US Stock Futures Up After Cyprus Deal

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US stock futures are higher this morning. Futures for the Dow Jones Industrial Average surged 50 points to 14,509.00 and S&P 500 index futures rose 7.20 points to 1,559.30. Nasdaq 100 futures gained 14.50 points to 2,808.25. US stocks closed higher on Friday, with the Dow Jones Industrial Average surging 0.63% to 14,512.03, the S&P 500 index rising 0.72% to 1,556.89 and the Nasdaq 100 index gaining 0.70% to 3,245.00. The Chicago Fed National Activity Index for February will be released at 8:30 a.m. ET, while the Dallas Fed general business activity index for March will be released at 10:30 a.m. ET. Dollar General
DG
is projected to report its Q4 earnings at $0.90 per share on revenue of $4.26 billion. Apollo Group
APOL
is expected to report its Q2 earnings at $0.18 per share on revenue of $822.80 million. JA Solar Holdings Co
JASO
is expected to post a Q4 loss at $1.53 per share on revenue of $248.46 million. Gordmans Stores
GMAN
is projected to post its Q4 earnings at $0.37 per share on revenue of $202.82 million. Sonic
SONC
is estimated to post its Q2 earnings at $0.05 per share on revenue of $112.72 million. Focus Media Holding
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FMCN
is expected to post its Q4 earnings at $0.72 per share on revenue of $248.86 million. Shares of BlackBerry
BBRY
tumbled 7.74% on Friday after the company launched its latest Z10 smartphone in the US market. European markets were higher today. The STOXX Europe 600 Index rose 0.89%, London's FTSE 100 Index gained 0.70%, French CAC 40 Index surged 1.75% and German DAX 30 index rose 1.37%. Asian markets ended mostly higher, with Japan's Nikkei Stock Average gaining 1.69%, China's Shanghai Composite dropping 0.07% and Australia's S&P/ASX 200 rising 0.42%. Hong Kong's Hang Seng Index gained 0.61% and India's Sensex tumbled 0.26%.
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