Despite Economic Concerns, Index Futures Advance
Despite Economic Concerns, Index Futures Advance

Despite the economic concerns in the Unites States, the U.S. stock index futures advanced more than their opening price on Thursday.

The stock market witnessed the European stocks climbing up. The mining stocks showed the best performance turning major indexes green. Also, Asian stocks experienced increase in their prices, while Chinese stocks witnessed a fall. In premarket trading, the shares of Goldman also edged up.

The survey of activities of 12 regions contained in the beige book conducted by the Federal Reserve didn’t add much to the confidence of the investors on Wednesday, as it brought out that the economy of the country is facing slowdown.

According to Beige Book, "There has been continued growth in national economic activity during the reporting period of mid-July through the end of August, but with widespread signs of a deceleration compared with preceding periods."

The economic projections are quite weak that will be reflected in the weekly jobless claims data, which is to be revealed on the New York time and trade deficit reading that the economists are anticipating to reduce to $47.3 billion for the month from $49.9 billion in the last month.

Also, by the afternoon, the Federal Reserve will have to deliver details of its balance sheet that would give an insight into the lending of the bank.

Latest News

Father Shoots Girl’s Laptop, Posts Video on Youtube
Apple Begins Inspection
Researchers Blame Technological Advancements For Kids’ Poor Sleeping Pattern
The Google Motorola Deal Approved By US and EU
Replace Sugary Drinks with Water to Lose Weight
NASA Scientists Develop New Space Testbed
Scientists Expecting Life at Icy Dark and Cold Regions
Mysteries Behind Milky Way Galaxy To Be Unveiled
Scientific Equation behind the Shape of Ponytail Unveiled
Cooma People Encouraged To Donate Blood
Knox Receives Less Dental Care Funding
Massive Fight in Sydney Club