MARKET PULSE-Ballard Power, J.C. Penney, Finisar, Sears, Ambarella
(For more market insights, including options activity, click on ; for the Day Ahead newsletter link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stock index futures extended gains in volatile trading on Friday after data showed employers hired more workers than expected in November and the jobless rate fell to a five-year low, which could fan speculation the Federal Reserve could soon start reducing its bond purchases program. Dow Jones industrial average futures were up 0.95 percent at 15,967, S&P 500 futures were up 1.08 percent at 1,803.3 and Nasdaq 100 futures were up 0.87 percent at 3,509.
** J.C. PENNEY CO INC, Thursday close $8.85, -2.26 pct premarket
The struggling department store chain said it received a letter of inquiry from the U.S. Securities and Exchange Commission, seeking an explanation on the company's financial position.
** INTEL CORP, Thursday close $24.26, +2.76 pct premarket
Citigroup raised its rating on the chipmaker's stock to "buy" from "neutral," according to Theflyonthewall.com.
** BIG LOTS INC, Thursday close $37.13, -8.43 pct premarket Continued...