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US Stock Futures Down Ahead Of GE Earnings

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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

 

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