Stocks look for fifth gain in six days

|By:, SA News Editor

Stock futures point to a firm open as the major averages look for their fifth gain in six days; S&P +0.2%, Dow and Nasdaq +0.3%.

Major European indexes hold solid gains as Russian armored personnel carriers cross the border into Ukraine, and Asia finished the week on an upbeat note.

Retail remains in focus, with J.C. Penney indicated to open +2.5% after beating bottom-line estimates and Nordstrom -3.5% premarket in reaction to its disappointing report.

Monster Beverage +30% on Coca-Cola’s (+1.3%) move to acquire a 17% ownership stake as part of a long-term partnership deal.

Treasuries hold modest gains, with the benchmark 10-year yield down one basis point at 2.39%.

Still ahead: consumer sentiment.