5 Things You Should Know Before the Stock Market Opens
NEW YORK (TheStreet) -- U.S. stock futures indicated Wall Street would open higher Friday as European markets posted a slight recovery.
European stocks were rising after three straight days of losses. It appeared Eurozone finance ministers would agree to increase the region's bailout funds to around €800 billion, according to The Associated Press.
Stocks in Japan and Hong Kong declined.
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Friday's economic calendar in the U.S. includes personal income and spending for February at 8:30 a.m. EDT; the Chicago purchasing managers index for March at 9:45 a.m.; and the final University of Michigan consumer sentiment reading for March at 9:55 a.m.
Research In Motion(RIMM) , the troubled BlackBerry maker, missed fourth-quarter analysts' expectations, said it would no longer provide quarterly forecasts, and announced former co-CEO Jim Balsillie is resigning from the board.
