Wednesday, April 11, 2007

US STOCKS-Wall St. set for flat open; Alcoa gains

(Reuters) - NEW YORK, April 11 - U.S. stock futures pointed to a flat market open on Wednesday after Alcoa Inc. began the first-quarter earnings season with strong results, but the Dow industrials may be primed for a pullback after eight straight days of gains.

Shares of Alcoa, the world's largest aluminum company, rose after it said on Tuesday that profit beat Wall Street estimates. Its shares gained 2.4 percent to $35.75 in trading before the opening bell. For details, see [ID:nN10420894].


Read more at Reuters.com Bonds News

No comments: