US Stock Futures Up; Factory-Orders Data In Focus

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US stock futures are higher this morning, as investors are awaiting factory-orders data. Futures for the Dow Jones Industrial Average surged 29 points to 14,911.00 and S&P 500 index futures rose 3.90 points to 1,610.60. Nasdaq 100 futures gained 8.50 points to 2,925.50. US stocks closed higher on Monday, with the Dow Jones Industrial Average surging 0.44% to 14,974.96, the S&P 500 index gaining 0.54% to 1,614.96 and the Nasdaq 100 index rising 0.92% to 3,434.49. The ICSC-Goldman Sachs 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. Data on factory orders for May will be released at 10:00 a.m. ET. Data on motor vehicle sales for June will also be released today. A. Schulman
SHLM
reported downbeat third-quarter results and lowered its outlook for the year. Zynga
ZNGA
named former Microsoft
MSFT
executive Don Mattrick as its new chief executive officer. Acuity Brands
AYI
is expected to report its Q3 earnings at $0.88 per share on revenue of $518.76 million. Constellation Brands
STZ
is estimated to report its Q1 earnings at $0.41 per share on revenue of $674.24 million. The Greenbrier Companies
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GBX
is projected to report its Q3 earnings at $0.55 per share on revenue of $503.08 million. Zep
ZEP
is expected to report its Q3 earnings at $0.42 per share on revenue of $196.52 million. European markets were lower today. The STOXX Europe 600 Index fell 0.62%, London's FTSE 100 index dropped 0.62%, French CAC 40 Index declined 0.79% and German DAX 30 index fell 1.06%. Asian markets ended mixed, with Japan's Nikkei Stock Average jumping 1.78%, China's Shanghai Composite surging 0.57% and Australia's ASX/S&P500 rising 2.57%. Hong Kong's Heng Seng Index fell 0.70% and India's Sensex declined 0.59%.
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