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US Stock Futures Up Ahead Of ISM Data

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US stock futures are higher this morning, as investors are awaiting economic data. Futures for the Dow Jones Industrial Average gained 42 points to 13,887.00 and S&P 500 index futures rose 5.90 points to 1,499.20. Nasdaq 100 futures climbed 7.50 points to 2,719.00.

US stocks closed lower on Monday, with the Dow Jones Industrial Average dropping 0.93% to 13,880.08, the S&P 500 index falling 1.15% to 1,495.71 and the Nasdaq 100 index tumbling 1.51% to 3,131.17.

The ISM non-manufacturing index for January will be released at 10:00 a.m. ET.

Kellogg Company (NYSE: K) is projected to report its Q4 earnings at $0.66 per share on revenue of $3.44 billion. Archer Daniels Midland Company (NYSE: ADM) is expected to report its Q4 earnings at $0.56 per share on revenue of $23.67 billion. The Walt Disney Company (NYSE: DIS) is estimated to post its Q1 EPS at $0.76 on revenue of $11.21 billion.

CH Robinson Worldwide (NASDAQ: CHRW) is expected to post its Q4 EPS at $0.70 on revenue of $2.87 billion. Becton, Dickinson and Company (NYSE: BDX) is estimated to report its Q1 earnings at $1.24 per share on revenue of $1.86 billion. Computer Sciences (NYSE: CSC) is expected to report its Q3 earnings at $0.62 per share on revenue of $3.76 billion.

Expedia (NASDAQ: EXPE) is projected to post its Q4 earnings at $0.65 per share on revenue of $929.84 million. Emerson Electric Co (NYSE: EMR) is estimated to report its Q1 earnings at $0.62 per share on revenue of $5.43 billion. Zynga (NASDAQ: ZNGA) is projected to post a Q4 loss at $0.03 per share on revenue of $212.11 million.

Yum! Brands (NYSE: YUM) reported a 5% drop in its fourth-quarter profit. Yum

Baidu (NASDAQ: BIDU) reported a 36% surge in its fourth-quarter profit.

European markets were higher today. The STOXX Europe 600 Index rose 0.54%, London's FTSE 100 Index gained 0.40%, German DAX 30 Index rose 0.04% and French CAC 40 Index surged 0.84%.

Asian markets ended mostly lower, with Japan's Nikkei Stock Average falling 1.90%, China's Shanghai Composite surging 0.20% and Australia's S&P/ASX 200 Index dropping 0.54%. Hong Kong's Hang Seng Index declined 2.27% and India's Sensex dropped 0.46%.

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

 

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