Market Overview

US Stock Futures Down; Gold Futures Rise

Share:
US Stock Futures Down; Gold Futures Rise
Related NFLX
Netflix Says It Takes People 3 Days After A Series Binge To Make New Show Commitment
Netflix Having A Strong Day
Troubling Trend: Content Licensing Costs So High, OTT Services Struggling To Become Profitable (Seeking Alpha)
Related FB
Gene Munster Leaving Piper Jaffray To Launch VC Firm
Facebook, Google Make Glassdoor's List Of Top 50 Places To Work
Facebook Is a Pass (GuruFocus)

US stock futures are slightly lower this morning. Futures for the Dow Jones Industrial Average dropped 17 points to 13,155.00 and S&P 500 index futures fell 1.90 points to 1,400.50. Nasdaq 100 futures declined 2 points to 2,719.00.

US stocks closed higher on Friday, with the Dow Jones Industrial Average surging 0.32% to 13,207.95, the S&P 500 index rising 0.22% to 1,405.87 and the Nasdaq 100 index gaining 0.07% to 3,020.86.

Netflix (NASDAQ: NFLX) CEO Reed Hastings bought around $1 million worth of shares in Facebook (NASDAQ: FB).

Sysco (NYSE: SYY) is projected to post its Q4 earnings at $0.54 per share on revenue of $11.04 billion. Aegean Marine Petroleum Network (NYSE: ANW) is estimated to post its Q2 earnings at $0.14 per share on revenue of $1.74 billion.

Groupon (NASDAQ: GRPN) is projected to post its Q2 earnings at $0.03 per share on revenue of $573.13 million. InterOil (NYSE: IOC) is expected to post its Q2 earnings at $0.06 per share on revenue of $258.30 million.

European markets were mixed today. The STOXX Europe 600 Index dropped 0.06%, French CAC 40 index rose 0.01%. London's FTSE 100 Index moved down 0.02% and German DAX 30 index rose 0.38%.

Asian markets ended mostly lower, with Japan's Nikkei Stock Average falling 0.07%, China's Shanghai Composite dropping 1.51% and Australia's S&P/ASX 200 moving up 0.16%. Hong Kong's Hang Seng index declined 0.27% and India's Sensex gained 0.43%.

Japan's GDP grew an annualized 1.4% in the three months to June.

Gold for December delivery gained $2.60 to $1,625.40 an ounce. However, oil for September delivery climbed $0.65 to trade at $93.52 a barrel.

The dollar index (DXY) dropped 0.09% to 82.49, versus 82.541 late Friday.

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

 

Related Articles (ANW + FB)

View Comments and Join the Discussion!