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U.S. equities, Bernanke, JC Penny, GE, First Service Vialoux
Posted on May 15, 2008
U.S. equity index futures are slightly higher before the opening. Dow Jones Industrial Average futures advanced 24 points. Economic news released this morning had a neutral impact on futures. Consensus for the Empire State Index was 1.0 versus 0.6. Actual was -3.2. Equity markets are waiting for a series of economic news events expected to be released at 9:15 AM and 10:00 AM. In addition, Federal Reserve chairman Ben Bernanke is scheduled to discuss risk management and bank organizations in a speech starting at 9:30 AM EDT. U.S. equity market futures were helped by better than expected fir...
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