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US Futures Kick Off in Green

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  • Description

    FBN's Diane Macedo with a world market update and a recap of last week's stocks.

  • Duration 1:54
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Morning everyone checking the markets right now let's start with Asia where stocks -- ended the day mostly higher.

Hong Kong's Hang Seng finished just a little bit lower there.

China Central Bank issued a statement saying inflation pressures remain high and that's raising concern that an interest rate hike may be on the way.

Some reports say it could come as early as this weekend.

Checking the European market stuck there are mixed at the moment London's up thirteen but Paris is down thirteen.

And the Dax is up eighteen traders there are being cautious following that statement from China.

And here in the US futures are Green across -- Dow futures are currently up 29 points the S&P -- up a little over one point.

And the NASDAQ up nine points traders will go back to work on Wall Street today following one of the best weeks for stocks in two years.

Shares were boosted on Friday by a better than expected report on manufacturing.

And all thirty Dow stocks finished the day higher.

The bidding for Southern Union is heating up Energy Transfer Equity is raising its bid.

The offer now stands at eight point nine billion dollars or forty dollars per share including debt.

That's slightly higher than the Southern Union in the bid setting union received from Williams.

ET -- originally offered seven point nine billion for the company.

Exxon's oil leak in the Yellowstone river could extend farther than originally thought.

The oil giant is working to clean up roughly 1000 barrels of oil that leaked into the river after a pipeline broke.

It's focusing cleanup efforts on a fifteen mile stretch near the site of the spill.

But there are complaints and problems further downstream and one -- -- official pledged to do quote.

Whatever is necessary to clean up the spill.

Jon Corzine is joining forces with President Obama according to the New York Post -- and has been recruited to help the president's reelection campaign.

By working to raise money from the banking industry.

Imus in the morning continues right now what Fox Business.

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