Early signs from the U.S. Futures Index suggest that Wall Street is poised to open broadly lower. <\/p>\n
On a lean day of economic announcements, geo-political developments might get special attention.<\/p>\n
Oil rebounded from six-month lows in Asian trade while gold traded in a narrow trading band.<\/p>\n
As of 7.20 am ET, the Dow futures were declining 68.00 points, the S&P 500 futures were sliding 0.25 points and the Nasdaq 100 futures were up 26.25 points.<\/p>\n
The U.S. major averages all ended modestly lower on Wednesday. The Dow settled at 36,054.43, losing 70.13 points or 0.19 percent. The S&P 500 ended down 17.84 points or 0.39 percent at 4,549.34, while the Nasdaq closed lower by 83.20 points or 0.58 percent at 14,146.71.<\/p>\n
On the economic front, Jobless Claims for the week is scheduled at 8.30 am ET. The consensus is for 222k, while it was up 218k in the prior week. <\/p>\n
The Energy Information Administration or EIA’s Natural Gas Report for the week will be issued at 10.30 am ET. In the prior week, the gas stock was up 10 bcf. <\/p>\n
The Fed Balance Sheet for the week will be released at 4.30 pm ET. In the prior week, the level was up $7.796 trillion. <\/p>\n
The Consumer Credit Treasury bill auction will be held at 3.00 pm ET.<\/p>\n