Seeking Alpha

Stock futures edge higher ahead of new home sales data

  • Stock futures show slight gains as investors shrug off some overseas weakness; S&P and Nasdaq +0.1%, Dow flat.
  • European markets slipped, pulling back from a six-year high, as worries over pressure on Ukraine's currency offset upbeat data out of Germany; Asian markets closed mixed.
  • Among earnings, Target +2.5% after edging past Wall Street expectations, and Lowe's +5.5% after reporting strong revenue growth
  • Treasurys sit near their flat lines to start the day; the benchmark 10-year yield is higher by one basis point at 2.71%.
  • Still ahead: new home sales, EIA petroleum inventories.
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