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U.S. Morning Call: Stock futures up, eye S&P Europe warning

Monday, December 05, 2011 - 01:48

Dec. 6 - U.S. stock futures are up, but restrained by concerns about S&P's warning of possible ratings cut of top European nations.

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Here's your morning -- for this Tuesday US stock index futures are pointing to a higher open after closing up on Monday. Dow NASDAQ S&P 500 futures are gaining -- tenth of 1% each. S&P is warning late Monday of a possible downgrade for fifteen of the seventeen eurozone countries. So far not lending market here in the red. Markets in Europe are mixed ahead of an -- pressure from Treasury Secretary Tim Geithner today he prepared to hit the -- in Germany as he gears up for talks with leaders. On their -- was Geithner is scheduled to meet with French president Nicholas Sarkozy as well as the leaders of Spain. And Italy among others the trip comes ahead at -- crucial European Union summit on Friday. Watch Halliburton shares after BP accused it of destroying evidence. BP says the evidence relates to an adequate network Halliburton did. On the Gulf of Mexico oil well that blew out last year the accusation in court filing comes ahead of a trial expected in February. On the April 2010 macondo well disaster which cost eleven deaths. And billions of dollars in damages. Halliburton says BP's conclusion. Is without merit. Thomson Reuters IFR markets is looking for more clues about the holiday shopping season this morning your reports on weekly chain store sales come out the International Council of Shopping Centers report. At that -- and the redbook report -- 55. They -- date after a record Black Friday but -- points out that a silent Black Friday and does not lead to strong holiday season overall. And finally it once got to watch this morning autos down the aftermarket auto parts distributor and retailer reported a profit that handily topped expectations. While sales nearly beat the consensus view. That's right policies -- Jen Rogers and this is sort of insider.

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U.S. Morning Call: Stock futures up, eye S&P Europe warning

Monday, December 05, 2011 - 01:48