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US Stock Futures Slightly Higher Ahead Of Presidential Election

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US stock futures are slightly higher this morning, ahead of the presidential election. Futures for the Dow Jones Industrial Average surged 11 points to 13,002.00 and S&P 500 index futures rose 0.50 points to 1,406.00. Nasdaq 100 futures gained 3.25 points to 2,644.25.

US stocks closed lower on Friday, with the Dow Jones Industrial Average dropping 0.86% to 13,118.34, the S&P 500 index falling 0.94% to 1,414.20 and the Nasdaq 100 index dipping 1.26% to 2,982.13.

The Institute for Supply Management is scheduled to release its non-manufacturing index for October at 10:00 a.m. ET.

McDermott International (NYSE: MDR) is projected to post its Q3 EPS at $0.24 on revenue of $984.82 million. Sysco (NYSE: SYY) is expected to report its Q1 earnings at $0.50 per share on revenue of $11.14 billion. IntercontinentalExchange (NYSE: ICE) is projected to post its Q3 earnings at $1.72 per share on revenue of $325.05 million.

Express Scripts Holding Company (NASDAQ: ESRX) is estimated to post its Q3 EPS at $0.99 on revenue of $27.49 billion. Time Warner Cable (NYSE: TWC) is projected to post its Q3 earnings at $1.43 per share on revenue of $5.39 billion. Church & Dwight Co (NYSE: CHD) is projected to post its Q3 EPS at $0.59 on revenue of $716.36 million.

Humana (NYSE: HUM) is projected to report its Q3 earnings at $2.05 per share on revenue of $9.86 billion. Tesla Motors (NASDAQ: TSLA) is estimated to post a Q3 loss at $0.90 per share on revenue of $48.29 million. Rockwell Automation (NYSE: ROK) is projected to post its FQ4 earnings at $1.32 per share on revenue of $1.62 billion. Consolidated Edison (NYSE: ED) is expected to post its Q3 EPS at $1.38 on revenue of $3.88 billion.

Berkshire Hathaway (NYSE: BRK-B) reported a 72% surge in its third-quarter profit.

European markets were lower today. The STOXX Europe 600 Index declined 0.65%, London's FTSE 100 Index fell 0.62%, French CAC 40 Index dropped 0.87% and German DAX 30 index declined 0.67%.

Asian markets ended mostly lower, with Japan's Nikkei Stock Average falling 0.48%, China's Shanghai Composite dropping 0.14% and Australia's S&P/ASX 200 rising 0.23%. Hong Kong's Hang Seng index declined 0.47% and India's Sensex gained 0.04%.

Gold futures for December delivery rose $4.80 to trade at $1,680.00 an ounce.

The ICE dollar index gained 0.21% to trade at 80.73, up from 80.600 in late North American trading Friday.

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

 

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