US Stock Futures Up; Retail Sales Data In Focus

US stock futures are higher this morning, as investors are awaiting retail sales data. Futures for the Dow Jones Industrial Average surged 28 points to 13,165.00 and S&P 500 index futures rose 2.90 points to 1,405.50. Nasdaq 100 futures gained 4.75 points to 2,732.75. US stocks closed mostly lower on Monday, with the Dow Jones Industrial Average dropping 0.29% to 13,169.43, the S&P 500 index falling 0.13% to 1,404.11 and the Nasdaq 100 index gaining 0.05% to 3,022.52. Data on retail sales and producer prices for July will be released at 8:30 a.m. ET. However, June inventories data will be released at 10 a.m. ET. Dick's Sporting Goods

is expected to report its Q2 earnings at $0.64 per share on revenue of $1.44 billion. The TJX Companies

is estimated to report its Q2 EPS at $0.55 on revenue of $5.99 billion. Saks

is expected to report a Q2 loss at $0.09 per share on revenue of $704.01 million. Estee Lauder Companies

is estimated to report its Q4 earnings at $0.16 per share on revenue of $2.21 billion. The Valspar

is projected to report its Q3 EPS at $0.96 on revenue of $1.13 billion. Michael Kors Holdings Ltd

is projected to report its Q1 earnings at $0.20 per share on revenue of $367.96 million. Towers Watson & Co

is expected to report its Q4 EPS at $1.24 on revenue of $868.08 million. Groupon

reported downbeat second-quarter revenue. Monster Beverage

doubled its share repurchase program to $500 million. German gross domestic product expanded 0.3% in the second quarter, versus the first quarter. Britain's annual consumer price index surged 2.6% in July. Euro-zone gross domestic product declined 0.2% in the second quarter, versus the prior quarter, according to a preliminary reading by Eurostat. European markets were higher today. The STOXX Europe 600 Index gained 0.50%, French CAC 40 index rose 0.50%. London's FTSE 100 Index moved up 0.50% and German DAX 30 index rose 0.78%. Asian markets ended higher, with Japan's Nikkei Stock Average gaining 0.50%, China's Shanghai Composite rising 0.30% and Australia's S&P/ASX 200 moving up 0.18%. Hong Kong's Hang Seng index surged 1.05% and India's Sensex gained 0.56%. Crude oil for September delivery gained $0.36 to $93.10 a barrel, while December gold climbed $2.90 to trade at $1,615.50 an ounce. The dollar index (DXY) declined 0.13% to 82.32, from 82.404 on Monday.