Stock Futures Remain Lower After Mixed Data; Oil's Surge in
February 26, 2011
U.S. stock futures remain lower, an indication of early broad-market weakness as oil remains above $100 a barrel. Futures did trim losses a bit but then resumed their decline as a report showed a drop in the weekly and the four-week average for jobless claims. Durable goods orders rose in line with expectations. GM is one early gainer after its latest earnings report. Earnings overall are mixed this morning, including some retailer weakness.