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Investing.com – U.S. futures have been flat on Tuesday's home-grown homepage in the United States.
The Home Improvement Retailer, Craig Menear, Chairman and Chief Executive Craig Menear, Chairman of the Board of Directors Craig Menear said in a statement.
The company said it believes the health of the economy and U.S. consumers, a "stable housing environment" will sustain its business. Its shares were up 0.5% in premarket trading.
rose 8 points gold 0.1% by 6:41 AM ET (10:41 GMT), while were flat at 26,119.5 points and S & P 500 futures was steady at 2,924.88 points.
Apple (NASDAQ) was in focus after Bloomberg reported that its TV streaming service will cost $ 9.99 per month and is expected to launch in November. The Netflix (NASDAQ :). Walt Disney (NYSE 🙂 fell 0.4%, while Netflix declined 0.8%. In a sector dominated by ever-higher spending on content, Apple's substantial cash reserves contrast sharply with Netflix's frequent use of the debt markets to fund its expansion.
Facebook (NASDAQ 🙂 and Twitter inched up 0.1% after the social media giants blocked state-backed social media campaigns that originate in mainland China. The companies said the campaign undermined protests in Hong Kong, while China maintains its right to voice its opinion on the situation. Facebook Joseph Simons Monday, February 24th, 2011 at 12:40 am
Elsewhere, JPMorgan Chase (NYSE 🙂 fell 0.3%, while HP (NYSE 🙂 slumped 2%.
Elanco tumbled 2.6% after it agreed to buy the animal health business of Germany's Bayer (DE 🙂 for $ 7.6 billion. Bayer was up 0.7% on the German.
On the data front, the Philly Fed non-manufacturing numbers come out at 8:30 AM ET (12:30 GMT).
In commodities, slipped 0.1% to $ 56.09 in barrel. gained 0.2% to $ 1.514.35 a troy ounce, while the, which measures the greenback against a basket of six major currencies, was flat at 98.250.
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