You choose, we deliver
If you are interested in this story, you might be interested in others from The Journal Gazette. Go to www.journalgazette.net/newsletter and pick the subjects you care most about. We'll deliver your customized daily news report at 3 a.m. Fort Wayne time, right to your email.

Business

  • Boeing to give California workers $47 million in back pay
    PALMDALE, Calif. — Boeing Co. will pay $47 million to hundreds of current and former Southern California employees who are owed back pay and benefits, a union announced Friday.
  • Startup funds soar to highest since 2001
    Funding for U.S. startup companies soared 57 percent in the first quarter to a level not seen since 2001, as venture capitalists piled more money into a growing number of deals, according to a report published Friday.
  • China trade group steps in
    Chinese police hauled away dozens of workers Friday to break up a march on a factory complex targeted by tens of thousands of laborers striking against the world’s largest maker of athletic shoes, while a government trade union said it would mediate
Advertisement

U.S. futures mixed after S&P closes at 5-year high

NEW YORK (AP) — Stock futures are mixed in light volume with markets awaiting the next rush of earnings reports

Dow Jones industrial futures are down 3 points to 13,403. The broader S&P futures have lost 0.40 points to 1,466.70. Nasdaq futures are up a point at 2,738.

Traders appear to be holding their positions a day after the Standard & Poor's 500 Index ended at a five-year peak.

Also Friday, the government reports on the U.S. trade gap for November. The forecast is that the deficit narrowed to $41.3 billion from $42.2 billion in October. Later Friday, the Treasury reports on the federal budget for December.

Wells Fargo on Friday is the first major bank to post earnings, They'll be followed next week by the global financial services company, Morgan Stanley.

Advertisement