Stock futures mixed after conflicting data, earnings reports

Stock futures indicate a flat opening amid mixed earnings report and conflicting economic data; S&P flat, Dow -0.1%, Nasdaq +0.2%.

Initial claims for jobless benefits in the latest week rose by 14K to 344K vs. expectations of a decline, while March consumer spending posted the largest increase since Aug. 2009 and exceeding forecasts.

Most global markets were closed for May Day; Japan's Nikkei was an exception, rallying 1.3% on strong earnings results.

Treasuries display slim losses, with the benchmark 10-year yield up a basis point at 2.66%.

Still ahead: PMI manufacturing, ISM manufacturing, construction spending, EIA natural gas inventory.

Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs