US Stock Futures Up Ahead Of Economic Data

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US stock futures are higher this morning. Futures for the Dow Jones Industrial Average surged 35 points to 13,222.00 and S&P 500 index futures rose 3.10 points to 1,423.30. Nasdaq 100 futures climbed 5.75 points to 2,656.25. US stocks closed higher on Monday, with the Dow Jones Industrial Average gaining 0.11% to 13,169.88, the S&P 500 index rising 0.03% to 1,418.55 and the Nasdaq 100 index surging 0.30% to 2,986.96. October trade figures will be released at 8:30 a.m. ET, while October wholesale trade data will be released at 10 a.m. ET. Federal Reserve policy makers start a two-day meeting today. Dollar General
DG
is projected to report its Q3 earnings at $0.60 per share on revenue of $3.96 billion. Hanwha SolarOne Co
HSOL
is expected to report a Q3 loss at $0.26 per share on revenue of $160.45 million. Comverse Technology
CMVT
is estimated to report its Q3 earnings at $0.12 per share on revenue of $399.77 million. Pantry
PTRY
is estimated to report its Q4 earnings at $0.54 per share on revenue of $2.19 billion. The US Treasury Department announced its plans to sell its remaining 16% stake in American International Group
AIG
. Texas Instruments
TXN
lowered its earnings forecast for the fourth quarter. European markets were higher today. The STOXX Europe 600 Index rose 0.29%, London's FTSE 100 Index gained 0.20%, French CAC 40 Index climbed 0.45% and German DAX 30 index rose 0.55%. Asian markets ended mixed, with Japan's Nikkei Stock Average falling 0.09%, China's Shanghai Composite dropping 0.44% and Australia's S&P/ASX 200 rising 0.41%. Hong Kong's Hang Seng Index rose 0.21% and India's Sensex dropped 0.12%. Nymex crude-oil futures surged $0.44 to $86.00 a barrel in electronic trade, while gold futures dropped $3.40 to trade at $1,711.00 an ounce. The dollar index (DXY) fell 0.1% to trade at 80.25.
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