ADVERTISEMENT
News » Money
May 17, 7:34 AM EDT

US stock futures bounce back after unsettling day for retailers; Conference Board report due

AP Photo
AP Photo/Richard Drew
Business Video
Latest Market News
The Narcissus Trade: Corporate America is buying back record amounts of its own stock

J.C. Penney, Stage Stores, ViaSat, Brocade Communications are big market movers on Friday

News Summary: Positive outlook for economy gives stock market a boost

Wal-Mart's 1Q profit disappoints as it struggles with sales slump

J.C. Penney 1Q loss widens from a year ago as sales keep falling

Dell's earnings flop in 1st quarter may make CEO's buyout offer more attractive to investors

Airlines losses narrowed in 1Q to $552M; lobbying group predicts pickup in summer travel

Aruba plunges after revising outlook a week before earnings report, citing order delays

Buy AP Photo Reprints
Interactives
Greece's Debt Threatens to Spread
State budget
gaps map
Auto industry problems trickle down, punish Tennessee county
Women give old Derby hats a makeover in tough economy
S.C. town deals with highest unemployment in South
How mortgages were bundled and sold as securities
Tracking the $700 billion financial bailout
Tracking the year's job losses
State-by-state foreclosures since 2007
Credit crisis explained
Presidents and their economic legacies
Lexicon of the financial crisis
Americans' addiction to debt
Interactive
Are Stocks Bouncing Back?

NEW YORK (AP) -- U.S. stock futures are rising with markets headed for a positive week overall, as investors shrug off some unsettling reports from retailers this week.

Dow Jones industrial futures are up 40 points to 15,252. S&P futures have added 4.6 points to 1,652.70. Nasdaq futures are up 6 points to 2,004.25.

There is some optimism ahead of the release Friday of the Conference Board's index of leading indicators. The private group's index attempts to gauge what's coming over the next several months.

Markets were unsettled Thursday by poor earnings reports from Wal-Mart, Nordstrom and J.C. Penney.

Weak retail performances left lingering concerns that consumers, a driving force in the U.S. economy, may be pulling back on spending as they absorb higher taxes while facing a slow recovery in the job market.

© 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Learn more about our Privacy Policy and Terms of Use.

 
ADVERTISEMENT