{"id":344235,"date":"2011-03-28T10:40:39","date_gmt":"2011-03-28T10:40:39","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/03\/28\/stocks-headed-for-early-gains\/"},"modified":"2011-03-28T10:40:39","modified_gmt":"2011-03-28T10:40:39","slug":"stocks-headed-for-early-gains","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/03\/28\/stocks-headed-for-early-gains\/","title":{"rendered":"Stocks headed for early gains"},"content":{"rendered":"

\"premarkets\"<\/a>Click the chart for more premarket data.<\/b><\/span>
\nBy CNNMoney staff<\/span>March 28, 2011: 6:40 AM ET<\/span>
<\/p>\n

NEW YORK\u00a0(CNNMoney) — U.S. stock futures were signaling a solid open Monday morning, as investors await key economic data and continue to focus on global developments. <\/p>\n

Stocks managed to head higher<\/a> last week, as investors turned their attention to strong corporate earnings and shrugged off geopolitical concerns. The Dow gained more than 3%, the S&P 500 gained 2.7% and the Nasdaq surged 3.7%. <\/p>\n

Gains last week came despite ongoing concerns about Japan’s nuclear crisis, along with continuing unrest in the Middle East and the civil war in Libya. <\/p>\n

Investors said the main event this week will be Friday’s monthly hiring and unemployment report<\/a> from the U.S. Labor Department. Economists surveyed by Briefing.com expect the economy created 185,000 jobs in March, and the unemployment rate remained steady at 8.9%.<\/p>\n

Economy:<\/b><\/a> On Monday, the Commerce Department releases February personal income and spending figures at 8:30 a.m. ET. Additionally, the National Association of Realtors will issue its January pending home sales report at 10 a.m. ET.<\/p>\n

Pending home sales are expected to increase 0.3%, while personal income is expected to rise 0.3% and personal spending is forecasted to climb 0.5%.<\/p>\n

World markets:<\/b><\/a> European stocks were mixed in morning trading. Britain’s FTSE 100 edged up 0.1%, the DAX in Germany eased 0.2% and France’s CAC 40 was little changed.<\/p>\n

Asian markets ended the session mixed. The Shanghai Composite added 0.2% and the Hang Seng in Hong Kong gained 0.4%, while Japan’s Nikkei slid 0.6%.<\/p>\n

Currencies<\/b><\/a> and commodities:<\/a><\/b> The dollar rose against the euro, the Japanese yen and the British pound.<\/p>\n

Oil for May delivery slipped 49 cents to $104.91 a barrel. <\/p>\n

Gold futures for April delivery fell $6.40 to $1,419.80 an ounce. <\/p>\n

Bonds<\/b><\/a>:<\/b> The price on the benchmark 10-year U.S. Treasury fell, pushing the yield up to 3.47% from 3.40% late Friday. \u00a0\"To<\/a><\/p>\n

First Published: March 28, 2011: 6:33 AM ET<\/p>\n

<\/div>\n<\/p>\n

<\/p>\n

Original post:
\nStocks headed for early gains<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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Dow Jones industrial average (INDU<\/a>), S&P 500 (SPX<\/a>) and Nasdaq (COMP<\/a>) futures were higher ahead of the opening bell. Futures measure current index values against perceived future performance.<\/p>\n