Market Commentary and Intraday News
US stock futures mixed ahead of holiday
360 days ago
(AP:NEW YORK) U.S. stock futures are mixed ahead of the long holiday weekend on concerns over the lack of a concrete plan to keep Greece in the European currency union.
Dow futures are down 2 points to 12,534. S&P 500 futures are up half a point at 1,323. Nasdaq futures are up 7 points to 2,543.
A rise in a consumer confidence indicator in Germany helped market sentiment as it suggested the core of the European economy remains relatively stable despite the financial turmoil and uncertainty over the region's 17-country monetary union.
Sharp losses earlier in the week have also encouraged some investors to hunt for cheapened stocks before the Memorial Day weekend. U.S. stock markets are closed Monday.
Oil futures are up 46 cents to $91.12.
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.