US futures have fallen on Thursday as investors take a breather before the new economic data and more business results.
The futures of the S & P 500 have fallen by 0.20% or 5 and a half points to 2,704.25 at 12:49 pm (CET), while Dow futures have fallen by 0.13% or 32 points to 24.701 , 0, meanwhile, the futures of the Nasdaq 100 of technology have fallen by 0.21% or 14 points and a half to 6,829.25.
The presentations of results will be the focus of all eyes this Thursday, distracting the attention of investors from geopolitical and commercial tensions.
Procter & Gamble Company (NYSE: PG), Bank of New York Mellon (NYSE: BK), BB & T (NYSE: BBT), Blackstone (NYSE: BX) and Philip Morris International Inc (NYSE: PM) are some of the companies they will present the reports of their financial results before the opening bell.
Biotech firm Shire plc (NASDAQ: SHPG) is one of the companies that performed best before the opening, shooting up 3.97% while Harmony Gold Mining Company Limited (NYSE: HMY) soared 5.56% and Gold Fields Ltd ADR (NYSE: GFI) 4.59%.
On the other hand, Helios and Matheson Analytics Inc (NASDAQ: HMNY) plunged 24.28% after the owner of MoviePass announced an IPO and an auditor raised doubts about its subscription service. The consumer goods company Unilever PLC (NYSE: UL) has dropped 2.55% in the face of concerns about prices, despite the fact that its results have met expectations.
In terms of economic news, the data on applications for unemployment subsidies and the survey of business forecasts of the manufacturing sector of the Philadelphia Fed are published at 14:30 hours (CET). Several members of the Federal Reserve will also appear this Thursday. Fed Governor Randal Quarles appears before the Senate Banking Committee while Cleveland Fed President Loretta Mester will appear in Pittsburgh and Fed Governor Lael Brainard will be in Washington.
European stocks have moved unevenly. The DAX of Germany has dropped 10 points or 0.08% while the French CAC 40 has gone up by 0.14% or 7 points and in London, the FTSE 100 has scored a rise of 6 points or 0.09 %. Meanwhile, the pan-European Euro Stoxx 50 index has fallen by 2 points or 0.08% and Spain’s IBEX 35 has risen by 4 points or 0.05%.
In terms of raw materials, gold futures were down 0.19% to $ 1,350.90 per troy ounce, and crude oil futures were up 0.45% to $ 68.78 per barrel. The dollar index, which tracks the evolution of this currency with respect to a basket of six other major currencies, has risen 0.01% to 89.36.