US stock index futures pointed to a mixed open for Wall Street, with Greece still locked in talks with private creditors over a haircut on some of its bonds and ahead of earnings by market bellwether General Electric.
In the technology sector, Intel, IBM and Microsoft all beat street estimates in afternoon earnings reports Thursday, but Google missed, sending its shares down.
General Electric is due to release earnings at 6:30 am New York time and the conglomerate's report could set the tone for the market.
In Europe, Greece is in talks with private creditors over the details of a haircut on some of its bonds, agreed to a while ago as part of an aid agreement with the European Union and the International Monetary Fund.
General Motors has reclaimed again the top spot as the world's biggest-selling carmaker, dethroning Toyota for the first time since 2007.
Billionaire investor Warren Buffett raised his stake in UK retailer Tesco after the company, which is the third largest retailer in the world, warned on profits last week.
In other news in the technology sector, a German court ruled against Samsung in a patent battle against Apple, part of the legal war the two giants are waging.
And in politics, Republican candidates Newt Gingrich, Mitt Romney and Rick Santorum held a fierce televised debate two days before the South Carolina primary, which could decide the fate of the race.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.