US Stock Futures Down After Apple Earnings

Loading...
Loading...
US stock futures are lower this morning, after downbeat earnings from Apple
AAPL
. Futures for the Dow Jones Industrial Average dipped 87 points to 12,969.00 and S&P 500 index futures fell 10.30 points to 1,397.90. Nasdaq 100 futures dropped 16 points to 2,632.00. US stocks closed higher on Thursday, with the Dow Jones Industrial Average rising 0.20% to 13,103.68, the S&P 500 index gaining 0.30% to 1,412.97 and the Nasdaq 100 index rising 0.15% to 2,986.12. The Commerce Department is scheduled to release GDP data for the third quarter at 8:30 a.m. ET. However, the University of Michigan's consumer sentiment index for the month of October will be released at 9:55 a.m. ET. Merck & Co
MRK
is expected to report its Q3 earnings at $0.92 per share on revenue of $11.57 billion. Comcast
CMCSA
is projected to report its Q3 earnings at $0.46 per share on revenue of $16.08 billion. Aon plc
AON
is estimated to report its Q3 earnings at $0.89 per share on revenue of $2.79 billion. Goodyear Tire & Rubber Co
GT
is projected to report its Q3 EPS at $0.59 on revenue of $5.87 billion. Newell Rubbermaid
NWL
is estimated to report its Q3 EPS at $0.44 on revenue of $1.54 billion. The Interpublic Group of Companies
IPG
is expected to report its Q3 EPS at $0.17 on revenue of $1.70 billion. Rockwell Collins
Loading...
Loading...
COL
is estimated to report its Q4 EPS at $1.13 on revenue of $1.33 billion. Coventry Health Care
CVH
is expected to report its Q3 EPS at $0.73 on revenue of $3.50 billion. Apple posted its FQ4 earnings at $8.67 per share, missing analysts' estimates of $8.75 per share. Amazon.com
AMZN
reported downbeat third-quarter results. Deckers Outdoor
DECK
lowered its 2012 forecast. European markets were lower today. The STOXX Europe 600 Index fell 0.54%, London's FTSE 100 Index dropped 0.54%, French CAC 40 Index declined 0.43% and German DAX 30 index fell 0.35%. Asian markets ended lower, with Japan's Nikkei Stock Average falling 1.35%, China's Shanghai Composite dropping 1.68% and Australia's S&P/ASX 200 dropping 0.82%. Hong Kong's Hang Seng index fell 1.21% and India's Sensex dipped 0.70%. Nymex crude-oil futures declined $0.66 to trade at $85.39 a barrel in electronic trade, while gold futures fell $8 to $1,705 an ounce. The dollar index (DXY) fell 0.02% to trade at 80.07. The euro declined 0.02% versus the dollar to trade at $1.2933. The US dollar declined 0.47% against the Japanese yen to trade at ¥79.92.
Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: NewsFuturesGlobalPre-Market OutlookMarketsUS 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!

Loading...