By Chuck Mikolajczak NEW YORK (Reuters) - U.S. stock index futures were flat on Wednesday, after the S&P 500 managed to halt a three-day losing skid, in the wake of earnings from Alcoa and ahead of the minutes from the last Federal Reserve meeting. Alcoa Inc gained 2.6 percent to $12.86 in premarket trade after the former Dow component reported a decline in first quarter adjusted profit on Tuesday as aluminum prices dropped, but earnings came in ahead of analysts' expectations. S&P 500 companies' first-quarter earnings are projected to have increased just 1 percent from a year ago, Thomson Reuters data showed. The Federal Reserve is expected to release the minutes from its March 18-19 meeting.
via Health News Headlines - Yahoo News http://ift.tt/1lPP30D
No comments:
Post a Comment