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Market Update Analysis: 
Economic Data Boost Stock Futures
Author: Elena Todorova
123jump.com
Last Update: 9:14 AM EST February 15 2007


U.S. stock futures advanced on Thursday, bolstered by bigger-than-expected rise in manufacturing activity in the New York area in February and a larger drop in January import prices. The U.S. Labor Department said that prices for imported goods fell 1.2%, vs. expectations of a 1.1% drop. It was also reported that initial jobless claims rose 44,000 during the week ending Feb. 10 to 357,000, the highest level seen since late November.

 

 

 

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