Stock Futures Point to Mixed Open
- Category: Money
- Published on Tuesday, March 22, 2011 08:48
NEW YORK - Stocks are pointing to a mixed open following a
strong three-day rally.
Crude oil prices, a major source of volatility for the market
since mid-February, dipped below $103 per barrel.
Ahead of the opening, Dow Jones industrial average futures are
up 11, or 0.1 percent, at 11,974. Futures for the broader Standard
& Poor's 500 index are flat at 1,293.10. Nasdaq 100 index futures
are up 3.25, or 0.1 percent, to 2,257.75.
Stocks jumped Monday after AT&T's $39 billion deal for T-Mobile
USA raised hopes of more corporate dealmaking. Worries about
Japan's nuclear crisis also eased. The Dow gained 178 points and
climbed back above the 12,000 level for the first time since the
March 11 earthquake.
Written by Associated Press
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