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US Stock Futures Up; Jobless Claims, Apple Earnings In Focus

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US stock futures are higher this morning, as investors are awaiting weekly jobless claims data. Futures for the Dow Jones Industrial Average surged 65 points to 13,086.00 and S&P 500 index futures rose 9.20 points to 1,414.50. Nasdaq 100 futures gained 19 points to 2,669.50.

US stocks closed lower on Wednesday, with the Dow Jones Industrial Average dipping 0.19% to 13,077.34, the S&P 500 index falling 0.31% to 1,408.75 and the Nasdaq 100 index dropping 0.29% to 2,981.70.

Data on durable-goods orders for September and weekly jobless claims will be released at 8:30 a.m. ET. However, data on September pending home sales will be released at 10 a.m. ET.

The Dow Chemical Company (NYSE: DOW) is projected to report its Q3 EPS at $0.37 on revenue of $14.22 billion. Procter & Gamble Co (NYSE: PG) is projected to report its Q1 earnings at $0.96 per share on revenue of $20.78 billion. Altria Group (NYSE: MO) is estimated to report its Q3 earnings at $0.58 per share on revenue of $4.36 billion. Colgate-Palmolive Co (NYSE: CL) is projected to report its Q3 EPS at $1.38 on revenue of $4.39 billion.

ConocoPhillips (NYSE: COP) is estimated to report its Q3 earnings at 1.19 per share on revenue of $11.11 billion. Sprint Nextel (NYSE: S) is projected to report a Q3 loss at $0.43 per share on revenue of $8.81 billion. AutoNation (NYSE: AN) is projected to report its Q3 earnings at $0.67 per share on revenue of $3.95 billion.

Apple (NASDAQ: AAPL) is expected to post its Q4 EPS at $8.81 on revenue of $36.02 billion. The Hershey Company (NYSE: HSY) is expected to report its Q3 EPS at $0.86 on revenue of $1.75 billion. The New York Times Company (NYSE: NYT) is estimated to report its Q3 EPS at $0.08 on revenue of $479.23 million.

Zynga (NASDAQ: ZNGA) announced a share buyback plan and posted upbeat third-quarter revenue.

F5 Networks (NASDAQ: FFIV) issued a weak fiscal first-quarter forecast.

European markets were higher today. The STOXX Europe 600 Index rose 0.58%, London's FTSE 100 Index gained 0.42%, French CAC 40 Index climbed 0.68% and German DAX 30 index rose 0.61%.

Asian markets ended mostly higher, with Japan's Nikkei Stock Average surging 1.13%, China's Shanghai Composite dropping 0.68% and Australia's S&P/ASX 200 rising 0.06%. Hong Kong's Hang Seng index gained 0.21% and India's Sensex gained 0.29%.

Nymex crude-oil futures gained $0.75 to trade at $86.48 per barrel in electronic trade. However, gold futures gained $14.20 to $1,715.80 an ounce

The dollar index dropped 0.2% to trade at 79.779. The euro rose 0.4% against the dollar to trade at $1.3014.

The US dollar rose 0.4% versus the Japanese yen to trade at ¥80.14.

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

 

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