Showing posts with label pointing. Show all posts
Showing posts with label pointing. Show all posts

Tuesday, May 10, 2011

Future actions pointing to the third consecutive day of gains

NEW YORK - Stock futures are pointing to a third straight day of gains.

It follows the advances on European markets, which are rising on hopes that the Greece will get other rescue plan to help its debt problems.

A strong reports earnings us, like many mergers and acquisitions, propelled stocks in recent months.

Video game publisher Activision Blizzard Inc. said after the market closed Monday that its first-quarter net income increased more than analysts anticipated. Microsoft Inc., at the same time, is almost a deal to buy the Internet Skype telephone service, according to the Wall Street Journal.

Before the opening, the Dow Jones industrial average future are up to 45 points, or 0.4%, to 12,676. S & P 500 futures are rising 5.50 or 0.4%, to 1,348.20. NASDAQ 100 futures are up 12.75 or 0.5%, to 2,399.25.