Market Overview

US Stock Futures Down Ahead Of GE Earnings

Related GE
3 Nuclear Energy Projects That Could Begin Soon
GE Appliance to be Bought by Electrolux to Defy Whirlpool
GE Sells Appliances Unit to Electrolux for $3.3B (Fox Business)
Related GOOG
Really, Elon? Tesla Motors Inc CEO Says His Cars Could Be Fully Automated Within 5-6 Years
CNBC's Stock Pops & Drops From September 12
Apple Adding New Security Measures to iCloud Accounts (Fox Business)

US stock futures are lower this morning, as investors are awaiting earnings from General Electric Company (NYSE: GE). Futures for the Dow Jones Industrial Average dropped 33 points to 15,448.00 and S&P 500 index futures fell 2.80 points to 1,677.80. Nasdaq 100 futures declined 8 points to 3,039.50.

US stocks closed higher on Thursday, with the Dow Jones Industrial Average gaining 0.50% to 15,548.54, the S&P 500 index rising 0.50% to 1,689.37 and the Nasdaq 100 index surging 0.04% to 3,611.28.

Google (NASDAQ: GOOG) reported downbeat second-quarter earnings.

Microsoft (NASDAQ: MSFT) reported weaker-than-expected fiscal fourth-quarter profit.

General Electric Company is projected to report its Q2 earnings at $0.36 per share on revenue of $35.58 billion. Laboratory Corp. of America Holdings (NYSE: LH) is estimated to report its Q2 earnings at $1.80 per share on revenue of $1.46 billion. V.F. Corporation (NYSE: VFC) is projected to report its Q2 earnings at $1.17 per share on revenue of $2.26 billion.

Whirlpool (NYSE: WHR) is estimated to report its Q2 earnings at $2.39 per share on revenue of $4.66 billion. State Street (NYSE: STT) is estimated to report its Q2 earnings at $1.19 per share on revenue of $2.54 billion. Rockwell Collins (NYSE: COL) is projected to report its Q3 earnings at $1.16 per share on revenue of $1.17 billion. Schlumberger (NYSE: SLB) is expected to report its Q2 earnings at $1.10 per share on revenue of $11.11 billion.

Honeywell International (NYSE: HON) is estimated to report its Q2 earnings at $1.21 per share on revenue of $9.70 billion. Autoliv (NYSE: ALV) is expected to report its Q2 earnings at $1.38 per share on revenue of $2.16 billion. Baker Hughes (NYSE: BHI) is estimated to report its Q2 earnings at $0.65 per share on revenue of $5.26 billion.

European markets were lower today. The STOXX Europe 600 Index fell 0.34%, London's FTSE 100 index dropped 0.51%, French CAC 40 Index declined 0.49% and German DAX 30 index fell 0.52%.

Asian markets ended mostly lower, with Japan's Nikkei Stock Average falling 1.48%, China's Shanghai Composite declining 1.52% and Australia's ASX/S&P500 dropping 0.35%. Hong Kong's Heng Seng Index rose 0.08% and India's Sensex gained 0.18%.

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

 

Related Articles (ALV + BHI)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters