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US Stock Futures Up Ahead Of Election

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US stock futures are higher this morning, ahead of the presidential election. Futures for the Dow Jones Industrial Average surged 42 points to 13,095.00 and S&P 500 index futures rose 5.30 points to 1,417.30. Nasdaq 100 futures gained 14.75 points to 2,677.00.

US stocks closed higher on Monday, with the Dow Jones Industrial Average rising 0.15% to 13,112.44, the S&P 500 index gaining 0.22% to 1,417.26 and the Nasdaq 100 index surging 0.59% to 2,999.66.

Data on September job openings will be released at 10 a.m. ET.

Discovery Communications (NASDAQ: DISCA) is projected to report its Q3 earnings at $0.63 per share on revenue of $1.09 billion. Cinemark Holdings (NYSE: CNK) is expected to report its Q3 EPS at $0.35 on revenue of $626.75 million. Emerson Electric Co (NYSE: EMR) is projected to report its Q4 EPS at $1.05 on revenue of $6.69 billion.

CVS Caremark (NYSE: CVS) is estimated to report its Q3 EPS at $0.84 on revenue of $30.09 billion. Fossil (NASDAQ: FOSL) is expected to report its Q3 earnings at $1.16 per share on revenue of $713.10 million. Liberty Interactive (NASDAQ: LINTA) is projected to report its Q3 EPS at $0.17 on revenue of $2.20 billion. OfficeMax (NYSE: OMX) is estimated to report its Q3 earnings at $0.25 per share on revenue of $1.78 billion.

Expeditors International of Washington (NASDAQ: EXPD) is projected to report its Q3 earnings at $0.43 per share on revenue of $1.60 billion. Office Depot (NYSE: ODP) is estimated to report its Q3 EPS at $0.01 on revenue of $2.73 billion. Computer Sciences Corporation (NYSE: CSC) is projected to report its Q2 EPS at $0.47 on revenue of $3.88 billion.

Express Scripts (NASDAQ: ESRX) reported a rise in its third-quarter profit. However, the company's quarterly revenue missed analysts' estimates.

Medifast (NYSE: MED) reported a better-than-expected third-quarter profit and issued an upbeat outlook for the current quarter.

European markets were higher today. The STOXX Europe 600 Index surged 0.46%, London's FTSE 100 Index rose 0.51%, French CAC 40 Index climbed 0.71% and German DAX 30 index gained 0.67%.

Asian markets ended mixed, with Japan's Nikkei Stock Average falling 0.36%, China's Shanghai Composite dropping 0.38% and Australia's S&P/ASX 200 rising 0.22%. Hong Kong's Hang Seng index declined 0.28% and India's Sensex gained 0.29%.

Crude oil for December delivery gained $0.43 to trade at $86.08 a barrel on Globex.

The ICE dollar index (DXY) fell 0.03% to trade at 80.69.

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

 

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