US Stock Futures Up; Bernanke In Focus


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US stock futures are higher this morning, ahead of a speech by Fed Chairman Ben Bernanke. Futures for the Dow Jones Industrial Average surged 65 points to 13,420.00 and S&P 500 index futures rose 5.80 points to 1,440.00. Nasdaq 100 futures gained 15 points to 2,807.00.US stocks closed lower on Friday, with the Dow Jones Industrial Average dropping 0.36% to 13,437.13, the S&P 500 index falling 0.45% to 1,440.67 and the Nasdaq 100 index declining 0.65% to 3,116.23. The ISM index on the manufacturing sector will be released at 10 a.m. ET.Cal-Maine Foods (NASDAQ: CALM) is projected to report its Q1 earnings at $0.40 per share on revenue of $282 million. Ferrellgas Partners LP (NYSE: FGP) is projected to report a FQ4 loss of $0.38 per share on revenue of $419.6 million. Team (NYSE: TISI) is estimated to post its Q1 EPS at $0.39 on revenue of $155.85 million.Jakks Pacific (NASDAQ: JAKK) lowered its full-year view. AutoZone (NYSE: AZO) reported that its board authorized the buyback of an additional $750 million of its stock. European markets were higher today. The STOXX Europe 600 Index rose 0.86%, London's FTSE 100 Index gained 1.02%, French CAC 40 Index surged 1.29% and German DAX 30 index rose 1.30%.Asian markets ended mostly higher, with Japan's Nikkei Stock Average dropping 0.83% and Australia's S&P/ASX 200 rising 0.05%. India's Sensex surged 0.33%.Nymex crude-oil futures dropped $0.17 to trade at $92.02 a barrel in electronic trade, while gold futures fell $0.30 to $1,773.60 an ounce. The dollar index (DXY) dropped 0.1% to trade at 79.822. The euro gained 0.2% versus the dollar to trade at $1.2883. The US dollar rose 0.03% against the Japanese yen to trade at ¥78.00.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: NewsFuturesGlobalPre-Market OutlookMarketsFed Chairman Ben BernankeUS Stock Futures