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US stock futures are higher this morning, ahead of economic data. Futures on the Dow Jones Industrial Average jumped 114 points to 12,114.00 and futures on the S&P 500 stock index rose 13 points to 1,256.50. Nasdaq 100 futures surged 21 points to 2,324.25.
US stocks closed flat on Friday, with the Dow Jones industrial average dropping 0.01% to 12,019.42, the broader Standard & Poor's 500 index declining 0.02% to 1,244.28 and the NASDAQ composite index gaining 0.03% to 2,626.93.
Factory orders data for October and the Institute for Supply Management's non-manufacturing report for November will be released at 10 a.m. ET. Investors are also awaiting a meeting between German Chancellor Angela Merkel and French President Nicolas Sarkozy in Paris today.
Dollar General Corp
DG is estimated to report its Q3 earnings at $0.47 per share on sales of $3.57 billion. Hi-Tech Pharmacal Co
HITK is projected to post its FQ2 EPS at $0.77 on sales of $51.4 million.
Pep Boys - Manny, Moe & Jack
PBY is expected to post its Q3 earnings at $0.13 per share on revenue of $523.17 million.
Walgreen Company
WAG is expected to issue its November monthly sales results.
Asian markets ended mostly higher, with Japan's Nikkei Stock Average surging 0.6043%, Australia's S&P/ASX 200 moving up 0.76% and China's Shanghai Composite dropping 1.16%. Hong Kong's Hang Seng Index rose 0.7316% and India's Sensex fell 0.25%.
European markets were higher today. The STOXX Europe 600 Index has gained 0.75%, London's FTSE 100 Index moved up 0.46%, German DAX 30 index rose 0.86% and France CAC 40 index gained 1.22%.
According to the latest Markit/CIPS purchasing managers index, activity in Britain's services sector rose to 52.1 in November.
Gold futures for February delivery fell 0.36% to $1,745.00 an ounce. However, oil futures for January delivery gained $0.82 to $101.78 a barrel.
The dollar index (DXY) dropped fell 0.28% to 78.47.
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Posted In: NewsFuturesGlobalPre-Market OutlookMarketsFrench President Nicolas SarkozyGerman Chancellor Angela MerkelUS Stock Futures
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