Shows & Panels
Shows & Panels
- The 2014 Big Picture on Cyber Security
- AFCEA Answers
- American Readiness: Renewable Power and Efficiency Technologies
- Ask the CIO
- Building the Hybrid Cloud
- Connected Government: How to Build and Procure Network Services for the Future
- Continuing Diagnostics and Mitigation: Discussion of Progress and Next Steps
- Federal Executive Forum
- Federal News Radio's National Cyber Security Awareness Month Special Panel Discussion
- Federal Tech Talk
- The Future of Government Data Centers
- The Future of IT: How CIOs Can Enable the Service-Oriented Enterprise
- Government Perspectives on Mobility and the Cloud
- The Intersection: Where Technology Meets Transformation
- Maximizing ROI Through Data Center Consolidation
- Mitigating Insider Threats in Virtual & Cloud Environments
- Modern Mission Critical Series
- The New Generation of Database
- Reimagining the Next Generation of Government
- Targeting Advanced Threats: Proven Methods from Detection through Remediation
- Transformative Technology: Desktop Virtualization in Government
- The Truth About IT Opex and Software Defined Networking
- Air Traffic Management Transformation Report
- Cloud First Report
- General Dynamics IT Enterprise Center
- Gov Cloud Minute
- Government in Technology Series
- Homeland Security Cybersecurity Market Report
- National Cybersecurity Awareness Month
- Technology Insights
- The Cyber Security Report
- The Next Generation Cyber Security Experts
Shows & Panels
Futures pointing higher after previous day's rout
Thursday - 5/2/2013, 9:58am EDT
NEW YORK (AP) -- Stock futures rebounded after a triple-digit sell-off on the Dow as the central bank in Europe cut interest rates again Thursday and the U.S. deficit with China hit a three-year low.
The number of Americans seeking unemployment benefits last week also fell to the lowest point since January 2008.
Dow Jones industrial futures rose 72 points to 14,708. S&P futures added 7.9 points to 1,585.20. Nasdaq futures added 16.75 points to 2,880.25.
General Motors topped Wall Street expectations for the first quarter, even while the carmaker struggled with losses in Europe, where unemployment has reached the highest levels since the launch of the euro in 1999.
The Labor Department said Thursday that weekly applications for unemployment benefits fell 18,000, to a seasonally adjusted 324,000. That's the second time applications have dropped sharply in as many weeks.
The four-week average, a less volatile measure, plummeted 16,000 to 342,250.
The U.S. trade deficit, driven by falling crude imports, fell in March for the second consecutive month, the Commerce Department said.
The 11 percent decline, to $38.8 billion, comes even as U.S. exports slipped.
Economists believe the deficit will narrow this year as U.S. exports pick up.
The interest-rate cut in Europe was widely expected given the economic climate there, with new strains becoming apparent even in Germany, the continent's economic powerhouse.
Still, markets had been subdued in early trading until the European Central Bank confirmed that it would lower the refinancing rate a quarter-point to 0.5 percent.
After strong showing from Facebook and Yelp late Wednesday, shares of LinkedIn, which posts earnings after the closing bell, rose before the opening bell.
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.