Stock Futures Mixed After US Default Averted - Spokane, North Idaho News & Weather KHQ.com

Stock Futures Mixed After US Default Averted

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NEW YORK (AP) - Stock futures are mixed after huge rally that followed an eleventh-hour deal to avert a default on U.S. debt.
    
Dow Jones industrial futures are down 33 points to 15,216. S&P futures have lost 1.9 points to 1,711.30. Nasdaq futures are up a half point to 3,264.50.
    
The deal reached in Congress Wednesday only allows the Treasury to borrow money through Feb. 7.
    
The Labor Department is expected to issue a weekly unemployment benefits report Thursday.
    
Economists forecast that applications fell sharply last week to a seasonally adjusted 342,000, according to a survey by FactSet. That would be down from 374,000 the previous week.
    
It's also a big day for corporate earnings, with UnitedHealth, Goldman Sachs, Verizon, Chipotle and Google reporting.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
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