Market Overview

US Stock Futures Flat; Jobless Claims, Retail Sales In Focus

Related CIEN
Network Stocks In Play Amid Riverbed Technology M&A
#PreMarket Primer: Friday, December 12: Oil Prices To Finish The Week Near 5-Year Low
Related ADBE
Must Watch Stocks for December 15, 2014
Shutterstock Sinks; Competitor In Deal With Adobe Systems
Wall Street Pulls Back as Oil Slump Lingers (Fox Business)

US stock futures are mostly flat this morning, as investors are awaiting economic data. Futures for the Dow Jones Industrial Average dropped 6 points to 13,225.00 and S&P 500 index futures fell 1.60 points to 1,425.60. Nasdaq 100 futures declined 0.25 points to 2,670.00.

US stocks closed mixed on Wednesday, with the Dow Jones Industrial Average dropping 0.02% to 13,245.45, the S&P 500 index rising 0.04% to 1,428.48 and the Nasdaq 100 index falling 0.28% to 3,013.81.

Data on weekly jobless claims, November retail sales and the producer price index for November will be released at 8:30 a.m. ET. Data on business inventories for October will be released at 10 a.m. ET.

CIENA (NASDAQ: CIEN) is estimated to post a Q4 loss at $0.06 per share on revenue of $468.28 million. Adobe Systems (NASDAQ: ADBE) is projected to post its Q4 earnings at $0.57 per share on revenue of $1.10 billion.

Hovnanian Enterprises (NYSE: HOV) is expected to report a Q4 loss at $0.06 per share on revenue of $461.75 million. Nordson (NASDAQ: NDSN) is projected to post its Q4 earnings at $1.03 per share on revenue of $418.02 million.

Quiksilver (NYSE: ZQK) is expected to post its Q4 earnings at $0.10 per share on revenue of $563.91 million. Pier 1 Imports (NYSE: PIR) is estimated to report its Q3 earnings at $0.24 per share on revenue of $418.49 million.

CA Technologies (NASDAQ: CA) appointed Michael Gregoire as its new chief executive.

Harbinger Group (NYSE: HRG) announced a secondary public offering of shares of its common stock by selling shareholders.

European markets were lower today. The STOXX Europe 600 Index fell 0.20%, London's FTSE 100 Index dropped 0.14%, French CAC 40 Index declined 0.06% and German DAX 30 index fell 0.32%.

Asian markets ended mostly lower, with Japan's Nikkei Stock Average rising 1.68%, China's Shanghai Composite dropping 1.02% and Australia's S&P/ASX 200 rising 0.02%. Hong Kong's Hang Seng Index fell 0.26% and India's Sensex dropped 0.65%.

Nymex crude-oil futures dropped $0.57 to trade at $86.20 a barrel in electronic trade.

The dollar index (DXY) gained 0.08% to trade at 79.96.

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

 

Related Articles (ADBE + CA)

Around the Web, We're Loving...

Get Benzinga's Newsletters