US Stock Futures Up Ahead Of ISM Data
US stock futures are higher this morning, as investors are awaiting economic data. Futures for the Dow Jones Industrial Average gained 42 points to 13,887.00 and S&P 500 index futures rose 5.90 points to 1,499.20. Nasdaq 100 futures climbed 7.50 points to 2,719.00.
US stocks closed lower on Monday, with the Dow Jones Industrial Average dropping 0.93% to 13,880.08, the S&P 500 index falling 1.15% to 1,495.71 and the Nasdaq 100 index tumbling 1.51% to 3,131.17.
The ISM non-manufacturing index for January will be released at 10:00 a.m. ET.
Kellogg Company (NYSE: K) is projected to report its Q4 earnings at $0.66 per share on revenue of $3.44 billion. Archer Daniels Midland Company (NYSE: ADM) is expected to report its Q4 earnings at $0.56 per share on revenue of $23.67 billion. The Walt Disney Company (NYSE: DIS) is estimated to post its Q1 EPS at $0.76 on revenue of $11.21 billion.
CH Robinson Worldwide (NASDAQ: CHRW) is expected to post its Q4 EPS at $0.70 on revenue of $2.87 billion. Becton, Dickinson and Company (NYSE: BDX) is estimated to report its Q1 earnings at $1.24 per share on revenue of $1.86 billion. Computer Sciences (NYSE: CSC) is expected to report its Q3 earnings at $0.62 per share on revenue of $3.76 billion.
Expedia (NASDAQ: EXPE) is projected to post its Q4 earnings at $0.65 per share on revenue of $929.84 million. Emerson Electric Co (NYSE: EMR) is estimated to report its Q1 earnings at $0.62 per share on revenue of $5.43 billion. Zynga (NASDAQ: ZNGA) is projected to post a Q4 loss at $0.03 per share on revenue of $212.11 million.
Yum! Brands (NYSE: YUM) reported a 5% drop in its fourth-quarter profit. Yum
Baidu (NASDAQ: BIDU) reported a 36% surge in its fourth-quarter profit.
European markets were higher today. The STOXX Europe 600 Index rose 0.54%, London's FTSE 100 Index gained 0.40%, German DAX 30 Index rose 0.04% and French CAC 40 Index surged 0.84%.
Asian markets ended mostly lower, with Japan's Nikkei Stock Average falling 1.90%, China's Shanghai Composite surging 0.20% and Australia's S&P/ASX 200 Index dropping 0.54%. Hong Kong's Hang Seng Index declined 2.27% and India's Sensex dropped 0.46%.
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