Before the bell: Stock futures lower ahead of a barrage of economic data
Posted by: admin in Real Estate and HousingFiled under: Before the bell, International markets, Deals, Management, Cisco Systems (CSCO), Market matters, Bank of America (BAC), Economic data, Housing, Federal Reserve
U.S. stock futures declined Thursday, ready to kick off the fourth quarter on a lower note ahead of a barrage of economic data as well as continued mergers-and-acquisitions activity. Meanwhile, as the IMF raised its projections, investors also waited to hear a testimony by Federal Reserve Chairman Ben Bernanke.
The global economy is recovering faster than expected, the International Monetary Fund stated Thursday. According to the twice-yearly World Economic Outlook published Thursday, the world is poised to grow by 3.1 percent in 2010, up from the previous estimate of 2.5 percent. But the IMF cautioned governments should be careful to not withdraw their stimulus measures prematurely.
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Before the bell: Stock futures lower ahead of a barrage of economic data originally appeared on BloggingStocks on Thu, 01 Oct 2009 07:45:00 EST. Please see our terms for use of feeds.
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