Market Overview

US Stock Futures Down Ahead Of New-Home Sales Data

Related AEO
Markets Little Changed As The Quarter Comes To An End
American Eagle Outfitters Announces Entry into United Kingdom
American Eagle Issues Tepid 1Q Outlook (Fox Business)
Related TFM
Memories Of March Return As Momentum Stocks Hit Hard
Mid-Afternoon Market Update: The Fresh Market Drops Following Goldman Sachs Downgrade; Macquarie Infrastructure Shares Surge

US stock futures are slightly lower this morning, as investors are awaiting new-home sales data. Futures for the Dow Jones Industrial Average dropped 11 points to 12,851.00 and S&P 500 index futures fell 2.10 points to 1,395.30. Nasdaq 100 futures declined 3.25 points to 2,638.00.

US stocks closed lower on Tuesday, with the Dow Jones Industrial Average dropping 0.69% to 12,878.13, the S&P 500 index falling 0.52% to 1,398.94 and the Nasdaq 100 index declining 0.30% to 2,967.79.

Data on new-home sales for October will be released at 10 a.m. ET. The Federal Reserve is scheduled to release its Beige Book report at 2:00 p.m. ET.

American Eagle Outfitters (NYSE: AEO) is estimated to report its Q3 earnings at $0.39 per share on revenue of $873.26 million. The Fresh Market (NASDAQ: TFM) is expected to report its Q3 EPS at $0.26 on revenue of $318.60 million.

Express (NYSE: EXPR) is projected to report its Q3 earnings at $0.17 per share on revenue of $468.80 million. Pall (NYSE: PLL) is estimated to post its Q1 EPS at $0.66 on revenue of $633.94 million.

La-Z-Boy (NYSE: LZB) is projected to post its Q2 EPS at $0.20 on revenue of $325.38 million. rue21 (NASDAQ: RUE) is estimated to post its Q3 EPS at $0.39 on revenue of $228.85 million. JA Solar Holdings Co (NASDAQ: JASO) is projected to report a Q3 loss at $0.20 per share on revenue of $236.99 million.

Green Mountain Coffee Roasters (NASDAQ: GMCR) reported upbeat fiscal fourth-quarter results and lifted its earnings forecast for fiscal 2013.

Analog Devices (NYSE: ADI) issued downbeat forecast for the fiscal first quarter.

PVH (NYSE: PVH) reported a 47% rise in its fiscal third-quarter profit.

European markets were lower today. The STOXX Europe 600 Index fell 0.27%, London's FTSE 100 Index dropped 0.26%, French CAC 40 Index declined 0.36% and German DAX 30 index fell 0.15%.

Asian markets ended lower, with Japan's Nikkei Stock Average dropping 1.22%, China's Shanghai Composite dropping 0.89% and Australia's S&P/ASX 200 falling 0.24%. Hong Kong's Hang Seng Index declined 0.62%.

Crude-oil futures for January delivery dropped $0.40 to trade at $86.78 a barrel.

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

 

Most Popular

Related Articles (ADI + AEO)

Around the Web, We're Loving...

Partner Network

Get Benzinga's News Delivered Free