Stock futures edge up amid global concerns | The Mesh Report

Stock futures edge up amid global concerns

the Mesh Report Staff March 28, 2011 0


NEW YORK – Stock traders hope to extend the market’s rally even as concerns persist about Japan’s nuclear crisis and violence in the Middle East and North Africa.

Last week was the best for the Dow Jones industrial average since July as investors focused on U.S. economic news. But traders are closely watching developments in Japan as new concerns emerge about a nuclear reactor in the Fukushima nuclear complex that is leaking radioactive iodine. In the Arab world, popular uprisings have spread beyond Libya to Syria, Bahrain and Yemen.

Before the market opens Monday, the government reports on U.S. consumer spending and income for February.

Ahead of the bell, Dow futures are up 18 points, or 0.2 percent, to 12,188. S&P 500 futures are up 3, or 0.2 percent, to 1,312. Nasdaq 100 futures are up 8, or 0.4 percent, to 2,325.

A service of YellowBrix, Inc.

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