.
* S&P 500 e-minis were up 4.5 points, or 0.22 percent, with 93,146
contracts traded.
* Nasdaq 100 e-minis were up 9.75 points, or 0.21 percent, on volume
of 13,974 contracts.
(Reporting by Abhiram Nandakumar in Bengaluru; Editing by Ted Kerr)
[© 2015 Thomson Reuters. All rights
reserved.] Copyright 2015 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
|