US Stock Futures Flat; JPMorgan Earnings Top Views

Pre-open movers US stock futures traded mostly flat in early pre-market trade. Data on retail sales and import prices for June will be released at 8:30 a.m. ET. Data on business inventories for May will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average dropped 6 points to 17,894.0, while the Standard & Poor's 500 index futures fell 0.85 points to 2,093.65. Futures for the Nasdaq 100 index gained 2.60 points to 4,490.60. A Peek Into Global Markets European markets were higher today, with the Spanish Ibex Index falling 0.26 percent, STOXX Europe 600 Index dropping 0.10 percent and German DAX 30 index declining 0.30 percent. French CAC 40 Index slipped 0.02 percent and London's FTSE 100 Index fell 0.25 percent. In Asian markets, Japan's Nikkei Stock Average rose 1.47 percent, Homg Kong's Hang Seng Index dropped 0.41 percent, China's Shanghai Composite Index dipped 1.16 percent and India's BSE Sensex declined 0.10 percent. Broker Recommendation Analysts at Barclays upgraded GoPro Inc GPRO from Equal-weight to Overweight. The price target for GoPro has been raised from $50 to $65. GoPro shares closed at $52.11 yesterday. Breaking news

• JPMorgan Chase & Co. JPM reported stronger-than-expected earnings for its second quarter on Tuesday. To read the full news, click here.
• Shares of Micron Technology, Inc. MU were trading 12 percent higher in the pre-market session following news Monday night that Tsinghua Unigroup, China's largest government owned chip design company, is looking to acquire Micron for $21 per share, according to both the Wall Street Journal and Bloomberg News. To read the full news, click here.
• Avolon Holdings Ltd AVOL and Bohai Leasing Co., Ltd. announced Monday, that they have entered into an agreement under which Bohai will make a cash tender offer for 20% of the outstanding common shares of Avolon at a price of US$26 per common share. To read the full news, click here.
• JetBlue Airways Corporation JBLU reported its preliminary traffic results for June 2015. Traffic in June increased 8.8 percent from June 2014, on a capacity increase of 8.0 percent. To read the full news, click here.