May 7, 2015, here are the stock futures updates, top market news, earnings reports, pre-market movers, and stocks to watch in the stock market today...
Dow futures today (Thursday) forecasted a 43-point decrease from Wednesday's Dow close. S&P futures were down 4.5 points, and the Nasdaq pre-market was down 12 points.
Stocks slumped Wednesday after U.S. Federal Reserve Chairwoman Janet Yellen said there are "dangers" in current U.S. stock valuations. "I would highlight that equity market valuations at this point generally are quite high," Yellen said. "There are potential dangers there." The report erased pre-market momentum and raised new concerns about the markets at a time when economic data suggests the U.S. economy contracted in the first quarter after years of Fed-induced stimulus and loose monetary policy.
[epom key="ddec3ef33420ef7c9964a4695c349764" redirect="" sourceid="" imported="false"]