Market Overview

US Stock Futures Flat; Consumer Confidence Data In Focus

Share:
US Stock Futures Flat; Consumer Confidence Data In Focus
Related ANN
Benzinga's M&A Chatter for Wednesday May 6, 2015
Shares of Ann Jump 12% Amid Buyout Speculation
ANN (Investor's Business Daily)
Related FL
CNBC's Stock Pops & Drops From April 23
Citi's Top 2 Athletic Apparel Stocks

US stock futures are mostly flat this morning, ahead of consumer confidence data. Futures for the Dow Jones Industrial Average dropped 1 point to 13,224.00 and S&P 500 index futures fell 0.90 points to 1,412.20. Nasdaq 100 futures gained 4.75 points to 2,768.25.

US stocks closed higher on Thursday, with the Dow Jones Industrial Average surging 0.65% to 13,250.11, the S&P 500 index rising 0.71% to 1,415.51 and the Nasdaq 100 index gaining 1.04% to 3,062.39.

The University of Michigan is scheduled to release its consumer sentiment index for August at 9:55 a.m. ET.

ANN Inc (NYSE: ANN) is projected to report its Q2 earnings at $0.51 per share on revenue of $585.71 million. Foot Locker (NYSE: FL) is estimated to report its Q2 EPS at $0.32 on revenue of $1.34 billion.

The J. M. Smucker Company (NYSE: SJM) is projected to report its Q1 earnings at $1.00 per share on revenue of $1.30 billion. Hibbett Sports (NASDAQ: HIBB) is projected to report its Q2 EPS at $0.28 on revenue of $169.66 million.

Kirkland's (NASDAQ: KIRK) is expected to report a Q2 loss at $0.08 per share on revenue of $94.41 million. Casual Male Retail Group (NASDAQ: CMRG) is expected to report its Q2 EPS at $0.08 on revenue of $105.07 million.

Gap (NYSE: GPS) lifted its full-year earnings forecast.

Marvell Technology Group (NASDAQ: MRVL) reported downbeat second-quarter results.

Aeropostale (NYSE: ARO) issued a downbeat profit outlook for the current quarter.

European markets were higher today. The STOXX Europe 600 Index surged 0.38%, French CAC 40 index gained 0.42%. London's FTSE 100 Index moved up 0.29% and German DAX 30 index rose 0.33%.

Asian markets ended higher, with Japan's Nikkei Stock Average gaining 0.77%, China's Shanghai Composite rising 0.13% and Australia's S&P/ASX 200 moving up 0.93%. Hong Kong's Hang Seng index gained 0.77% and India's Sensex rose 0.19%.

Nymex crude-oil futures dropped $0.47 to trade at $95.13 a barrel in electronic trade, while gold futures fell $0.50 to $1,618.70 an ounce.

The dollar index (DXY) gained 0.01% to trade at 82.40. The euro gained 0.1% versus the dollar to trade at $1.2371.

The US dollar rose 0.2% against the Japanese yen to trade at ¥79.45.

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

 

Related Articles (ANN + ARO)

Around the Web, We're Loving...