Market Overview

US Stock Futures Edge Higher; Goldman Sachs Earnings, CPI In Focus

Share:
Related BRO
Benzinga's Top Downgrades
KBW Downgrades Brown & Brown To Market Perform Following Q1 Earnings
Brown & Brown Down as Q1 Revenues Miss, Earnings In Line - Analyst Blog (Zacks)
Related CTAS
RBC Capital Markets Reiterates Sector Perform, Raises PT On Cintas On Valuation
Earnings Scheduled For March 18, 2015
Pentair Q1 Earnings In Line, Lags Y/Y on Low Oil Prices - Analyst Blog (Zacks)

US stock futures are slightly higher this morning, as investors are awaiting earnings reports from major companies. Futures for the Dow Jones Industrial Average surged 8 points to 15,424.00 and S&P 500 index futures rose 0.10 points to 1,677.60. Nasdaq 100 futures gained 2 points to 3,075.00.

US stocks closed higher on Monday, with the Dow Jones Industrial Average rising 0.13% to 15,484.26, the S&P 500 index surging 0.14% to 1,682.50 and the Nasdaq 100 index gaining 0.21% to 3,607.49.

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. The consumer price index for June will be released at 8:30 a.m. ET, while industrial production data for June will be released at 9:15 a.m. ET. The NAHB housing market index for July will be released at 10:00 a.m. ET.

Brown & Brown (NYSE: BRO) reported upbeat second-quarter earnings.

Cintas (NASDAQ: CTAS) reported a weaker-than-expected fourth-quarter profit and issued downbeat forecast for the fiscal 2014.

The Goldman Sachs Group (NYSE: GS) is expected to report its Q2 earnings at $2.83 per share on revenue of $7.98 billion. The Charles Schwab (NYSE: SCHW) is expected to report its Q2 earnings at $0.19 per share on revenue of $1.32 billion. Johnson & Johnson (NYSE: JNJ) is estimated to report its Q2 earnings at $1.39 per share on revenue of $17.71 billion.

The Coca-Cola Company (NYSE: KO) is projected to report its Q2 earnings at $0.63 per share on revenue of $12.96 billion. Yahoo! (NASDAQ: YHOO) is estimated to post its Q2 earnings at $0.30 per share on revenue of $1.08 billion. Packaging Corporation of America (NYSE: PKG) is expected to post its Q2 earnings at $0.63 per share on revenue of $770.06 million.

CSX (NYSE: CSX) is projected to post its Q2 earnings at $0.47 per share on revenue of $3.02 billion. Comerica (NYSE: CMA) is estimated to report its Q2 earnings at $0.70 per share on revenue of $621.29 million. The Mosaic Company (NYSE: MOS) is projected to report its Q4 earnings at $1.13 per share.

European markets were mostly lower today. The STOXX Europe 600 Index dropped 0.31%, London's FTSE 100 index gained 0.20%, French CAC 40 Index declined 0.44% and German DAX 30 index fell 0.19%.

Asian markets ended mostly higher, with Japan's Nikkei Stock Average rising 0.64%, China's Shanghai Composite gaining 0.31% and Australia's ASX/S&P500 rising 0.06%. Hong Kong's Heng Seng Index surged 0.04% and India's Sensex tumbled 0.98%.

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

 

Related Articles (BRO + CMA)

Around the Web, We're Loving...