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Stock Futures Point to Lower Open

The Philadelphia Federal Reserve's business outlook survey, out at 10 a.m. as well, is expected to show an improvement to minus 3 for December from minus 10.7 in November.

Simultaneously, the Conference Board's Leading Economic Indicators Index is predicted to have declined to minus 0.2% in November after increasing 0.2% in October.

Also out at 10 a.m. is the Federal Housing Finance Agency's housing price index for October.

The FTSE 100 in London was up 0.06% and the DAX in Germany was lower by 0.03% after major European indices soared to fresh 2012 highs the prior session.

The Asian markets finished mixed as the amount by which the Bank of Japan expanded its asset-buying program fell short of some investors' expectations. Hong Kong's Hang Seng index closed up by 0.16% and Japan's Nikkei average finished off 1.19% Thursday.

Gold for February delivery was up 50 cents at $1,668.20 an ounce at the Comex division of the New York Mercantile Exchange, while February crude oil contracts were down 10 cents at $89.88 a barrel.

The benchmark 10-year Treasury was rising 9/32, diluting the yield to 1.775%. The dollar was off 0.06%, according to the U.S. dollar index .

In corporate news, NYSE Euronext (NYX), the operator of the New York Stock Exchange, announced that it has agreed to be bought by rival IntercontinentalExchange (ICE - Get Report) for $33.12 a share in stock and cash, or a total of about $8.2 billion.

IntercontinentalExchange shares were tumbling more than 4% in premarket trading Thursday while NYSE Euronext shares were not yet active.

Bed Bath & Beyond (BBBY) on Wednesday issued forecasts for the fourth quarter and fiscal year that were below analysts' views.

Shares were shedding 5%.

Jabil Circuit (JBL) posted fiscal first-quarter earnings on Wednesday that topped Wall Street estimates.

Shares were jumping more than 4.5%.

An experimental therapy from Amicus Therapeutics (FOLD) and GlaxoSmithKline (GSK) failed to improve kidney response in Fabry disease patients compared to placebo in a late-stage study, the companies disclosed late Wednesday.

Amicus shares were plunging by more than 43.5%.

ConAgra Foods (CAG - Get Report) posted second-quarter earnings of 57 cents a share on revenue of $3.74 billion, beating the average analyst estimate of 55 cents a share on revenue of $3.69 billion, on robust sales from its consumer foods business.

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SYM TRADE IT LAST %CHG
NYX $0.00 0.00%
ICE $235.36 0.00%
ACN $90.03 0.00%
CAG $34.98 0.00%
AAPL $128.46 0.00%

Markets

DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

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