Gains in U.S. stock futures this morning, if they hold, give the Dow and S&P 500 a chance to extend their weekly winning streaks.
U.S. stock futures were pointing to gains at Wall Street open, giving the Dow and S&P 500 a chance to finish the week higher and extend their weekly winning streaks. Ahead of trading on the first day of March, the Dow was off to its best two-month start to a year since 1987, the S&P 500 since 1991, despite falling for the final three days of February.
Today is the first Friday of the new month, but it's not a jobs Friday because of the way the calendar falls. Meanwhile, the government at 8:30 a.m. ET releases both December and January data on personal income and consumer spending due to government-shutdown delays. AT&T said HBO CEO Richard Plepler is stepping down, and the Wall Street Journal reports that Turner president David Levy plans to announce his departure as soon as today. Both executives came to AT&T as part of its acquisition of Time Warner last year.New York City officials, in an open letter in The New York Times, is asking Amazon executives, including CEO Jeff Bezos, to reconsider their decision to abandon plans to build a new office there.
Nutanix shares were plummeting over 20 percent in the premarket, after the cloud computing company gave a much weaker than expected full year forecast. Nutanix quarterly loss was smaller than expected and revenue beat estimates.
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