Productivity and Jobs Data Helps Stocks Rebound; Futures Flat

[Stocks-to-Watch]

Stock futures were trading lower early this morning, but climbed back after the government released data showing that weekly jobless claims fell last week and productivity in January rose 0.7%.

Dow and S&P 500 futures were trading flat shortly after 8:30 a.m.

Merck (MRK) rose 1.2% after beating earnings expectations. Kellogg (K) was up 3.3% on better than expected earnings. Green Mountain Coffee Roasters (GMCR) jumped 22% after posting better than expected earnings and saying K-Cup sales more than doubled year over year. Dow Chemical (DOW) fell 2.2% after beating earnings expectations but missing revenue estimates. MasterCard (MA) rose 2.9% after beating earnings expectations.

Teen apparel retailer Abercrombie & Fitch (ANF) fell 13% after releasing disappointing same-store sales results, and forecasting earnings below expectations.

Other stocks were also moving on same-store sales data, and we will soon post a roundup of the results.



Original Article Source by Barrons.com