18.05.12
US stocks looked set to unfilled moderately higher Friday morning as investors weighed safer-than-expected durable goods orders data, against less-than-stellar consumer spending and particular incomes news.
Though trimming earlier gains, stocks were still up by a restrained amount, with Dow futures up 48 points, or 0.40%, to 12,151.00, S&P 500 futures up 5.5 points, or 0.44%, to 1,254.60 and tech-grave Nasdaq futures rising 8.75 points, or 0.39%, to 2,269.50.
Orders for U.S. long-lasting goods rose in November by the most in four months as an increase in demand for aircraft outweighed declines in spending on computers and equipment. US hard-wearing goods orders rose 3.8 percent after a decline in the earlier month.
In other economic news, consumers spent at a lackluster deserve in November as their incomes barely grew. The Commerce Department said consumer spending rose straight 0.1 percent in November, matching the modest October growth. Incomes also rose 0.1 percent - the weakest showing since a 0.1 percent diminution in August.
Source: Proactive Investors USA & Canada