Stocks: Will momentum stick?

Written By limadu on Senin, 06 Mei 2013 | 17.42

nyse premarkets 050213

The S&P 500 and Dow Jones Industrial Average finished at record highs on Friday after U.S. job data surprised to the upside.

NEW YORK (CNNMoney)

Markets charged forward based on some better-than-expected jobs data, showing the U.S. economy added 165,000 jobs in April.

But trading could be quiet Monday, with few major corporate or economic reports scheduled for release.

U.S. stock futures found some support Monday morning, though markets look relatively subdued ahead of the opening bell.

First-quarter earnings season continues with results due in the morning from firms including Tyson Foods (TSN, Fortune 500) and private equity firm Apollo Global Management (APO).

Fear & Greed Index

After the bell on Friday, Warren Buffett's Berkshire Hathaway (BRKB) reported first-quarter earnings that blew past expectations, sending shares up in after-hours trading.

European markets are flat in morning trading, while Asian markets closed higher on the upbeat U.S. employment report. The Shanghai Composite added 1.2% and the Hang Seng increased 1.0%.

Exchanges in London and Tokyo were closed for holidays. To top of page

First Published: May 6, 2013: 5:10 AM ET


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