Markets

Futures Mixed as Wall Street Looks Ahead to GDP, Durable Goods

Dow and Nasdaq futures are trading marginally higher while S&P 500 futures are in the red as Wall Street digests mixed quarterly results from Starbucks ( SBUX ) and Alphabet (GOOG, GOOGL) while also bracing for the first look at fourth quarter gross domestic product and December durable goods orders.

The economy is expected to have grown by an annual rate of 2.2%, down from 3.5% in the third quarter, while durable goods orders are projected to be up 2.6%, partially offsetting a steep 4.6% decline in November.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

SBUX

Other Topics

Stocks

Latest Markets Videos

    MTNewswires

    Founded in 1999, MT Newswires (formerly known as Midnight Trader) is a leading provider of original source, multi-asset class, real-time, global financial news and information to most of the largest banks, brokerage firms and professional market data, trading & research applications in North America.

    Learn More