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Stock futures steady mostly on high levels (Reuters) (27-01-2012) |
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NEW YORK – Stock futures steadied on Wall Street on Friday with futures for the S&P 500 up 0.02 percent, Dow Jones futures up 0.05 percent and Nasdaq 100 futures up 0.2 percent. The yield on the benchmark U.S. Treasury note steadied in Asia on Friday, while the yield on five-year paper was slightly above a multi-decade low as investors awaited U.S. data later in the session that is likely to show the economy has picked up. Juniper Networks and Riverbed Technologies disappointed investors with gloomy first quarter outlooks that were below expectations, raising fears that demand for companies that help manage Internet traffic may be weak for some time. Delphi Automotive PLC reported a nearly four-fold increase in fourth-quarter earnings on stronger sales of vehicle electronics and engine systems in its first results since returning as a public company. Sallie Mae the largest U.S. student lender, raised its quarterly dividend and said its board authorized a $500 million share buyback program. Source: Reuters |
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