Market Overview

US Stock Futures Flat As Investors Await Payrolls Data

US stock futures are flat this morning, ahead of October non-farm payrolls data. Futures for the Dow Jones Industrial Average gained 7 points to 11,983.00 and S&P 500 index futures rose 0.30 points to 1,256.00. Nasdaq 100 futures gained 0.25 points to 2,361.25.

US stocks closed higher on Thursday, with the Dow Jones Industrial Average surging 1.76% to 12,044.47, the S&P 500 index rising 1.88% to 1,261.15 and the Nasdaq 100 index gaining 2.20% to 2,697.97.

The Labor Department is scheduled to release the October employment report at 8:30 a.m. ET.

Windstream Corporation (NASDAQ: WIN) is expected to report its Q3 EPS at $0.20 on revenue of $1.03 billion. Pepco Holdings Inc (NYSE: POM) is projected to report its Q3 profit at $0.41 per share on sales of $2.01 billion. U.S. Cellular Corp (NYSE: USM) is projected to report its Q3 earnings at $0.55 per share on sales of $1.09 billion.

Church & Dwight Company Inc (NYSE: CHD) is expected to report its Q3 EPS at $0.53 on revenue of $691.52 million. Washington Post Co (NYSE: WPO) is projected to report its Q3 profit at $3.85 per share on revenue of $1 billion.

Interline Brands Inc (NYSE: IBI) is projected to report its Q3 EPS at $0.35 on revenue of $326.58 million. Cinemark Holdings Inc (NYSE: CNK) is estimated to report its Q3 earnings at $0.42 per share on sales of $620 million.

Starbucks Corp (NASDAQ: SBUX) reported around 29% surge in its fiscal fourth-quarter profit.

LinkedIn Corp (NYSE: LNKD) reported a loss in the third quarter.

CBS Corp (NYSE: CBS) reported strong third-quarter profit. The company's quarterly net income climbed to $338 million, or $0.50 per share, from $317 million, or $0.46 per share, in the year-ago period. However, analysts were expecting earnings of $0.46 per share.

European markets were higher today. The STOXX Europe 600 Index rose 0.39%, London's FTSE 100 Index moved up 0.66%, French CAC 40 index rose 0.66% and German DAX 30 index surged 0.20%.

Asian markets ended higher, with Japan's Nikkei Stock Average rising 1.8389%, Australia's S&P/ASX 200 moving up 2.48% and China's Shanghai Composite rising 0.81%. Hong Kong's Hang Seng Index surged 3.1196% and India's Sensex gained 0.46%.

Posted-In: US Stock FuturesNews Futures Global Pre-Market Outlook Markets

 

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