Sunday, October 30, 2011

US stock futures outlook october 31 2011

US stock futures outlook october 31 2011 : Trading in US index futures indicated that the Dow could fall 70 points at the opening bell on Monday, 31 October 2011. US stocks closed out a fourth week of gains in quiet fashion on Friday, edging higher as the market took a breather after rallying 3% on Thursday on Europe's deal to stem its debt crisis. Economic data on Friday showed US consumer sentiment improved in October for the second month in a row as consumers felt more upbeat about the economy's prospects.

Asian shares fell on Monday, taking a breather from a nearly 10 percent rally last week after Europe laid out a basic framework to tackle its debt crisis. Key benchmark indices in China, Hong Kong, Indonesia, Singapore, South Korea and Taiwan fell by between 0.3% to 1.08%. Japan's Nikkei Average rose 0.25%. For the latest updates on the stock market, visit Stock Market Today
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