Market Overview

US Stock Futures Flat, Crude Oil Rises

Share:
Related NKE
'Challenging Environment' For Brands In China
Obama Facing An Uphill Battle On Pacific Trade Deal
In Volatile Market, Steady Stocks Can Be Favored (Investor's Business Daily)
Related MU
Viking Global's Shareholder Letter Talks New Positions In Google, Cheniere, Biggest Winners & Losers
Stifel's Conclusions From Meeting With Micron's Management
BRCM, STM, ADI, IDTI, SNDK, MU land Apple Watch design wins (Seeking Alpha)

US stock futures are mostly flat this morning, as investors are awaiting economic data. Futures for the Dow Jones Industrial Average gained 9 points to 14,359.00 and S&P 500 index futures fell 0.10 points to 1,539.30. Nasdaq 100 futures gained 0.50 points to 2,770.75.

US stocks closed lower on Thursday, with the Dow Jones Industrial Average dropping 0.62% to 14,421.49, the S&P 500 index falling 0.83% to 1,545.80 and the Nasdaq 100 index declining 0.97% to 3,222.60.

Fed Gov. Sarah Bloom Raskin is scheduled to speak on labor market conditions in Washington.

Nike (NYSE: NKE) reported upbeat fiscal third-quarter profit.

Micron Technology (NASDAQ: MU) posted a loss in its fiscal second quarter. However, the company's revenue beat analysts' estimates

Tech Data (NASDAQ: TECD) reported that it will restate some of its financial results from 3 years.

Darden Restaurants (NYSE: DRI) is expected to report its Q3 earnings at $1.01 per share on revenue of $2.26 billion. GenVec (NASDAQ: GNVC) is estimated to post a Q4 loss at $0.27 per share on revenue of $3.70 million.

Tiffany & Co (NYSE: TIF) is estimated to report its Q4 earnings at $1.36 per share on revenue of $1.25 billion.

European markets were lower today. The STOXX Europe 600 Index fell 0.27%, London's FTSE 100 Index dropped 0.01%, French CAC 40 Index declined 0.48% and German DAX 30 index fell 0.22%.

Asian markets ended mostly lower, with Japan's Nikkei Stock Average dipping 2.35%, China's Shanghai Composite gaining 0.17% and Australia's S&P/ASX 200 rising 0.08%. Hong Kong's Hang Seng Index fell 0.50% and India's Sensex tumbled 0.27%.

Gold futures dropped 0.11% to trade at $1,612.10 an ounce.

Crude oil futures gained 0.27% to trade at $92.70 a barrel.

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

 

Related Articles (GNVC + DRI)

Around the Web, We're Loving...