Futures rebound ahead of Conference Board report

2013-05-17T04:34:07Z 2013-05-18T19:06:22Z Futures rebound ahead of Conference Board reportThe Associated Press The Associated Press
May 17, 2013 4:34 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 This material may not be published, broadcast, rewritten or redistributed.

Featured businesses

View more...

Deals, offers & events

View more...
Arizona ATV Adventure Tours

Family Visiting? Take an Adventure Tour!

Rated one of the “Top 50 Things To Do in Arizona!” by Arizona …

Arid Lands Greenhouses

We're planting seeds and establishing cuttings; see What's New at Arid Lands Greenhouses!

Arid Lands Greenhouses sells succulents and cacti to novice an…

Arapahoe Tree Surgeons

Arapahoe Tree Surgeons Does Storm Damage And Emergency Clean-up

We handle storm damage work, and also do emergency clean-up, a…

American Conditioned Air

Maintain your manufacturer’s warranty with our Year-Round Service Agreement

American Conditioned Air is a full service Residential and Com…

StarNet newsletters

Sign up for StarNet e-mail newsletters