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Thursday, Dec 13, 2012 1:30 PM UTC

US futures mixed ahead of jobs, retail reports

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Topics: From the Wires,

US futures mixed ahead of jobs, retail reportsFILE - In this Tuesday, Dec. 11, 2012 file photo, trader Jeffrey Vazquez, right, works on the floor of the New York Stock Exchange. Any enthusiasm over another monetary stimulus from the Federal Reserve faded Thursday Dec. 13, 2012 as investors monitored the progress of budget discussions in the U.S. (AP Photo/Richard Drew, File) (Credit: AP)

NEW YORK (AP) — Stock futures are mixed ahead of a busy day for economic indicators.

Dow Jones industrial futures are up 5 points to 13,235. The broader S&P futures have fallen 1.3 points to 1,425.90. Nasdaq futures are up 0.25 points to 2,670.50.

Economists expect a Commerce Department report Thursday to show that Americans began spending more in stores in November as the Northeast puts Superstorm Sandy behind it and the holiday shopping season kicks into high gear.

The Labor Department posts last week’s applications for unemployment benefits and that is expected to be relatively flat. The department is also releasing its wholesale prices report for November.

The market briefly rallied Wednesday following the Federal Reserve’s latest economic stimulus program, a monthly $85 billion bond program. But stocks finished little changed.

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