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US stock futures are higher this morning, as investors are awaiting earnings nonfarm payrolls data. Futures for the Dow Jones Industrial Average surged 65 points to 13,862.00 and S&P 500 index futures rose 5.30 points to 1,498.50. Nasdaq 100 futures jumped 10.25 points to 2,735.25.

US stocks closed lower on Thursday, with the Dow Jones Industrial Average dropping 0.36% to 13,860.58, the S&P 500 index falling 0.26% to 1,498.11 and the Nasdaq 100 index declining 0.01% to 3,142.13.

Data on nonfarm payroll employment for January will be released at 8:30 a.m. ET, while the Markit flash PMI manufacturing index for January will be released at 8:58 a.m. ET. The Reuters/University of Michigan's consumer sentiment index for January will be released at 9:55 a.m. ET. The ISM manufacturing index for January and construction spending data for December will be released at 10:00 a.m. ET.

Mattel (NASDAQ: MAT) is projected to report its Q4 earnings at $1.15 per share on revenue of $2.29 billion. Exxon Mobil (NYSE: XOM) is estimated to report its Q4 earnings at $2.00 per share on revenue of $115.22 billion. Merck & Co (NYSE: MRK) is estimated to report its Q4 earnings at $0.81 per share on revenue of $11.48 billion.

Tyson Foods (NYSE: TSN) is expected to report its Q1 earnings at $0.40 per share on revenue of $8.61 billion. Chevron (NYSE: CVX) is projected to report its Q4 earnings at $3.04 per share on revenue of $68.64 billion. Newell Rubbermaid (NYSE: NWL) is expected to report its Q4 earnings at $0.42 per share on revenue of $1.52 billion.

Brown & Brown (NYSE: BRO) is expected to post its Q4 earnings at $0.27 per share on revenue of $286.45 million. Legg Mason (NYSE: LM) is projected to report a Q3 loss at $3.23 per share on revenue of $677.45 million. Franklin Resources (NYSE: BEN) is estimated to report its Q4 earnings at $2.38 per share on revenue of $1.90 billion.

Wynn Resorts (NASDAQ: WYNN) reported a drop in its fourth-quarter profit.

McKesson (NYSE: MCK) reported downbeat fiscal third-quarter earnings and narrowed its profit forecast for the fiscal year.

European markets were higher today. The STOXX Europe 600 Index rose 0.38%, London's FTSE 100 Index gained 0.69%, German DAX 30 Index rose 0.72% and French CAC 40 Index surged 0.86%.

Asian markets ended mostly higher, with Japan's Nikkei Stock Average rising 0.47%, China's Shanghai Composite surging 1.41% and Australia's S&P/ASX 200 Index rising 0.83%. Hong Kong's Hang Seng Index declined 0.03% and India's Sensex dropped 0.57%.

Japanese unemployment rate surged to 4.2% in December. However, economists were expecting jobless rate at 4.1%.

The dollar index (DXY) dropped 0.28% to trade at 78.99.

The dollar climbed 0.45% versus the Japanese yen to trade at ¥92.13. The euro gained 0.51% against the dollar to trade at $1.3648.

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

 

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