Market Overview

US Stock Futures Down Ahead Of Economic Data, Earnings

Share:
US Stock Futures Down Ahead Of Economic Data, Earnings
Related M
Fast Money Picks For April 21: Facebook, Under Armour, Potash Corp., Macy's
Top 4 Stocks In The Department Stores Industry With The Highest Dividend Yield
Related HFC
3 New ETFs For The Timid Investor
Credit Suisse To Oil Investors: Don't Invest For Supercontango
Understanding The Benjamin Graham Formula Correctly (Seeking Alpha)

US stock futures are lower this morning. Futures for the Dow Jones Industrial Average dropped 37 points to 13,082.00 and S&P 500 index futures fell 4.90 points to 1,392.10. Nasdaq 100 futures declined 3.75 points to 2,706.25.

US stocks closed higher on Tuesday, with the Dow Jones Industrial Average surging 0.39% to 13,168.60, the S&P 500 index rising 0.51% to 1,401.35 and the Nasdaq 100 index jumping 0.87% to 3,015.86.

Data on Q2 productivity and unit labor costs will be released at 8:30 a.m. ET.

Macy's (NYSE: M) is expected to report its Q2 earnings at $0.64 per share on revenue of $6.12 billion. HollyFrontier (NYSE: HFC) is expected to post its Q2 earnings at $2.26 per share on revenue of $5.15 billion. Dish Network (NASDAQ: DISH) is estimated to report its Q2 earnings at $0.66 per share on revenue of $3.64 billion.

PPL (NYSE: PPL) is projected to report its Q2 EPS at $0.41 on revenue of $2.24 billion. Ralph Lauren (NYSE: RL) is estimated to post its FQ1 earnings at $1.78 per share on revenue of $1.58 billion. Computer Sciences (NYSE: CSC) is expected to report its Q1 EPS at $0.22 on revenue of $3.89 billion.

Liberty Interactive (NASDAQ: LINTA) is estimated to report its Q2 EPS at $0.23 on revenue of $2.34 billion. Jack in the Box (NASDAQ: JACK) is projected to post its Q3 EPS at $0.35 on revenue of $509.85 million. News Corp (NASDAQ: NWSA) is expected to post its Q4 EPS at $0.32 on revenue of $8.73 billion.

Priceline.com (NASDAQ: PCLN) issued weaker-than-expected fiscal third-quarter forecast.

Walt Disney Co (NYSE: DIS) reported downbeat third-quarter revenue.

Express Scripts Holding Co (NASDAQ: ESRX) lifted its yearly earnings forecast.

European markets were lower today. The STOXX Europe 600 Index declined 0.63%, French CAC 40 index fell 0.75%. London's FTSE 100 Index moved down 0.46% and German DAX 30 index dropped 0.56%.

Asian markets ended mostly higher, with Japan's Nikkei Stock Average surging 0.88%, China's Shanghai Composite rising 0.16% and Australia's S&P/ASX 200 moving up 0.50%. Hong Kong's Hang Seng index dropped 0.04%.

The dollar index (DXY) gained 0.13% to trade at 82.42. The euro dropped 0.28% versus the dollar to trade at $1.2365, versus $1.2397 in North American activity late Tuesday.

The US dollar declined 0.4% versus the Japanese yen to trade at ¥78.30.

Nymex crude-oil futures delined $0.60 to trade at $93.07 a barrel. However, gold futures fell $3.20 to $1,609.60 an ounce.

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

 

Related Articles (CSC + DIS)

Around the Web, We're Loving...