This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

US Futures Up Ahead Of Jobs, Manufacturing Numbers

NEW YORK (AP) â¿¿ Stock futures edged higher Thursday with some positive numbers coming out of the manufacturing sector and potentially more evidence of an improving jobs picture.

Dow Jones industrial futures rose 61 points to 13,082. The broader S&P futures tacked on 7.3 points to 1,412.60. Nasdaq futures gained 16.75 points to 2,667.25.

The report from the Commerce Department on orders for long-lasting U.S. manufactured goods shows a surge in September, the largest in nearly three years.

Orders for durable goods leapt 9.9 a percent after a 13.1 percent decline in the previous month. However, orders for core capital goods, considered a good proxy for business investment, were unchanged.

Also on Thursday, the Labor Department reported that weekly applications for U.S. unemployment aid fell last week to a seasonally adjusted 369,000, which would signal modest hiring. Anything below 375,000 can lower the unemployment rate.

In September, unemployment dipped to 7.8 percent. That is the lowest level since January 2009.

Earnings reports continued to arrive Thursday and the results were mixed.

Colgate-Palmolive will cut more than 2,310 workers, or 6 percent of its workforce, by the end of 2016 in a push to make the consumer products company more efficient. But the company topped Wall Street expectations for profit in the third quarter.

Profits at United Airlines declined with fewer people flying. Even removing a one-time charge related to a new agreement with pilots, the company fell well short of Wall Street expectations.

Procter & Gamble says its first quarter net income fell 7 percent, as costs related to a restructuring and the stronger dollar weighed on results.

The homebuilder PulteGroup returned to profitability, posting its biggest third-quarter profit since 2006. That extends a winning streak for the housing sector, which appears to be having a sustained recovery.

After the market closes Thursday, Apple and post quarterly earnings.

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.24 -0.41%
FB $117.81 -0.21%
GOOG $701.43 0.82%
TSLA $211.53 -4.96%
YHOO $36.94 2.61%


Chart of I:DJI
DOW 17,660.71 +9.45 0.05%
S&P 500 2,050.63 -0.49 -0.02%
NASDAQ 4,717.0940 -8.5450 -0.18%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs