Investing

Morning Wire — US Stock-Index Futures Lower

US index futures are lower this morning as talks between Greece and its bondholders continue for a third day. Bloomberg News cites a Greek newspaper as saying that a voluntary swap of Greek bonds has been agreed to, but there…

By Paul Ausick
Published January 20, 2012, 8:37am ET · 1 min read

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Invalid Image
US index futures are lower this morning as talks between Greece and its bondholders continue for a third day. Bloomberg News cites a Greek newspaper as saying that a voluntary swap of Greek bonds has been agreed to, but there is no official word yet. European markets are lower this morning, but Asian markets are up following decent earnings reports in the US. The latest PMI number out of China is also higher, which is also boosting Asian equities.

At about 8:30 a.m. ET, Germany’s DAX is down -0.18% at 6,404.82 and France’s CAC 40 is down -0.52%, at 3,311.59. In London, the FTSE 100 is down -0.07%, at 5,737.27.

In Asia, Hong Kong’s Hang Seng closed up 0.84%, at 20,110.40. The Nikkei index closed up 1.47%, at 8,766.36, and the Shanghai index closed up 1%, at 2,319.12.

Dow futures are down -0.12%, at 12,572.00. The Nasdaq 100 is up 0.05%, at 2,426.5 and the S&P is down -0.26%, at 1,307.00.

In the currency markets, the US dollar is stronger against the euro, the British pound, and the Japanese yen. The US dollar index is up 0.358% at 80.343.

In commodities, WTI and Brent crude are lower this morning, with WTI down -0.49% at $99.90/barrel and Brent down -0.23% at $111.292/barrel. Gold is down -0.47% this morning, at $1,646.80/ounce.

Paul Ausick

Contact [email protected] for any questions or corrections.

1INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE

Brokerage and Active investing products offered through SoFi Securities LLC, member FINRA(www.finra.org)/SIPC(www.sipc.org).2The probability of a member receiving $3,000 is 0.028%. If you don’t make a selection in 45 days, you’ll no longer qualify for the promo. Members must fund their account with a minimum of $50.00 to qualify. The probability percentage is subject to decrease. Members are only eligible for the Stock Award promotion upon opening their first brokerage account; subsequent cash brokerage accounts are ineligible for the promo, including for members with multiple accounts.

3Other fees, such as exchange fees, may apply. Please view our fee disclosure to view a full listing of fees.

4There are limitations with fractional shares to consider before investing. During market hours fractional share orders are transmitted immediately in the order received. There may be system delays from receipt of your order until execution and market conditions may adversely impact execution prices. Outside of market hours orders are received on a not held basis and will be aggregated for each security then executed in the morning trade window of the next business day at market open. Share will be delivered at an average price received for executing the securities through a single batched order. Fractional shares may not be transferred to another firm. Fractional shares will be sold when a transfer or closure request is initiated. Please consider that selling securities is a taxable event.
Paul Ausick

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

All articles →