5 Things You Should Know Before the Stock Market Opens
By Joseph Woelfel - 06/15/12 - 6:03 AM EDTTheStreet) -- U.S. stock index futures were pointing to a higher open for Wall Street Friday after a report said central banks of the world's biggest economies are preparing a coordinated response to provide further monetary stimulus measures if the outcome of Greece's weekend election spooks the markets. European shares gained and Asian stocks finished mostly higher. The Nikkei 225 index in Japan was essentially unchanged at 8,569.32, but Hong Kong's Hang Seng jumped 2.3% to close at 19,233.94. U.S. stocks on Thursday finished higher. The Dow Jones Industrial Average jumped more than 155 points, or 1.2%, to close at 12,652, returning to positive territory for the week.
The economic calendar in the U.S. on Friday features the Empire manufacturing index for June at 8:30 a.m. EDT; industrial production and capacity utilization for May at 9:15 a.m., and the preliminary reading of the University of Michigan consumer sentiment survey for June at 9:55 a.m.
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-- Written by Joseph Woelfel >To contact the writer of this article, click here: Joseph Woelfel >To submit a news tip, send an email to: firstname.lastname@example.org.
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