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US Stock Futures Flat; ISM Data In Focus

ByBenzinga
AuthorBenzinga
Published 04/02/2012, 08:51 AM
Updated 05/14/2017, 06:45 AM

US stock futures are mostly flat this morning, as investors are awaiting ISM manufacturing data. Futures for the Dow Jones Industrial Average dropped 1 point to 13,141.00 and S&P 500 index futures rose 0.90 points to 1,404.10. Nasdaq 100 futures gained 1.75 points to 2,752.50.

US stocks closed mostly higher on Friday, with the Dow Jones Industrial Average rising 0.50% to 13,212.04, the S&P 500 index rising 0.37% to 1,408.47 and the Nasdaq 100 index declining 0.12% to 3,091.57.

Groupon Inc. (NASDAQ: GRPN) revised down its FQ4 revenue and profit. It revised its FQ4 net loss to $65.4 million on revenue of $492.2 million.

Analog Devices Inc (NYSE: ADI) reported that it has acquired Multigig Inc. The terms of the deal were not disclosed.

Vanguard Natural Resources LLC (NYSE: VNR) and its subsidiary VNR Finance Corp announced the upsized pricing of a public offering of $350 million of senior unsecured notes at a public offering price of 99.274%.

European markets were mixed today. The STOXX Europe 600 Index dropped 0.03%, London's FTSE 100 Index moved up 0.46%, French CAC 40 index fell 0.22% and German DAX 30 index gained 0.25%.

Asian markets ended mostly higher, with Japan's Nikkei Stock Average rising 0.26% and Australia's S&P/ASX 200 moving down 0.08%. Hong Kong's Hang Seng index fell 0.16% and India's Sensex gained 0.50%.

Crude-oil for May delivery dropped $0.33 to $102.54 a barrel. However, gold for April delivery declined $3.50 to $1,665.80 an ounce.

The ICE dollar index (DXY) dropped 0.10% to 78.87, down from 78.973 in late North American trade on Friday.

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