Wall-Mart surpasses expectations in first quarter of 2016

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Source: CNBC
Wall-Mart Stores reported higher-than-expected quarterly earnings on Thursday. Analysts estimated profit of $0.88 per share, but Wall-Mart chain announced $0.98 of net income per share. $115.9 billion quarterly revenue was posted instead of expected $113.22 billion. Shares of the shopping chain surged more than 8% pre-market by 11:30 GMT.
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Thu, 19 May 2016 13:17:15 GMT

US jobless claims decrease on Thursday from previous peak

Labour market in US improved over past week after initial jobless claims peaked previous week and reached 294,000 claims. Newest data released on Thursday indicated 278,000 new claims this week, although it was still more than expected by analysts, as they forecasted 275,000 claims. It is a big relief, since this unemployment indicator rose for past three weeks.

Thu, 19 May 2016 12:55:05 GMT

Wall Street futures trading down before market opening on Thursday

US futures for equity decreased on Thursday, as investors worldwide continued the sell-off after latest the Federal Reserve's meeting minutes, which hinted at a rate increase in June. If the US economic data continues to show consistent growth towards the targeted 2%, probability of a rate hike by the Fed will increase further. In the meantime, reacting to the news

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