Futures up but global indexes are mixed
Evan McDaniel | email@example.com
S&P 500 futures are higher by 2.50 points, or 0.18 percent, to 1406 at the time of this writing. Nasdaq 100 futures are up 4.50 points, or 0.16 percent, to 2743.
European indexes are mixed, with the German DAX gaining 0.13 percent but the U.K. FTSE 100 off 0.13 percent. Spain earlier agreed to receive an emergency injection of capital, avoiding European Central Bank restrictions against bank borrowing.
Despite the developments in Spain, the euro/dollar remains in negative territory by 0.04 percent to 1.2288. The U.S. Dollar Index is higher by 0.1 percent to 82.79 but well off its 82.96 high.
Asian indexes closed mixed after Chinese Premier Wen Jiabao hinted at more stimulus. Hong Kong's Hang Seng fell 0.45 percent, but Japan's Nikkei 225 rose 1.88 percent.
Commodity markets are mixed to unchanged, with front-month crude contracts higher by 0.07 percent to 94.39. Spot gold is higher by 0.04 percent to 1607.20, while copper futures are down 0.09 percent to 3.3465.
In stock-specific news, Wal-Mart is down more than 3 percent to $71.97 after missing revenue estimates this morning.
Cisco is up 6 percent to $18.379 after beating earnings and revenue forecasts after the close yesterday.
Facebook is lower by about 2 percent to $20.80 before a lock-up period ends today for some 271 million shares held by insiders.