Futures rebound ahead of Conference Board report

2013-05-17T06:34:07Z 2013-05-17T08:12:58Z Futures rebound ahead of Conference Board reportThe Associated Press The Associated Press
May 17, 2013 6:34 am  • 

U.S. stock futures are rising with markets headed for a positive week overall, as investors shrug off some unsettling reports from retailers this week.

Dow Jones industrial futures are up 40 points to 15,252. S&P futures have added 4.6 points to 1,652.70. Nasdaq futures are up 6 points to 2,004.25.

There is some optimism ahead of the release Friday of the Conference Board's index of leading indicators. The private group's index attempts to gauge what's coming over the next several months.

Markets were unsettled Thursday by poor earnings reports from Wal-Mart, Nordstrom and J.C. Penney.

Weak retail performances left lingering concerns that consumers, a driving force in the U.S. economy, may be pulling back on spending as they absorb higher taxes while facing a slow recovery in the job market.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Follow The Times

Facebook

on Facebook

Twitter

on Twitter

Email

Get email updates from

Email Updates

RSS

Follow via RSS

RSS Feeds

In This Issue

Professionals on the Move Banner

Videos

Tom Sourlis: Northwest Indiana Business and Industry Hall of Fame

Tom Sourlis is one of the Class of 2013 inductees to the Northwest Indiana Business and Industry Hall of Fame.

Danita Johnson Hughes: Northwest Indiana Business and Industry Hall of Fame

Danita Johnson Hughes: Northwest Indiana Business and Industry Hall of Fame

Danita Johnson Hughes is one of the Class of 2013 inductees to the Northwest Indiana Busines…

Latest Local Offers

Bosak Honda Of Michigan City
Lease a 2013 Honda Odyssey starting at $259 for 36 months.

Contact dealer for details. (219) 874-4293  BosakHondaMC.com

Steiner Homes
We love to build distinctively affordable homes in Northwest Indiana.

Our desire is for you to see our beautiful new homes with floo…

Kevin's Automotive W/ U-HAUL
Call Kevin’s Automotive for UHAUL rental and towing

We provide U-Haul rentals along with automotive services including:

Featured Businesses

Newsletter Sign-Up