Seeking Alpha

Stock futures higher following Putin remarks, U.S. economic data

  • Stock indexes are on track for a modestly higher open as Russia's Pres. Putin says he does not want to see a partition of Ukraine even as he signs a treaty to annex Crimea; S&P and Dow +0.3%, Nasdaq +0.2%.
  • Major European markets also surged out of the red after Putin's comments, and most Asian markets finished higher as trade was buoyed by yesterday's strong gains on Wall Street; the Nikkei climbed 0.9% and Hang Seng added 0.5%, each gaining for the first time in five days
  • U.S. data on housing starts topped expectations and retail inflation figures showed a rise in line with forecasts.
  • The Fed next policy setting meeting starts today and concludes tomorrow.
  • Treasurys are little changed, with the benchmark 10-year yield at 2.69%.
Comments (1)
  • phoneranger
    , contributor
    Comments (350) | Send Message
     
    Finally Putin is promising to do (or not do) something we can be assured he'll do (or not do). Whew. Finally a leader we can trust.
    18 Mar 2014, 09:38 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
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