Tuesday, April 17, 2007

U.S. Stock-Index Futures Decline; IBM and Yahoo Retreat Before Earnings

(Bloomberg) -- U.S. stock-index futures dropped before a report that may show consumer prices in the country rose the most in almost a year, fueling concern the Federal Reserve may need to raise interest rates.

International Business Machines Corp., the world's largest computer-services company, and Yahoo! Inc., the owner of the most-visited U.S. Web site, declined before reporting first- quarter earnings.


Read more at Bloomberg Stocks News

No comments: