Market Overview

US Stock Futures Edge Up; Euro Rises Against Dollar

Related AZO
Worst Performing Industries For August 13, 2014
Investors Focus On Earnings Rather Than Geopolitical Tensions
Goldman: Take Office Depot Over Staples (Fox Business)
Related BIG
CNBC's Stock Pops & Drops From August 29
Market Wrap For Friday, August 29: Gas Prices Lower Into Holiday Weekend Despite Crude Rally
Big Lots Soars After 1Q Beat (Fox Business)

US stock futures are slightly higher this morning. Futures for the Dow Jones Industrial Average surged 15 points to 12,965.00 and S&P 500 index futures rose 1.20 points to 1,408.30. Nasdaq 100 futures gained 4.25 points to 2,674.25.

US stocks closed lower on Monday, with the Dow Jones Industrial Average dropping 0.46% to 12,965.60, the S&P 500 index declining 0.47% to 1,404.64 and the Nasdaq 100 index falling 0.27% to 3,002.20.

AutoZone (NYSE: AZO) is estimated to report its Q1 earnings at $5.39 per share on revenue of $2.02 billion. Big Lots (NYSE: BIG) is projected to post a Q3 loss at $0.24 per share on revenue of $1.14 billion.

Toll Brothers (NYSE: TOL) is estimated to post its Q4 earnings at $0.24 per share on revenue of $566.74 million. Pandora Media (NYSE: P) is expected to post its Q3 EPS at $0.01 on revenue of $117.07 million.

NCI Building Systems (NYSE: NCS) is expected to post its Q4 EPS at $0.08 on revenue of $354.80 million. Mattress Firm Holding (NASDAQ: MFRM) is projected to post its Q3 EPS at $0.46 on revenue of $271.59 million.

Oracle (NASDAQ: ORCL) announced its plans to pay three upcoming quarterly dividends on December 21.

Geron (NASDAQ: GERN) announced its plans to end development of GRN1005, an experimental brain cancer drug. It also announced its plans to cut 43 jobs.

Pep Boys-Manny Moe & Jack (NYSE: PBY) posted a loss in the fiscal third quarter.

European markets were higher today. The STOXX Europe 600 Index rose 0.33%, London's FTSE 100 Index gained 0.19%, French CAC 40 Index surged 0.82% and German DAX 30 index rose 0.16%.

Asian markets ended mixed, with Japan's Nikkei Stock Average falling 0.27%, China's Shanghai Composite gaining 0.78% and Australia's S&P/ASX 200 dropping 0.62%. Hong Kong's Hang Seng Index rose 0.15% and India's Sensex climbed 0.22%.

Australia's central bank lowered its key cash rate by a quarter percentage point to 3% on Tuesday.

Gold for February delivery declined $14.60 to trade at $1,706.50 an ounce. However, crude oil for January delivery gained 0.03% to $89.12 a barrel on the NYMEX.

The ICE dollar index (DXY) fell 0.16% to trade at 79.76, down from 79.909 in late North American trade Monday. The euro gained 0.18% versus the dollar to trade at $1.3077, versus $1.3054.

The US dollar dropped 0.34% versus the Japanese yen to trade at ¥81.9750, down from ¥82.19 on Monday.

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

 

Related Articles (AZO + BIG)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters