US Stock Futures Signal Lower Start On Wall Street

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US stock futures are lower this morning. Futures for the Dow Jones Industrial Average tumbled 47 points to 15,326.00 and S&P 500 index futures fell 6.10 points to 1,648.50. Nasdaq 100 futures dropped 8.25 points to 2,995.25. US stocks closed higher on Tuesday, with the Dow Jones Industrial Average gaining 0.69% to 15,409.39, the S&P 500 index rising 0.63% to 1,660.06 and the Nasdaq 100 index surging 0.86% to 3,488.89. The MBA purchase applications index will be released at 7:00 a.m. ET. The ICSC-Goldman store sales index will be released at 7:45 a.m. ET, while the Johnson Redbook Retail Sales Index will be released at 8:55 a.m. ET. Wet Seal
WTSL
posted a profit in the first quarter and issued an upbeat outlook for the second quarter. Guidewire Software
GWRE
reported better-than-expected third-quarter results. Brown Shoe Co
BWS
is projected to report its Q1 earnings at $0.22 per share on revenue of $609.05 million. Chico's FAS
CHS
is estimated to report its Q1 earnings at $0.36 per share on revenue of $707.75 million. Daktronics
DAKT
is projected to report its Q4 earnings at $0.07 per share on revenue of $123.00 million. The Fresh Market
TFM
is estimated to report its Q1 earnings at $0.44 per share on revenue of $369.69 million. DSW
DSW
is expected to report its Q1 earnings at $0.90 per share on revenue of $588.81 million. Michael Kors Holdings
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KORS
is estimated to report its Q4 earnings at $0.39 per share on revenue of $546.07 million. Trina Solar
TSL
is expected to post a Q1 loss at $0.72 per share on revenue of $295.86 million. RBC Bearings
ROLL
is projected to report its Q4 earnings at $0.61 per share on revenue of $107.34 million. Avago Technologies
AVGO
is projected to post its Q2 earnings at $0.52 per share on revenue of $558.24 million. European markets were lower today. The STOXX Europe 600 Index declined 1.09%, London's FTSE 100 index dropped 1.27%, French CAC 40 Index declined 0.98% and German DAX 30 index fell 0.98%. Asian markets ended mixed, with Japan's Nikkei Stock Average surging 0.10%, China's Shanghai Composite rising 0.12% and Australia's S&P/ASX 200 index gaining 0.17%. Hong Kong's Hang Seng Index tumbled 1.61% and India's Sensex fell 0.01%.
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Posted In: NewsFuturesGlobalPre-Market OutlookMarketsUS Stock Futures
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