US Stock Futures Signal Lower Start On Wall Street

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US stock futures are lower this morning. Futures for the Dow Jones Industrial Average dipped 101 points to 12,482.00 and S&P 500 index futures fell 11.70 points to 1,321.70. Nasdaq 100 futures dropped 24.75 points to 2,534.75. US stocks closed higher on Tuesday, with the Dow Jones Industrial Average rising 1.01% to 12,580.69, the S&P 500 index gaining 1.11% to 1,332.42 and the Nasdaq 100 index surging 1.18% to 2,870.99. Booz Allen Hamilton Inc
BAH
is expected to post its Q4 earnings at $0.41 per share on revenue of $1.55 billion. Daktronics Inc
DAKT
is projected to post its Q4 EPS at $0.03 on revenue of $118.53 million. TiVo Inc
TIVO
is estimated to post a Q1 loss at $0.15 per share on revenue of $54.89 million. Coldwater Creek Inc
CWTR
is estimated to post a Q1 loss at $0.20 per share on revenue of $173.33 million. Yingli Green Energy Holding Co Ltd
YGE
is expected to post a Q1 loss at $0.21 per share on revenue of $448.86 million. REX American Resources Corporation
REX
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is estimated to post its Q1 EPS at $0.03 on revenue of $141.90 million. FormFactor Inc
FORM
lifted its second-quarter revenue forecast. Research in Motion Limited
RIMM
said it projects to report an operating loss for its fiscal first quarter. European markets were lower today. The STOXX Europe 600 Index declined 1.17%, London's FTSE 100 Index dropped 1.53%, French CAC 40 index fell 1.51% and German DAX 30 index dropped 1.17%. Asian markets ended lower, with Japan's Nikkei Stock Average dropping 0.28%, Chinese Shanghai Composite falling 0.21% and Australia's S&P/ASX 200 dropping 0.47%. Hong Kong's Hang Seng index tumbled 1.92% and India's Sensex fell 0.77%. The ICE dollar index (DXY) rose 0.2% to 82.68, versus 82.468 in North American trade Tuesday. The euro dropped 0.48% against the dollar to trade at $1.2443, versus $1.2493 late Tuesday. The US dollar fell 0.47% versus the Japanese yen to trade at ¥79.1250, versus ¥79.49. Crude-oil futures declined $1.29 to $89.47 a barrel in electronic trade.
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