February 12, 2013 at 08:35 AM EST
Pre-Market Primer: US Gives Japan Green Light to Fight Deflation; Fed Speeches and State of the Union on Tap
Ahead of speeches from major Fed heads and the president stocks are lower this morning. After trading volume yesterday was the lightest for the year so far stock index futures shifted lower before the market open. Dow (INDEXDJX:.DJI) futures are down 0.03% at 13 915. Futures on the S&P 500 (INDEXSP:.INX) slipped 0.05% to 1 512.30 and Nasdaq (INDEXNASDAQ:.IXIC) futures fell 0.11% to 2 767.50. No major economic announcements come out today. Japanese stocks rallied nearly 2% and the yen fell to 94.25 to the dollar after US Treasury official Lael Brainard said that the US would not oppose ...
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