Market Overview

US Stock Futures Signal Higher Start On Wall Street

Related ULTA
Big 5 Sporting Goods (BGFV) in Focus: Stock Tanks 14.2% - Tale of the Tape
7-Eleven Day Kicks Off July Freebie Specials
Related PRU
5 Family-Friendly Employers For Working Parents
Morgan Stanley Issues 2015 'Vintage Values' Stock List

US stock futures are higher this morning. Futures for the Dow Jones Industrial Average surged 61 points to 15,199.00 and S&P 500 index futures rose 6.90 points to 1,634.00. Nasdaq 100 futures gained 10.50 points to 2,974.00.

US stocks closed lower on Tuesday, with the Dow Jones Industrial Average dropping 0.76% to 15,122.02, the S&P 500 index falling 1.02% to 1,626.13 and the Nasdaq 100 index declining 1.06% to 3,436.95.

The MBA purchase applications index will be released at 7.00 a.m. ET, while the EIA weekly report on petroleum inventories will be released at 10:30 a.m. ET. The U.S. Treasury monthly budget report for May will be released at 2:00 p.m. ET.

Ulta Salon, Cosmetics & Fragrance (NASDAQ: ULTA) reported upbeat first-quarter earnings. However, the company issued weak forecast for the second quarter.

Prudential Financial (NYSE: PRU) announced a $1 billion stock repurchase program.

Agilysys (NASDAQ: AGYS) is expected to report its Q4 earnings at $0.06 per share. The Men's Wearhouse (NYSE: MW) is estimated to post its Q1 earnings at $0.55 per share on revenue of $604.74 million. Culp (NYSE: CFI) is projected to post its Q4 earnings at $0.34 per share on revenue of $71.50 million.

PVH (NYSE: PVH) is estimated to post its Q1 earnings at $1.35 per share on revenue of $1.91 billion. H&R Block (NYSE: HRB) is estimated to post its Q4 earnings at $2.61 per share on revenue of $2.28 billion.

European markets were mixed today. The STOXX Europe 600 Index gained 0.34%, London's FTSE 100 index dropped 0.02%, French CAC 40 Index rose 0.27% and German DAX 30 index fell 0.06%.

Asian markets ended lower, with Japan's Nikkei Stock Average falling 0.21% and Australia's ASX/S&P500 dropping 0.69%. India's Sensex tumbled 0.54%.

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

 

Most Popular

Related Articles (AGYS + CFI)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters