U.S.
stock-index futures were little changed, after the Dow Jones Industrial
Average climbed to a record yesterday, as investors awaited data on
jobless claims and manufacturing.
Futures
on the Standard & Poor��s 500 Index expiring in June added less
than 0.1 percent to 1,879.2 at 10:36 a.m. in London. Dow contracts
increased 8 points, less than 0.1 percent, to 16,519. The 30-stock
equity gauge rose 0.3 percent yesterday, topping the previous record it
reached on Dec. 31.
The
Federal Reserve yesterday reduced its monthly asset purchases to $45
billion, its fourth straight $10 billion cut, and said it would continue
to trim additional stimulus in measured steps.
Data
at 8:30 a.m. in Washington may show first-time claims for unemployment
benefits fell to 320,000 in the week to April 26, from 329,000 in the
previous period, according to economists polled by Bloomberg. A Labor
Department report tomorrow may show employers added 215,000 workers in
April, the most since November, according to economists�� projections.
A
separate report from the Institute for Supply Management at 10 a.m. may
show a gauge of manufacturing in the U.S. increased to 54.3 in April,
from 53.7 in March, economists projected in a survey. Fifty is the
dividing line between expansion and contraction.
Source : Bloomberg
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