Market Overview

US Stock Futures Slightly Lower Ahead Of Alcoa Earnings

Share:
Related AA
Sarepta, T-Mobile Make Moves After-Hours Following Earnings Results
3 Reasons Alcoa Is No Longer The Curtain-Raising Event Of Earnings Season
Stocks Quietly Higher, Home Depot Hampers Dow; This Apparel Stock Breaks Out (Investor's Business Daily)
Related AYI
5 Biggest Price Target Changes For Friday
Mid-Afternoon Market Update: NASDAQ Down Over 100 Points; Bassett Shares Spike Higher
Northstar Asset Management Llc Buys Acuity Brands Inc, Cognex Corp, Foot Locker Inc, Sells ... (GuruFocus)

US stock futures are slightly lower this morning, as investors are awaiting earnings from Alcoa (NYSE: AA) later in the day. Futures for the Dow Jones Industrial Average dropped 7 points to 13,300.00 and S&P 500 index futures fell 1.60 points to 1,454.20. Nasdaq 100 futures declined 4 points to 2,713.75.

US stocks closed lower on Monday, with the Dow Jones Industrial Average dropping 0.38% to 13,384.29, the S&P 500 index falling 0.31% to 1,461.89 and the Nasdaq 100 index declining 0.09% to 3,098.81.

The NFIB small-business-optimism index for December will be released at 7:30 a.m. ET. Data on consumer credit for November will be released at 3 p.m. ET.

Alcoa (NYSE: AA) is projected to post its Q4 earnings at $0.06 per share on revenue of $5.61 billion. Acuity Brands (NYSE: AYI) is expected to report its Q1 earnings at $0.81 per share on revenue of $498.79 million. IHS (NYSE: IHS) is estimated to report its Q4 earnings at $1.11 per share on revenue of $409.86 million.

Apollo Group (NASDAQ: APOL) is expected to post its Q1 earnings at $0.90 per share on revenue of $1.03 billion. RPM International (NYSE: RPM) is estimated to report its Q2 earnings at $0.42 per share on revenue of $998.34 million. Monsanto Company (NYSE: MON) is expected to report its Q1 earnings at $0.37 per share on revenue of $2.64 billion.

Yum! Brands (NYSE: YUM) lowered its fourth-quarter same-store sales forecast for China.

Team (NYSE: TISI) reported a rise in its fiscal second-quarter earnings. The company also lifted its earnings outlook for fiscal year 2013.

European markets were mostly higher today. The STOXX Europe 600 Index rose 0.08%, London's FTSE 100 Index gained 0.04%, German DAX 30 Index declined 0.14% and French CAC 40 Index rose 0.48%.

Asian markets ended mostly lower, with Japan's Nikkei Stock Average falling 0.86%, China's Shanghai Composite declining 0.41% and Australia's S&P/ASX 200 Index dropping 0.54%. Hong Kong's Hang Seng Index fell 0.94% and India's Sensex gained 0.26%.

Crude-oil rose $0.21 to trade at $93.40 a barrel, while gold futures climbed $7.30 to trade at $1,653.60 an ounce.

The US dollar gained 0.03% versus the euro to trade at $1.3121.

Posted-In: US Stock FuturesNews Futures Global Pre-Market Outlook Markets

 

Related Articles (APOL + AA)

View Comments and Join the Discussion!