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Thursday, May 15, 2014

U.S. stock futures: Dow -0.15%. S&P -0.1%. Nasdaq -0.1% - 5/15/14

European shares lower following GDP readings, Asia mixed
  • European stocks are lower after mixed GDP data out of the eurozone, with France and Italy especially disappointing, although Germany maintained its role as the bloc's engine of growth.
  • Asian stocks trade mixed as investors digest earnings and strong but probably temporary Japanese economic growth.
  • Investors are also awaiting U.S. inflation data, which is due out later. Economists expect that CPI rose 0.3% on month in April after increasing 0.2% in March. On year, inflation is seen accelerating to 2% from 1.5%.
  • Japan -0.8%, Hong Kong +0.7%, China -1.1%, India +0.4%.
  • Euro Stoxx 600 -0.1%, London -0.1%, Paris -0.2%, Frankfurt -0.1%, Milan -1.1%, Madrid -0.1%.
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