US Stock Futures Signal Lower Start On Wall Street

US stock futures are lower this morning, after a strong decline in global stock markets. Futures for the Dow Jones Industrial Average tumbled 153 points to 12,620.00 and S&P 500 index futures fell 16.50 points to 1,341.70. Nasdaq 100 futures dropped 34.75 points to 2,578.50. US stocks closed lower on Friday, with the Dow Jones Industrial Average dropping 0.93% to 12,822.57, the S&P 500 index falling 1.01% to 1,362.66 and the Nasdaq 100 index dipping 1.37% to 2,925.30. McDonald's MCD is expected to post its Q2 earnings at $1.38 per share on revenue of $6.94 billion. Texas Instruments TXN is projected to post its Q2 EPS at $0.41 on revenue of $3.35 billion. Halliburton HAL is projected to report its Q2 earnings at $0.75 per share on revenue of $6.93 billion. Eaton ETN is estimated to post its Q2 earnings at $1.09 per share on revenue of $4.25 billion. Celanese CE is estimated to post its Q2 EPS at $1.40 on revenue of $1.73 billion. Coca-Cola Enterprises CCE is projected to post its Q2 earnings at $0.73 per share on revenue of $2.27 billion. RPM International RPM is expected to report its Q4 EPS at $0.61 on revenue of $1.08 billion. Hasbro HAS is estimated to report its Q2 earnings at $0.24 per share on revenue of $832 million. Sonic Automotive SAH is expected to report its Q2 EPS at $0.41 on revenue of $2.18 billion. PetMed Express PETS is projected to report its Q1 earnings at $0.23 per share on revenue of $77.3 million. European markets were lower today. The STOXX Europe 600 Index declined 1.85%, French CAC 40 index fell 2.14%. London's FTSE 100 Index moved down 1.66% and German DAX 30 index dropped 1.59%. Asian markets ended lower, with Japan's Nikkei Stock Average dropping 1.86%, China's Shanghai Composite falling 1.26% and Australia's S&P/ASX 200 moving down 1.69%. Hong Kong's Hang Seng index dropped 2.99% and India's Sensex fell 1.64%. The euro fell 0.4% against the dollar to trade at $1.2107. The dollar index (DXY) gained 0.4% to 83.790. Nymex crude-oil futures declined $2.93 to trade at $88.90 a barrel in electronic trade, while gold futures dropped $11.40 an ounce to $1,571.40.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsFuturesGlobalPre-Market OutlookMarketsConsumer DiscretionaryRestaurantsUS Stock Futures
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!