Friday, March 15, 2013

Futures mixed with S&P 500 nearing new high

In this Wednesday, Jan. 23, 2013, photo, traders work on the floor of the New York Stock Exchange. World stock markets mostly refrained from big moves Friday March 15, 2013 as traders waited for a report on U.S. industrial production. (AP Photo/Richard Drew)

In this Wednesday, Jan. 23, 2013, photo, traders work on the floor of the New York Stock Exchange. World stock markets mostly refrained from big moves Friday March 15, 2013 as traders waited for a report on U.S. industrial production. (AP Photo/Richard Drew)

(AP) ? U.S. stock futures are mixed ahead of the release of the latest data on industrial production and consumer prices. Two major U.S. indexes are in position to test record highs.

Dow Jones industrial futures are down 6 points to 14,446. The broader S&P futures have lost a point to hit 1,555. Nasdaq futures are up 1.25 points to 2,801.25.

The S&P closed within two points of its all-time high Thursday and the Dow extended its reach into new territory during a 10th consecutive day of gains.

The Labor Department is expected to report Friday that consumer prices rose in February, largely because of higher gas prices.

The Federal Reserve posts industrial production numbers and most economists believe output at the nation's factories, mines and utilities increased 0.3 percent last month.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2013-03-15-Wall%20Street-Premarket/id-b147190a36e046b4b5c5912834e67ec4

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