finance

Stocks poised for gains By CNNMoney.com staffSeptember 24, 2010: 5:28 AM ET   LONDON (CNNMoney.com) -- U.S. stocks were headed for a higher open Friday, although trading could be choppy with gold reaching a record high of $1,300 an ounce.  Dow Jones industrial average (INDU), S&P 500 (SPX) and Nasdaq (COMP) futures were all higher ahead of the opening bell. Futures measure current index values against perceived future performance.      *     *     *      * Email     * Print     * Comment  Wall Street had a rough session Thursday, ending with a late-stage slide. Investors have been fleeing risky stocks in favor of safe-haven investments like gold recently, fueling the precious metal's record run.  Economy: Investors will look to a report on new home sales, due out at 10 a.m. ET. The report comes a day after existing home sales came in slightly above expectations.  Companies: HSBC chief Michael Geoghegan is poised to leave the bank as part of a management shake-up, according to published reports.  World markets: European shares declined in morning trading. Britain's FTSE 100 fell 0.3%. Germany's DAX and France's CAC 40 were down roughly 0.4%.  In Asia, Japan's Nikkei index tumbled nearly 1%. The Shanghai Composite and Hang Seng in Hong Kong ended the day with slight gains.  Currencies and commodities: The dollar rose against the British pound and Japanese yen but fell versus the euro.  Gold futures for December delivery hit a record trading high of $1,300 an ounce. In recent trading, gold was up $3.10 at $1,299.40 an ounce.  To top of page

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