Do you want to know how the Stock Market Futures now? All Market Futures are showing a higher open for Pre market but who knows if it will Higher Stock Future November 21, 2011 Also check out my Top 2011 Stock Gainers, Stocks to Buy 2011.You can also check previous stocks to buy reports- Right Here today. Hot stocks Today Right Here.Market Technical analysis Right Here
Stock Market Futures - 11/21/2011 -Updated 5.00 AM EST
I will keep updating ....
S & P 500 Futures 19.50
NASDAQ Composite Index Futures 25
Dow Jones Industrial Average Futures 156
Oil Futures 95.91
European stock markets slumped Monday, hit by the combined fears over ongoing euro-zone debt worries and a rift between members of the U.S super committee.
The Stoxx Europe 600 Index was recently 2.3% lower at 226.86. London's FTSE 100 was 2.1% lower at 5249.44, Frankfurt's DAX was down 2.8% at 5636.34 and Paris's CAC-40 fell 2.4% to 2923.43. Italy's FTSE MIB was 2.9% lower at 14794.34, while Spain's IBEX 35 lost 1.4% to 8194.7.
"Dangerously high [peripheral] bond yields still need to be turned around before Europe can take a breath," said Jonathan Bristow, broker at Valbury Capital. At 0852 GMT, the yield on the 10-year Spanish government bond was at 6.53%, while the yield on the 10-year Italian government bond stood at 6.71%.
There are extremely dangerous times ahead with both Spain and Italy battling to lower their borrowing costs to sustainable levels, said Jordan Lambert, a trader with Spreadex. "Germany and France need to hurry up and agree on the full responsibilities of the European Central Bank and manifest how the European Financial Stability Facility is to be funded, as further delays here will just add to market anxiety," said Mr. Lambert.
Over the weekend, the European debt crisis claimed its fifth government, as Spain's right opposition Popular Party won the general election with absolute majority in the lower house. Although the victory of the Popular Party will likely provide more political stability and help the new government to implement its austerity measures, traders said the news has failed to provide any real cheer as the verdict was broadly expected.
For the day ahead, attention will be on economic data for fresh direction. In the euro zone, current-account data is due 0900 GMT (0400 ET), while in the U.S., existing home sales data is set to be published at 1500 GMT.
In foreign-exchange markets, the euro fell against the dollar, weighed by the downbeat tone in equity markets. The common currency was recently at $1.3453 from $1.3522 late Friday in New York, and the dollar was at ¥76.78, from ¥76.95.
In other assets, spot gold was at $1,719.10 a troy ounce, down $6 from its New York settlement on Friday. January Nymex crude oil futures were down $1.45 at $96.22 a barrel, while January Brent oil futures were $0.38 lower at $107.18. The December bund contract was opened up 108 ticks at 137.58.
The Stoxx Europe 600 Index was recently 2.3% lower at 226.86. London's FTSE 100 was 2.1% lower at 5249.44, Frankfurt's DAX was down 2.8% at 5636.34 and Paris's CAC-40 fell 2.4% to 2923.43. Italy's FTSE MIB was 2.9% lower at 14794.34, while Spain's IBEX 35 lost 1.4% to 8194.7.
"Dangerously high [peripheral] bond yields still need to be turned around before Europe can take a breath," said Jonathan Bristow, broker at Valbury Capital. At 0852 GMT, the yield on the 10-year Spanish government bond was at 6.53%, while the yield on the 10-year Italian government bond stood at 6.71%.
There are extremely dangerous times ahead with both Spain and Italy battling to lower their borrowing costs to sustainable levels, said Jordan Lambert, a trader with Spreadex. "Germany and France need to hurry up and agree on the full responsibilities of the European Central Bank and manifest how the European Financial Stability Facility is to be funded, as further delays here will just add to market anxiety," said Mr. Lambert.
Over the weekend, the European debt crisis claimed its fifth government, as Spain's right opposition Popular Party won the general election with absolute majority in the lower house. Although the victory of the Popular Party will likely provide more political stability and help the new government to implement its austerity measures, traders said the news has failed to provide any real cheer as the verdict was broadly expected.
For the day ahead, attention will be on economic data for fresh direction. In the euro zone, current-account data is due 0900 GMT (0400 ET), while in the U.S., existing home sales data is set to be published at 1500 GMT.
In foreign-exchange markets, the euro fell against the dollar, weighed by the downbeat tone in equity markets. The common currency was recently at $1.3453 from $1.3522 late Friday in New York, and the dollar was at ¥76.78, from ¥76.95.
In other assets, spot gold was at $1,719.10 a troy ounce, down $6 from its New York settlement on Friday. January Nymex crude oil futures were down $1.45 at $96.22 a barrel, while January Brent oil futures were $0.38 lower at $107.18. The December bund contract was opened up 108 ticks at 137.58.
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