US STOCKS-Futures rise as construction, manufacturing data eyed

viernes 1 de mayo de 2015 07:36 GYT
 

* Futures up: Dow 77 pts, S&P 7 pts, Nasdaq 11.25 pts

By Tanya Agrawal

May 1 (Reuters) - U.S. stock index futures were higher on Friday ahead of the release of data that could support signs that the economy is regaining momentum after stumbling in the first quarter.

* Construction spending is expected to have risen in March after slipping in February, while the Institute for Supply Management's manufacturing index is expected to have increased in April from March. Both numbers are expected at 10:00 a.m. EDT (1400 GMT)

* Automakers are expected to report that sales moderated in April after rising the previous month. The data is due at 13:30 p.m. (1730 GMT)

* The latest batch of data comes a day after data showed that the number of Americans filing new claims for jobless benefits fell to a 15-year low last week and consumer spending rose in March.

* The dollar bounced from a two-month low against a basket of currencies on Friday, also drawing encouragement from the recent stronger-than-expected data.

* U.S. stocks, led by the Nasdaq, sold off on Thursday as Apple declined, and tech and biotech results disappointed. The S&P tech index closed down 1.6 percent and was the day's worst-performing sector.

* LinkedIn shares slumped 20.4 percent to $200.81 in premarket trading, a day after the professional social network operator slashed its full-year profit forecast.   Continuación...