US Stock Futures Up Ahead Of Earnings - Apple (NASDAQ:AAPL), Boeing (NYSE:BA)

US stock futures are higher this morning, as investors are awaiting earnings reports from major companies. Futures for the Dow Jones Industrial Average surged 35 points to 14,679.00 and S&P 500 index futures rose 3.90 points to 1,577.50. Nasdaq 100 futures gained 7.50 points to 2,830.50. US stocks closed higher on Tuesday, with the Dow Jones Industrial Average gaining 1.05% to 14,719.46, the S&P 500 index surging 1.04% to 1,578.78 and the Nasdaq 100 index rising 1.11% to 3,269.33. The MBA purchase applications index will be released at 7:00 a.m. ET, while durable goods orders data for March will be released at 8:30 a.m. ET. The EIA weekly report on petroleum inventories will be released at 10:30 a.m. ET. Ford Motor Co (NYSE:

) is estimated to report its Q1 earnings at $0.38 per share on revenue of $33.83 billion. The Boeing Company (NYSE:

) is projected to report its Q1 earnings at $1.48 per share on revenue of $18.84 billion. Corning (NYSE:

GLW

) is expected to report its Q1 earnings at $0.24 per share on revenue of $1.96 billion. Dr Pepper Snapple Group (NYSE:

DPS

) is projected to report its Q1 earnings at $0.46 per share on revenue of $1.39 billion. Eli Lilly and Company (NYSE:

LLY

) is expected to report its Q1 earnings at $1.05 per share on revenue of $5.66 billion. Zynga (NASDAQ:

ZNGA

) is projected to post a Q1 loss at $0.04 per share on revenue of $209.79 million. Western Digital (NASDAQ:

WDC

) is expected to post its Q3 earnings at $1.77 per share on revenue of $3.61 billion. Southern Company (NYSE:

) is estimated to report its Q1 earnings at $0.49 per share on revenue of $3.75 billion. Whirlpool (NYSE:

WHR

) is projected to report its Q1 earnings at $1.93 per share on revenue of $4.39 billion. WellPoint (NYSE:

WLP

) is expected to report its Q1 earnings at $2.38 per share on revenue of $18.03 billion. Hess (NYSE:

HES

) is projected to report its Q1 earnings at $1.57 per share on revenue of $9.26 billion. Sprint Nextel (NYSE:

) is expected to post a Q1 loss at $0.32 per share on revenue of $8.71 billion. Tupperware Brands (NYSE:

TUP

) is projected to report its Q1 earnings at $1.13 per share on revenue of $662.93 million. Owens Corning (NYSE:

) is estimated to report its Q1 earnings at $0.21 per share on revenue of $1.35 billion. Apple (NASDAQ:

AAPL

) reported an 18% fall in its Q2 profit. The company lifted its dividend by 15% and added $50 billion to its share- repurchase program. Its gross margins for the second quarter came in at 37.5%, versus estimates of 38.5%. Yum! Brands (NYSE:

YUM

) posted a better-than-expected first-quarter profit. European markets were higher today. The STOXX Europe 600 Index rose 0.18%, London's FTSE 100 Index gained 0.21%, French CAC 40 Index surged 0.64% and German DAX 30 index rose 0.52%. Asian markets ended higher, with Japan's Nikkei Stock Average surging 2.32%, China's Shanghai Composite gaining 1.55% and Australia's S&P/ASX 200 rising 1.63%. Hong Kong's Hang Seng rose 1.73%.