17 Feb 2015
Wall street to open on a flat note
FXStreet (Mumbai) - Stock markets in the US are likely to struggle for direction in the early trading despite of a strong performance in the last week. The major index futures in the US are trading mixed.
At the time of writing, the DJIA futures are down 0.06% at 17,968.50, while the S&P 500 futures are down 0.14% at 2090.65 levels. Meanwhile, NASDAQ and Russell futures are up 0.08% and 0.12% at 4380.40 and 1222.50 levels. The VIX futures are up 1.11% at 18.28 levels.
Uncertainty about the situation in Greece may lead to choppy trading on Wall Street after talks between Greece and its international creditors failed on Monday. Still, the overall sentiment in the market does indicate that investors believe a deal would be reached at the last minute.
On the economic data front, the National Association of Home Builders is scheduled to release a separate report on homebuilder confidence in the month of February. Meanwhile, New York Fed said its headline general business conditions index dipped to 7.8 in February from 10.0 in January.
At the time of writing, the DJIA futures are down 0.06% at 17,968.50, while the S&P 500 futures are down 0.14% at 2090.65 levels. Meanwhile, NASDAQ and Russell futures are up 0.08% and 0.12% at 4380.40 and 1222.50 levels. The VIX futures are up 1.11% at 18.28 levels.
Uncertainty about the situation in Greece may lead to choppy trading on Wall Street after talks between Greece and its international creditors failed on Monday. Still, the overall sentiment in the market does indicate that investors believe a deal would be reached at the last minute.
On the economic data front, the National Association of Home Builders is scheduled to release a separate report on homebuilder confidence in the month of February. Meanwhile, New York Fed said its headline general business conditions index dipped to 7.8 in February from 10.0 in January.