News Headline Summary

With news-flow quiet heading into the final day of day on Wall St., US equity futures trade lower heading into the open following continued concerns in Europe...

Analysis details (14:23)

... This morning saw a series of comments from both Eurozone officials and sources who once again highlighted the problems that remain with Greece and their financing needs.

The e-mini S&P, DOW and Nasdaq are all trading down, indicating a lower open on Wall St. The USD-Index trades up 0.25% on the day as investor concerns have meant risk averse trading and hence flows to safer havens.

One to watch at the open will be JC Penny following their poor earnings report, where their adjusted loss per share came in at USD 0.93 vs. Exp. loss per share USD 0.07, a revenue miss and comparable store sales down 26.1% for Q3; shares trading down 8.4% pre-market.

09 Nov 2012 - 14:20 - Equities - Source: RANsquawk

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