How will the Stock Market open today, 12/10/08? The Stock Market and Dow Jones Futures are pointed higher this morning as the Auto Bailout is getting closer to a done deal. The White House and Congress reach in agreement on principle on 15 billion dollar bailout for the big three automakers. A government car czar would be appointed by President Bush as well.
In other news, after yesterdays close, Electronic Arts ( ERTS ) warned on earnings, Rio Tinto ( RTP ) plans to cut 14,000 jobs.
From a technical standpoint, we are looking good for the Nasdaq and Dow Jones for the remainder of the year.
Stock Market Futures - December 10th, 2008
Dow Jones Futures - Up 142
Nasdaq Futures - Up 17
S&P 500 Futures - Up 13
Today's Biggest Gainers - Pre Market
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