{"id":407282,"date":"2011-04-29T10:35:43","date_gmt":"2011-04-29T10:35:43","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/04\/29\/stocks-headed-for-mixed-start\/"},"modified":"2011-04-29T10:35:43","modified_gmt":"2011-04-29T10:35:43","slug":"stocks-headed-for-mixed-start","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/04\/29\/stocks-headed-for-mixed-start\/","title":{"rendered":"Stocks headed for mixed start"},"content":{"rendered":"<div readability=\"76.1938639395\">\n<p><a href=\"http:\/\/money.cnn.com\/data\/premarket\/index.html\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/04\/5cc1611cfutures.top_.png.png\" alt=\"premarkets\" width=\"475\" height=\"280\" border=\"0\" class=\"cnnstoryImageFull\" \/><\/a><span><strong>Click the chart for more premarket data.<\/strong><\/span><span id=\"fb-recommend\"\/> <span>By CNNMoney staff<\/span><span>April 29, 2011: 6:35 AM ET<\/span><\/p>\n<p>NEW YORK\u00a0(CNNMoney) &#8212; U.S. stocks were headed for a soft opening Friday, as investors await quarterly reports from major U.S. companies and economic data on consumer spending.<\/p>\n<p>Dow Jones industrial average (<a href=\"http:\/\/money.cnn.com\/quote\/quote.html?symb=INDU&#038;source=story_quote_link\">INDU<\/a>) futures were lower ahead of the opening bell, but S&#038;P 500 (<a href=\"http:\/\/money.cnn.com\/quote\/quote.html?symb=SPX&#038;source=story_quote_link\">SPX<\/a>) and Nasdaq (<a href=\"http:\/\/money.cnn.com\/quote\/quote.html?symb=COMP&#038;source=story_quote_link\">COMP<\/a>) futures were slightly higher. Futures measure current index values against perceived future performance.<\/p>\n<p>On Thursday, <a href=\"http:\/\/money.cnn.com\/2011\/04\/28\/markets\/markets_newyork\/index.htm\">U.S. stocks rose to multi-year highs<\/a>, as investors dismissed a series of mixed earnings reports as well as disappointing economic news.<\/p>\n<p><a href=\"http:\/\/money.cnn.com\/news\/economy\/index.html\"><strong>Economy:<\/strong><\/a> Before the start of trading, investors will digest data on personal income and spending. Economists polled by Briefing.com expect spending to increase to 0.5%, and income to rise 0.4% in March.<\/p>\n<p><a href=\"http:\/\/money.cnn.com\/news\/companies\/\"><strong>Companies<\/strong><\/a>: Ahead of Friday&#8217;s opening bell, Dow component Caterpillar (<a href=\"http:\/\/money.cnn.com\/quote\/quote.html?symb=CAT&#038;source=story_quote_link\">CAT<\/a>, <a href=\"http:\/\/money.cnn.com\/magazines\/fortune\/fortune500\/2010\/snapshots\/81.html?source=story_f500_link\">Fortune 500<\/a>) will report quarterly earnings. Analysts polled by Thomson Reuters expect the manufacturing giant to post a profit of $1.31 cents per share.<\/p>\n<p>Chevron (<a href=\"http:\/\/money.cnn.com\/quote\/quote.html?symb=CVX&#038;source=story_quote_link\">CVX<\/a>, <a href=\"http:\/\/money.cnn.com\/magazines\/fortune\/fortune500\/2010\/snapshots\/385.html?source=story_f500_link\">Fortune 500<\/a>) and Merck (<a href=\"http:\/\/money.cnn.com\/quote\/quote.html?symb=MRK&#038;source=story_quote_link\">MRK<\/a>, <a href=\"http:\/\/money.cnn.com\/magazines\/fortune\/fortune500\/2010\/snapshots\/280.html?source=story_f500_link\">Fortune 500<\/a>) are also slated to deliver quarterly results early on. Analysts forecast Chevron will post a profit of $3.00 per share. Merck is expected to report quarterly results of 84 cents a share.<\/p>\n<p><a href=\"http:\/\/money.cnn.com\/data\/world_markets\/europe\/\"><strong>World markets:<\/strong><\/a> On Friday, the London Stock Exchange was closed for the <a href=\"http:\/\/unveiled.blogs.cnn.com\/2011\/04\/29\/the-royal-wedding-arrivals\/?hpt=T1&#038;iref=BN1\">royal wedding<\/a>.<\/p>\n<p>European markets gained in morning trading. The DAX in Germany added 0.2% and France&#8217;s CAC 40 rose 0.6%.<\/p>\n<p>Asian markets ended the session mixed. The Shanghai Composite rose 0.8%, while the Hang Seng in Hong Kong slipped 0.4%. Japan&#8217;s Nikkei was closed for holiday.<\/p>\n<p><a href=\"http:\/\/money.cnn.com\/data\/currencies\/index.html\"><strong>Currencies<\/strong><\/a> <strong>and <a href=\"http:\/\/money.cnn.com\/data\/commodities\/index.html\">commodities:<\/a><\/strong> The dollar fell against the euro, the Japanese yen and the British pound.<\/p>\n<p>Oil for June delivery slipped 15 cents to $112.70 a barrel.<\/p>\n<p>Gold futures for June delivery rose $5.40 to $1,536.50 an ounce.<\/p>\n<p><a href=\"http:\/\/money.cnn.com\/data\/bonds\/index.html\"><strong>Bonds<\/strong><\/a><strong>:<\/strong> The price on the benchmark 10-year U.S. Treasury was unchanged, with the yield at 3.31%.\u00a0<a href=\"http:\/\/money.cnn.com\/2011\/04\/29\/markets\/premarkets\/index.htm?section=money_topstories&#038;utm_source=feedburner&#038;utm_medium=feed&#038;utm_campaign=Feed%3A+rss%2Fmoney_topstories+%28Top+Stories%29#TOP\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/i.cdn.turner.com\/money\/images\/bug.gif\" alt=\"To top of page\" border=\"0\" width=\"7\" height=\"7\" \/><\/a><\/p>\n<p>First Published: April 29, 2011: 6:30 AM ET<\/p>\n<\/div>\n<p><img decoding=\"async\" src=\"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/04\/5cc1611cfutures.top_.png-150x150.png\" \/><\/p>\n<p>Original post:<br \/>\n<a target=\"_blank\" href=\"http:\/\/rss.cnn.com\/~r\/rss\/money_topstories\/~3\/95BEqcgtizw\/index.htm\" title=\"Stocks headed for mixed start\" rel=\"noopener noreferrer\">Stocks headed for mixed start<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> Click the chart for more premarket data. By CNNMoney staff April 29, 2011: 6:35 AM ET NEW YORK\u00a0(CNNMoney) &#8212; U.S. <\/p>\n","protected":false},"author":0,"featured_media":407283,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":{"0":"post-407282","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-local-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Stocks headed for mixed start - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/04\/29\/stocks-headed-for-mixed-start\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Stocks headed for mixed start - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Click the chart for more premarket data. 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