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

Market Hustle: Stock Futures Nudge Higher After Easter Break

NEW YORK (TheStreet) -- U.S. stock futures were nudging higher Monday as investors began returning from the Easter holidays.

Dow Jones Industrial Average futures were up 21 points, or 27.46 points above fair value, to 16,364, S&P 500 futures were up 2 points, or 1.55 points above fair value, to 1,860, and Nasdaq futures were up 11.7 points, or 9.22 points above fair value, to 3,535.

  • Netflix (NFLX) is forecast to report Monday first-quarter earnings of 83 cents a share on revenue of $1.27 billion. Shares were advancing 0.87% in premarket trading.
  • Halliburton (HAL - Get Report) shares were edging up after topping first-quarter earnings expectations by 2 cents at 73 cents a share as revenue came in better than expected. Latin America was the only region where the company didn't experience growth.
  • Kimberly-Clark (KMB - Get Report) was poised for action after surpassing the Wall Street target by a penny with first-quarter earnings of $1.48 a share. Revenue slightly missed expectations.
  • The Conference Board's Index of Leading Indicators for March will be released at 10 a.m. EDT.
  • The Nikkei 225 in Japan settled down 0.03% after a government report indicated that Japan's exports rose 1.8% in March from the year before, widely missing the expected 6.3% increase. Hong Kong markets were closed for Easter Monday. Major European markets were closed for the Easter holiday.
  • Tensions in Ukraine flared up after a gunfight on Sunday left three people dead at a pro-Russian checkpoint in eastern Ukraine. The escalation in violence threatened an agreement signed by the U.S., the E.U., Russia and Ukraine in Geneva last week that aimed to diffuse tensions in the region.
  • Major U.S. indices closed little changed amid corporate earnings on Thursday as investors hedged their bets ahead of a long weekend. Jobless claims for the week beat expectations.
  • S&P Capital IQ's chief equity strategist, Sam Stovall, said that the S&P 500 is now in the early stages of its seasonally vulnerable period, likely prompting investors to start thinking more about stability of price and quality of earnings. "It would appear natural to us that investors now begin re-emphasizing large-cap stocks over the more volatile and expensive small-cap issues," he said in a note.

-- By Andrea Tse in New York

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
HAL $41.31 0.00%
KMB $125.19 0.00%
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs