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US Stock Futures Slightly Lower Ahead Of Non-farm Payrolls Data

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US stock futures are slightly lower this morning, as investors are awaiting non-farm payrolls data. Futures for the Dow Jones Industrial Average dropped 8 points to 13,157.00 and S&P 500 index futures fell 0.90 points to 1,422.30. Nasdaq 100 futures declined 1.25 points to 2,683.50.

US stocks closed higher on Thursday, with the Dow Jones Industrial Average gaining 1.04% to 13,232.62, the S&P 500 index rising 1.09% to 1,427.59 and the Nasdaq 100 index jumping 1.44% to 3,020.06.

Data on non-farm payrolls for October will be released at 8:30 a.m. ET.

Cooper Tire & Rubber Co (NYSE: CTB) is projected to report its Q3 earnings at $0.86 per share on revenue of $1.11 billion. Gartner (NYSE: IT) is expected to report its Q3 earnings at $0.35 per share on revenue of $377.28 million. Progressive (NYSE: PGR) is estimated to report its Q4 EPS at $0.34 on revenue of $4.11 billion.

Chevron (NYSE: CVX) is estimated to post its Q3 earnings at $3.40 per share on revenue of $72.56 billion. Harman International Industries (NYSE: HAR) is projected to report its Q1 earnings at $0.78 per share on revenue of $1.08 billion.

Sealed Air (NYSE: SEE) is expected to report its Q3 earnings at $0.31 per share on revenue of $1.98 billion. Huntsman (NYSE: HUN) is expected to report its Q3 EPS at $0.51 on revenue of $2.90 billion. The Madison Square Garden Company (NASDAQ: MSG) is estimated to report its Q1 EPS at $0.18 on revenue of $203.90 million.

Starbucks (NASDAQ: SBUX) reported upbeat fourth-quarter results and lifted its profit outlook for the fiscal year.

Priceline.com (NASDAQ: PCLN) reported a 27% surge in its profit for the third quarter.

LinkedIn (NYSE: LNKD) reported better-than-expected third-quarter adjusted earnings.

European markets were mostly lower today. The STOXX Europe 600 Index climbed 0.01%, London's FTSE 100 Index fell 0.16%, French CAC 40 Index dropped 0.22% and German DAX 30 index declined 0.10%.

Asian markets ended higher, with Japan's Nikkei Stock Average rising 1.17%, China's Shanghai Composite gaining 0.60% and Australia's S&P/ASX 200 rising 0.08%. Hong Kong's Hang Seng index surged 1.33% and India's Sensex gained 0.99%.

Gold futures for December fell $7.60 to trade at $1,707.90 an ounce. However, crude oil for December dropped $0.80 to $86.29 per barrel.

The ICE dollar index (DXY) gained 0.34% to trade at 80.31, up from 80.052 late in North America Thursday. The euro dropped 0.5% versus the dollar to trade at $1.2877.

The US dollar gained 0.2% against the Japanese yen to trade at ¥ 80.2950.

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

 

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