2012年5月10日星期四
adjusted earnings that beat expectations
S&P 500 futures rose 0.6 point and were about even with fair value cheap burberry bags, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures fell 17 points, and Nasdaq 100 futures lost 4.25 points.
The Dow has fallen for six straight days, while the S&P rebounded from a two-month low on Wednesday, suggesting investors may use the index's two-day drop of more than 1 percent as a buying opportunity.
Weekly jobless claims, due at 8:30 a.m. EDT (1230 GMT), were seen rising by 4,000 to 369,000. This will be the first gauge of the labor market since last week's payrolls report, which came in sharply below expectations.
In another troubling sign from abroad burberry ties, China's annual growth in imports in April was just 0.3 percent, far below forecasts of an 11 percent increase. Exports managed to grow just 4.9 percent versus expectations of 8.5 percent, data showed.
News Corp (NWSA.O) reported adjusted earnings that beat expectations late Wednesday and announced another $5 billion in stock buybacks.
With 441 of the S&P 500 companies reporting results through Wednesday morning, 66.7 percent exceeded estimates, according to Thomson Reuters data, versus more than 80 percent at the start of purse burberry brown 2012 cheap outlet earnings season.
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