Market Overview

US Stock Futures Flat; Bernanke, Economic Data In Focus

Share:
Related PCLN
Your Easy Guide To Credit Suisse's New Top Stocks List
Trivago's Tribulations Not Likely Negative For Priceline, Expedia
Related FSLR
Solar Stocks Move As US Trade Commission Finds Harm To US Producers From Imports Of Solar Panels
Gordon Johnson: Short Chinese Solar Stocks Ahead Of Potential Tariff Passage
Industry Group Action Can Guide Sells As Well As Buys (Investor's Business Daily)

US stock futures are mostly flat this morning, ahead of a second day of testimony by Fed Chairman Ben Bernanke. Futures for the Dow Jones Industrial Average gained 4 points to 13,863.00 and S&P 500 index futures rose 0.30 points to 1,492.70. Nasdaq 100 futures dropped 1.25 points to 2,706.50.

US stocks closed higher on Tuesday, with the Dow Jones Industrial Average surging 0.84% to 13,900.13, the S&P 500 index rising 0.61% to 1,496.94 and the Nasdaq 100 index gaining 0.43% to 3,129.65.

The Mortgage Bankers' Association purchase applications index will be released at 7:00 a.m. ET, while data on durable goods orders for January will be released at 8:30 a.m. ET. The pending home sales index for January will be released at 10:00 a.m. ET.

priceline.com (NASDAQ: PCLN) reported better-than-expected fourth-quarter earnings.

First Solar (NASDAQ: FSLR) issued downbeat first-quarter forecast.

Dollar Tree (NASDAQ: DLTR) is estimated to report its Q4 earnings at $0.99 per share on revenue of $2.23 billion. Target (NYSE: TGT) is expected to report its Q4 earnings at $1.48 per share on revenue of $22.66 billion. J. C. Penney Company (NYSE: JCP) is estimated to post a Q4 loss at $0.15 per share on revenue of $4.09 billion. Joy Global (NYSE: JOY) is expected to report its Q1 earnings at $1.14 per share on revenue of $1.08 billion.

AES (NYSE: AES) is estimated to report its Q4 earnings at $0.30 per share on revenue of $4.10 billion. Liberty Interactive (NASDAQ: LINTA) is expected to post its Q4 earnings at $0.42 per share on revenue of $3.18 billion. Mylan (NASDAQ: MYL) is estimated to post its Q4 earnings at $0.64 per share on revenue of $1.73 billion. Pall (NYSE: PLL) is expected to post its Q2 earnings at $0.67 per share on revenue of $635.29 million.

The TJX Companies (NYSE: TJX) is estimated to report its Q4 earnings at $0.81 per share on revenue of $7.65 billion. Limited Brands (NYSE: LTD) is projected to post its Q4 earnings at $1.74 per share on revenue of $3.76 billion. NRG Energy (NYSE: NRG) is expected to post a Q4 loss at $0.15 per share on revenue of $2.55 billion. Groupon (NASDAQ: GRPN) is projected to post its Q4 earnings at $0.03 per share on revenue of $639.59 million.

European markets were mixed today. The STOXX Europe 600 Index fell 0.13%, London's FTSE 100 Index gained 0.10%, French CAC 40 Index rose 0.43% and German DAX 30 index declined 0.06%.

Asian markets ended mostly higher, with Japan's Nikkei Stock Average declining 1.27%, China's Shanghai Composite gaining 0.87% and Australia's S&P/ASX 200 rising 0.62%. Hong Kong's Hang Seng Index gained 0.25% and India's Sensex rose 0.72%.

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

 

Related Articles (DLTR + AES)

View Comments and Join the Discussion!
Loading...
Loading...