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Friday, March 7, 2014

U.S. stock futures: Dow +0.1%. S&P +0.1%. Nasdaq flat. -3/7/14

Global stocks mixed ahead of U.S. jobs report
  • Asian shares mainly rise, Europe is mostly down and American stock futures are flat-to-higher ahead of the U.S. jobs report, which is due out this morning.
  • Non-farm payrolls are estimated to have risen by 149,000 in February vs 113,000 in January, although soft ADP private-sector jobs data this week may have dampened expectations. Fed policymaker Charles Plosser will take the non-farm reading "with a pinch of salt," because of the severe winter weather.
  • The standoff over Crimea could be affecting sentiment in Europe, especially after what seems to have been a fairly fruitless hour-long conversation between Presidents Obama and Putin.
  • Japan +0.9% to 15274. Hong Kong flat, China -0.1%, India +1.9%.
  • Euro Stoxx 50 -0.5%, London -0.4%, Paris -0.4%, Frankfurt -0.9%, Milan -0.3%, Madrid -0.2%.
  • U.S. stock futures: Dow +0.1%. S&P +0.1%. Nasdaq flat.
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