US Stock Futures Slightly Higher Ahead Of Presidential Election
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.
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