26 Mar 2015
US stock futures fall
FXStreet (Mumbai) - US equity index futures traded lower on Thursday after Saudi Arabia and its allies launched air strikes on Yemen.
At the time of writing, the DJIA futures traded 0.72% lower, while the S&P futures traded 0.69% lower. The NASDAQ futures were also down by 1.08%. Moreover, the weak S&P futures could lead to a fourth consecutive session of decline today.
Semiconductor stocks could fall for a fourth straight session, after SanDisk cut its first-quarter and 2015 revenue outlook. On Wednesday, the markets had collapsed mainly due to weakness in technology and biotech shares.
Meanwhile, the markets today could be influenced by the weekly Initial jobless claims data. Expectations call for a dip to 290,000 from the 291,000 in the prior week. Flash PMI services data is also due for release.
At the time of writing, the DJIA futures traded 0.72% lower, while the S&P futures traded 0.69% lower. The NASDAQ futures were also down by 1.08%. Moreover, the weak S&P futures could lead to a fourth consecutive session of decline today.
Semiconductor stocks could fall for a fourth straight session, after SanDisk cut its first-quarter and 2015 revenue outlook. On Wednesday, the markets had collapsed mainly due to weakness in technology and biotech shares.
Meanwhile, the markets today could be influenced by the weekly Initial jobless claims data. Expectations call for a dip to 290,000 from the 291,000 in the prior week. Flash PMI services data is also due for release.