THE TRADER'S JOURNAL

Stock, Forex, Futures, Options Trading Magazine

Sun05262013

Last update08:03:09 AM

Back You are here: Home Markets Update Markets Update Stocks U.S. Stock Futures Are Little Changed; Citigroup Retreats

Stocks Update

U.S. stock-index futures were little changed, after the Dow Jones Industrial Average yesterday rose to its highest level since 2007, as investors assessed the results of stress tests of the country’s biggest banks.

 

Apple Inc. (AAPL) gained 1.1 percent in early New York trading after an analyst said Samsung Electronics Co. will supply the screen for the company’s new iPad. Books-A-Million Inc. (BAMM) jumped 7.9 percent in German trading after posting quarterly net sales. Citigroup Inc. (C) fell 3.2 percent in New York after it failed to meet some standards in the tests set by the Federal Reserve. Full story