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U.S. Morning Call: Stock futures mixed; Facebook reeling

Thursday, August 16, 2012 - 02:35

Aug 17 - U.S. stock futures are pointing to a mixed open on Wall Street, with European shares hitting a five-month high.

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Stock futures looking lackluster -- -- after Angela Markel and Angela Merkel encouraging remarks. And FaceBook still reeling -- Friday morning com. US stock futures point to a mixed open on Wall Street after hitting four month highs on Thursday. Boosted by German prime minister Merkel is not to rescuing eurozone. Some investors. Remains skeptical. European debt crisis of of course that the moment in this local missed the -- be able promise to football. But then steal enormously -- you had particularly -- fiscal reform and hard to. Stabilize the solving that issue it's still being touted guy I don't -- the best stuff all the feel confident that you resign him go ahead. Although of the global economy seems to be struggling. Tip top fed officials weighed in against further monetary policy easing on Thursday and third and -- graduate coda suggests the the Fed may raise interest rates portly 2014. The Fed's confidence in the economic recovery may very well be in line with the average shadow. As the University of Michigan preliminary read on consumer sentiment is supposed to show miner came in August. The market with your FaceBook on Thursday that social networks stock fell to a new -- as the first lock up period came to an end. And -- investors may -- hasty exit. FaceBook has now watch fifty billion dollars or just under half that. Market value melt away since its debut on the NASDAQ in May. The Wall Street Journal reported that chief executive Mark Zuckerberg told employees for the first time earlier this month. That investors jumping ship could hurt them. And -- stocks to watch -- Smucker posting some sweet results the maker of -- peanut butter and copies on demand increase. We've reduced prices. And soccer stepping up in the second quarter with profits rising 63%. Stocks trading higher in the premarket today. And finally a reason to cheer on Wall Street as the week winds up. A survey of eight banks by compensation consultants Johnson associates shows that senior executives will see up to 10% increase in pay this year. Trading divisions especially bond traders the biggest winners with a ten to 20% bump in there guys. After -- called -- Friday we have more news coming up so follow us on Twitter at Reuters Insider. And check out our Reuters YouTube channel at Reuters dot com slash Reuters TV. I'm Lisa Bernhard this is Reuters.

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U.S. Morning Call: Stock futures mixed; Facebook reeling

Thursday, August 16, 2012 - 02:35