Market Overview

US Stock Futures Flat; Bank of America Earnings In Focus

Share:
Related BAC
These 5 Financial Stocks Are Priced Below Book Value
New King Digital IPO Lawsuit Targets JP Morgan, Bank Of America, Credit Suisse
U.S. Banks Stock Outlook - March/April 2015 - Industry Outlook (Zacks)
Related APH
UPDATE: Amphenol Posts Upbeat Q4 Earnings, Announces New Stock Repurchase Program
Earnings Scheduled For January 21, 2015
The Best Stocks To Buy This Week (Seeking Alpha)

US stock futures are flat this morning, as investors are awaiting earnings from Bank of America (NYSE: BAC). Futures for the Dow Jones Industrial Average dropped 7 points to 13,430.00 and S&P 500 index futures rose 0.30 points to 1,465.90. Nasdaq 100 futures gained 4 points to 2,730.25.

US stocks closed slightly higher on Wednesday, with the Dow Jones Industrial Average dropping 0.17% to 13,511.23, the S&P 500 index gaining 0.02% to 1,472.63 and the Nasdaq 100 index rising 0.22% to 3,117.54.

Data on weekly jobless claims and housing starts for December will be released at 8:30 a.m. ET. The Philadelphia Federal Reserve's manufacturing index for January will be released at 10:00 a.m. ET.

Bank of America is projected to report its Q4 earnings at $0.02 per share on revenue of $21.03 billion. Amphenol (NYSE: APH) is expected to report its Q4 earnings at $0.90 per share on revenue of $1.11 billion. UnitedHealth Group (NYSE: UNH) is expected to report its Q4 earnings at $1.20 per share on revenue of $28.20 billion.

BB&T (NYSE: BBT) is expected to report its Q4 earnings at $0.70 per share on revenue of $2.46 billion. American Express Company (NYSE: AXP) is projected to post its Q4 earnings at $1.09 per share on revenue of $8.14 billion. Capital One Financial (NYSE: COF) is projected to post its Q4 earnings at $1.61 per share on revenue of $5.87 billion.

Fastenal Company (NASDAQ: FAST) is estimated to report its Q4 earnings at $0.33 per share on revenue of $759.51 million. BlackRock (NYSE: BLK) is projected to report its Q4 earnings at $3.73 per share on revenue of $2.49 billion. Intel (NASDAQ: INTC) is estimated to post its Q4 earnings at $0.45 per share on revenue of $13.53 billion. Fifth Third Bancorp (NASDAQ: FITB) is expected to report its Q4 earnings at $0.41 per share on revenue of $1.65 billion.

eBay (NASDAQ: EBAY) reported a 17% rise in its fourth-quarter adjusted earnings.

CLARCOR (NYSE: CLC) reported a 2.5% drop in its fiscal fourth-quarter earnings.

European markets were mostly lower today. The STOXX Europe 600 Index fell 0.05%, London's FTSE 100 Index dropped 0.09%, German DAX 30 Index dropped 0.33% and French CAC 40 Index rose 0.39%.

Asian markets ended mixed, with Japan's Nikkei Stock Average rising 0.09%, China's Shanghai Composite dropping 1.06% and Australia's S&P/ASX 200 Index rising 0.31%. Hong Kong's Hang Seng Index fell 0.07% and India's Sensex surged 0.74%.

Crude-oil futures for February delivery gained $0.18 to trade at $94.42 a barrel in electronic trading.

Gold futures for delivery in February fell $0.80 to $1,682.40 an ounce in electronic trading.

The ICE dollar index (DXY) declined 0.21% to trade at 79.64, from 79.807 in North America late on Wednesday.

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

 

Related Articles (APH + AXP)

Around the Web, We're Loving...