US Stock Futures Up Ahead Of Facebook IPO

US stock futures are higher this morning. Futures for the Dow Jones Industrial Average surged 46 points to 12,459.00 and S&P 500 index futures rose 5.70 points to 1,307.00. Nasdaq 100 futures gained 10.25 points to 2,515.00. US stocks closed lower on Thursday, with the Dow Jones Industrial Average dropping 1.24% to 12,442.49, the S&P 500 index declining 1.51% to 1,304.86 and the Nasdaq 100 index falling 2.10% to 2,813.69. Brown Shoe Co Inc BWS is expected to post its Q1 EPS at $0.09 on revenue of $600.70 million. Donaldson Company Inc DCI is projected to post its Q3 earnings at $0.43 per share on revenue of $649.88 million. Kirkland's Inc KIRK is projected to post its Q1 EPS at $0.10 on revenue of $97.80 million. Foot Locker Inc FL is estimated to post its Q1 earnings at $0.74 per share on revenue of $1.55 billion. Raven Industries Inc RAVN is expected to post its Q1 EPS at $0.89 on revenue of $112.42 million. Hibbett Sports Inc HIBB is projected to post its Q1 earnings at $0.92 per share on revenue of $225.9 million. Ann Inc ANN is projected to report its FQ1 earnings at $0.51 per share on revenue of $560 million. Facebook Inc FB will debut Friday on the stock markets. Facebook late Thursday priced 421.2 million shares at $38 per share. Aeropostale Inc ARO reported a decline in its first-quarter profit. European markets were lower today. The STOXX Europe 600 Index declined 1.02%, French CAC 40 index fell 0.17%. London's FTSE 100 Index moved down 1.28% and German DAX 30 index declined 0.53%. Moody's downgraded 16 Spanish banks. Asian markets ended mostly lower, with Japan's Nikkei Stock Average falling 2.99%, China's Shanghai Composite dropping 1.44% and Australia's S&P/ASX 200 moving down 2.61%. Hong Kong's Hang Seng index fell 1.30% and India's Sensex gained 0.51%. Nymex crude-oil futures dropped $0.09 to $92.47 a barrel in electronic trade. Gold futures gained $13.10 an ounce to trade at $1,588.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsFuturesGlobalPre-Market OutlookMarketsUS Stock Futures
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!