Futures Rise on Weekly Jobless Claims; Target, Vivus, H-P In Focus

February 24, 2012   |   February 2012 Bond Updates
Futures on the Dow Jones Industrial Average (DJIA) are indicating an opening gain of about 24 points heading into the open, as Wall Street warmly received the latest employment data. Specifically, weekly jobless claims were unchanged in the latest week, while the four-week average of continuing claims fell to its lowest level since March 2008. Following suit, S&P 500 Index (SPX) futures are trading above fair value by about 2.5 points, while Nasdaq Mini futures are hovering more than 7 points above fair value.

View more at: http://www.forbes.com/sites/josephhargett/2012/02/23/futures-rise-on-weekly-jobless-claims-target-vivus-h-p-in-focus/
 
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