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

  • Macy’s to pay $650,000 in shopper-profiling probe
    The retailer Macy’s has agreed to pay $650,000 to settle allegations of racial profiling at its flagship store in Manhattan’s Herald Square.
  • Area joblessness up to 6%
    Metro Fort Wayne unemployment has increased for three consecutive months. Not to worry. It just means more people are seeking work than are being hired.
  • Trailer firmto expand Angola plant
    Rockwell American is investing more than $325,000 over the next four years to expand its Angola sales and distribution facility as it creates up to 16 jobs by 2017, Steuben County officials announced Tuesday.
Advertisement

Futures higher ahead of flood of data

NEW YORK (AP) — U.S. stock futures are moving higher ahead of a flood of economic indicators and corporate earnings, with the Standard & Poor's 500 index set to test record highs again.

Dow Jones industrial futures are up 15 points to 14,788. The broader S&P futures have added 2.5 points to 1,594.70. Nasdaq futures are up 3.25 points to 2,883.25.

The government is releasing data on construction spending, the Institute for Supply Management issues its U.S. manufacturing index for April, car makers are expected to release the best April sales numbers since 2007 and payroll services provider ADP posts its latest jobs report.

And the U.S. Federal Reserve wraps up its two-day policy meeting with a news conference.

Also moving markets Wednesday will be quarterly earnings from Merck, Visa, MasterCard, Facebook and CBS.

Advertisement