Market Overview

US Stock Futures Slightly Higher Ahead Of Housing Starts, Producer Price Index

Share:
Related DELL
Cyberark Software Jumps 12% On Analyst Upgrades
Analysts: Tablet Displacement Of PCs Slowing
Related DMD
Morning Market Gainers
Isis Shines, PTC Therapeutics Soars - Analyst Blog
Can Demand Media (DMD) Surprise This Earnings Season? - Analyst Blog (Zacks)

US stock futures are slightly higher this morning, as investors are awaiting housing starts data and the producer price index. Futures for the Dow Jones Industrial Average surged 7 points to 14,014.00 and S&P 500 index futures rose 1.20 points to 1,529.10. Nasdaq 100 futures gained 4.50 points to 2,785.00.

US stocks closed higher on Tuesday, with the Dow Jones Industrial Average surging 0.39% to 14,035.67, the S&P 500 index rising 0.73% to 1,530.94 and the Nasdaq 100 index gaining 0.68% to 3,213.59.

Data on housing starts for January and the producer price index for January will be released at 8:30 a.m. ET. The Federal Open Market Committee will release minutes of its latest meeting at 2:00 p.m. ET.

Dell (NASDAQ: DELL) reported upbeat fourth-quarter earnings.

Demand Media (NYSE: DMD) reported that its board is exploring a plan to split the company into two separate publicly traded firms.

Dish Network (NASDAQ: DISH) is estimated to report its Q4 earnings at $0.51 per share on revenue of $3.56 billion. Sonic Automotive (NYSE: SAH) is estimated to report its Q4 earnings at $0.50 per share on revenue of $2.33 billion. Tesla Motors (NASDAQ: TSLA) is projected to post a Q4 loss at $0.53 per share on revenue of $298.90 million.

Owens Corning (NYSE: OC) is expected to report its Q4 earnings at $0.16 per share on revenue of $1.16 billion. Garmin (NASDAQ: GRMN) is estimated to post its Q4 earnings at $0.73 per share on revenue of $833.43 million. KAR Auction Services (NYSE: KAR) is expected to post its Q4 earnings at $0.21 per share on revenue of $493.84 million.

Fluor (NYSE: FLR) is estimated to post its Q4 earnings at $0.98 per share on revenue of $7.20 billion. Williams Companies (NYSE: WMB) is projected to post its Q4 earnings at $0.26 per share on revenue of $2.03 billion. Crocs (NASDAQ: CROX) is estimated to post its Q4 earnings at $0.00 per share on revenue of $219.90 million. Devon Energy (NYSE: DVN) is expected to report its Q4 earnings at $0.75 per share on revenue of $2.37 billion.

European markets were mixed today. The STOXX Europe 600 Index fell 0.19%, London's FTSE 100 Index gained 0.35%, French CAC 40 Index fell 0.14% and German DAX 30 index rose 0.21%.

Asian markets ended higher, with Japan's Nikkei Stock Average surging 0.84%, China's Shanghai Composite gaining 0.60% and Australia's S&P/ASX 200 rising 0.26%. Hong Kong's Hang Seng Index climbed 0.71% and India's Sensex rose 0.04%.

The US dollar dropped 0.14% against the Japanese yen to trade at ¥93.44.

The ICE dollar index (DXY) fell 0.04% to trade at 80.48.

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

 

Related Articles (CROX + DELL)

Around the Web, We're Loving...