US STOCKS-Futures signal weak open on anniversary of bottom

* Markets mark one-year anniversary of recession bottom

* Texas Instruments raises view, struggles to fill orders

* Crude falls on stronger dollar, ahead of inventory data

* Futures down: Dow 18 pts, S&P 4 pts, Nasdaq 3.75 pts

* For up-to-the-minute market news, click [STXNEWS/US]
(Updates prices, adds new quote, Dick’s Sporting results)

By Ryan Vlastelica

NEW YORK, March 9 (BestGrowthStock) – U.S. stock index futures
pointed to a modestly lower open on Tuesday, the anniversary of
the lows reached in the recession, as the dollar strengthened
and pressured commodity prices.

One year ago, markets hit a more than 12-year low in the
wake of the financial crisis. The Dow has rallied about 62
percent since then.

“The anniversary will remind investors how far we’ve come
and how bad things were, and that could push a little
rationality back into the market for those who have been
chasing the market and expecting further gains,” said Alan
Lancz, president of Alan B. Lancz & Associates in Toledo,
Ohio.

Lancz noted that stocks have rallied in recent sessions,
closing out last week with gains of more than 2 percent in all
major indexes. “To move higher from here, we need a catalyst
and we don’t have one,” he said.

S&P 500 futures (SPc1: ) fell 4 points and were below fair
value, a formula that evaluates pricing by taking into account
interest rates, dividends and time to expiration on the
contract. Dow Jones industrial average futures (DJc1: ) lost 18
points, and Nasdaq 100 futures (NDc1: ) slid 3.75 points.

Technology shares will also be in focus a day after Texas
Instruments Inc (TXN.N: ) raised its quarterly earnings and
revenue forecast but said it was struggling to fill orders due
to increased demand for chips. The stock fell 1.6 percent to
$24.30 before the bell. For details, see [ID:nN08195713]

Oil prices slipped back from eight-week highs, falling 2
percent to $80.31 per barrel on a stronger dollar and
expectations that crude inventories likely rose for a sixth
straight week. [ID:nLDE6280F1]

Marsh & McLennan Cos Inc (MMC.N: ) put its security
consulting business up for sale for $1.3 billion, the Financial
Times reported. [ID:nN08203254]

On the earnings front, Dick’s Sporting Goods Inc (DKS.N: )
fell 2.4 percent to $25 in premarket trading after it reported
fourth-quarter earnings above expectations and forecast a 2011
profit that could top estimates. [ID:nSGE6280E2]

According to a quarterly survey by Manpower Inc (MAN.N: ),
U.S. employers are slightly less willing to hire workers in the
coming quarter than they were in the last period.
[ID:nN09173326]

European equities dropped 0.7 percent in morning trade,
with declines in financial and mining stocks outweighing
strength in food producers such as Nestle (NESN.VX: ), Unilever
(ULVR.L: ) and Danone (DANO.PA: ).

Tech stocks pushed the Nasdaq higher on Monday on an
otherwise flat day for U.S. stocks (Read more about the stock market today. ), led by BlackBerry maker
Research in Motion Ltd (RIMM.O: ) and Cisco Systems Inc
(CSCO.O: ).

About 7.06 billion shares were traded on the New York Stock
Exchange, the American Stock Exchange and Nasdaq in Monday’s
session, the second weakest total volume so far this year.

Stock Market Trading

(Editing by Jeffrey Benkoe)

US STOCKS-Futures signal weak open on anniversary of bottom