11 Feb 2015
US stocks likely to open on a flat note
FXStreet (Mumbai) - The stock markets in the US are likely to see a flat opening after witnessing a rally in the previous session. The major index futures are pointing to see sideways trading in the early session post opening bell.
At the time of writing, the DJIA futures traded 0. 19% lower at 17,759.00 levels, while the S&P futures traded 0.13% lower at 2059.65 levels. Meanwhile, NASDAQ were up 0.03% at 4277.40. Russell futures were down 0.11% at 1198.20 levels respectively. The VIX futures traded 1.48% higher at 18.88 levels.
Stocks to see choppy trading on Greece-led uncertainty
Uncertainty about the outcome of ongoing Greek debt negotiations is likely to curb risk appetite in the markets. Greek Finance Minister Yanis Varoufakis is scheduled to meet with the other Eurozone finance ministers later today. German Finance Minister Wolfgang Schaeuble has stated that today's emergency finance ministers meeting will not result in a new bailout agreement for Greece.
Among stocks, Internet company AOL may come under pressure after reporting weaker than expected revenues, while shares of PepsiCo may move higher after reporting better than expected fourth quarter results.
At the time of writing, the DJIA futures traded 0. 19% lower at 17,759.00 levels, while the S&P futures traded 0.13% lower at 2059.65 levels. Meanwhile, NASDAQ were up 0.03% at 4277.40. Russell futures were down 0.11% at 1198.20 levels respectively. The VIX futures traded 1.48% higher at 18.88 levels.
Stocks to see choppy trading on Greece-led uncertainty
Uncertainty about the outcome of ongoing Greek debt negotiations is likely to curb risk appetite in the markets. Greek Finance Minister Yanis Varoufakis is scheduled to meet with the other Eurozone finance ministers later today. German Finance Minister Wolfgang Schaeuble has stated that today's emergency finance ministers meeting will not result in a new bailout agreement for Greece.
Among stocks, Internet company AOL may come under pressure after reporting weaker than expected revenues, while shares of PepsiCo may move higher after reporting better than expected fourth quarter results.