Futures climb; stocks look to break string of new year losses


S&P 500 (SPY) and DJIA (DIA) futures climb 0.35% and Nasdaq 100 (QQQ) futures gain 0.45% as stocks look to break a 3-day string of declines to start the year.

The Stoxx 50 is ahead 0.9% at midday in Europe, and Asia was little-changed overnight.

The 10-year Treasury yield is flat at 2.96%, as is gold at $1,238 per ounce.

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Comments (6)
  • Bioalchemy
    , contributor
    Comments (175) | Send Message
     
    Seriously I don't trust this, need to see how it works later.
    7 Jan 2014, 08:00 AM Reply Like
  • quabbin
    , contributor
    Comments (127) | Send Message
     
    Why are futures so up so sharply?
    Is this because of Yellen?
    Or projected earnings?
    Or both?
    7 Jan 2014, 08:01 AM Reply Like
  • tomlos
    , contributor
    Comments (1296) | Send Message
     
    My same question.. why are the futures up?
    7 Jan 2014, 08:15 AM Reply Like
  • hneumann
    , contributor
    Comments (630) | Send Message
     
    Unemployment fell sharply in Europe's biggest economy country Germany. Should be good also for industrial stocks like XONE
    7 Jan 2014, 08:18 AM Reply Like
  • optionsexpert
    , contributor
    Comments (482) | Send Message
     
    Probably because GDP was good, we are still doing QE and the market is trending.
    7 Jan 2014, 08:19 AM Reply Like
  • TUXMAN
    , contributor
    Comments (3) | Send Message
     
    the futures are up becos they hve nowhere to go, but up....!
    7 Jan 2014, 08:34 AM Reply Like
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