ADVFN US – Market Content Editor

U.S. index futures are registering a significant drop in pre-market trading this Wednesday, with the technology sector being the most affected. At 5:50 AM, Dow Jones futures (DOWI:DJI) fell 78 points, or 0.19%. S&P 500 futures lost 0.74%, and Nasdaq-100 futures retreated 1.23%. The 10-year Treasury yield stood at 4.17%. In the commodities market, oil…

Spirit Airlines (NYSE:SAVE) – Spirit Airlines reduced its revenue forecast for the second quarter to $1.28 billion, down from the previous estimate of $1.32-1.34 billion, due to lower ancillary revenue. Revenue per passenger is estimated at $64, below expectations. The adjusted negative operating margin is projected between 13.5% and 12.5%. Shares fell 6.33% in pre-market…

Distribution of Mt. Gox funds and its impact on the Bitcoin market Kraken exchange customers were informed via email that Mt. Gox refunds had been transferred to Kraken, with distribution expected within 7 to 14 days. Arkham Intelligence noted the movement of 48,641 Bitcoins, valued at $3.1 billion, from a Mt. Gox fiduciary wallet, suggesting…

With steep declines in auto and gasoline sales offset by strength in other areas, the Commerce Department released a report on Tuesday showing U.S. retail sales came in unchanged in the month of June. The Commerce Department said retail sales came in flat in June after rising by an upwardly revised 0.3 percent in May.…

The major U.S. index futures are currently pointing to a higher open on Tuesday, with stocks likely to add to the gains posted in the previous session. A positive reaction to some of the latest earnings news may generate early buying interest, with shares of Bank of America (NYSE:BAC) moving notably higher in pre-market trading…

U.S. index futures are mostly steady in pre-market trading on Tuesday, following a record Dow Jones closing for the 20th time this year on the previous day. At 5:36 AM, Dow Jones futures (DOWI:DJI) rose 33 points, or 0.08%. S&P 500 futures gained 0.02%, and Nasdaq-100 futures increased by 0.01%. The 10-year Treasury yield stood…