Market Overview

US Stock Futures Signal Higher Start On Wall Street

Share:

US stock futures are higher this morning. Futures for the Dow Jones Industrial Average surged 71 points to 14,585.00 and S&P 500 index futures rose 9.80 points to 1,552.50. Nasdaq 100 futures gained 19 points to 2,801.25.

US stocks closed lower on Monday, with the Dow Jones Industrial Average falling 1.79% to 14,599.20, the S&P 500 index dropping 2.30% to 1,552.36 and the Nasdaq 100 index declining 2.38% to 3,216.49.

The ICSC-Goldman comparable store sales index will be released at 7:45 a.m. ET, while the consumer price index for March and housing starts data for March will be released at 8:30 a.m. ET. The Johnson Redbook Retail Sales Index will be released at 8:55 a.m. ET, while industrial production data for March will be released at 9:15 a.m. ET.

HCA Holdings (NYSE: HCA) issued downbeat first-quarter revenue forecast.

Brown & Brown (NYSE: BRO) reported upbeat first-quarter profit.

BlackRock (NYSE: BLK) is expected to report its Q1 earnings at $3.58 per share on revenue of $2.44 billion. The Coca-Cola Company (NYSE: KO) is projected to report its Q1 earnings at $0.45 per share on revenue of $11.02 billion. Yahoo! (NASDAQ: YHOO) is expected to post its Q1 earnings at $0.24 per share on revenue of $1.10 billion.

W.W. Grainger (NYSE: GWW) is estimated to report its Q1 earnings at $2.74 per share on revenue of $2.31 billion. Intel (NASDAQ: INTC) is projected to post its Q1 earnings at $0.41 per share on revenue of $12.61 billion. The Goldman Sachs Group (NYSE: GS) is expected to report its Q1 earnings at $3.88 per share on revenue of $9.64 billion. U.S. Bancorp (NYSE: USB) is estimated to report its Q1 earnings at $0.73 per share on revenue of $5.03 billion.

TD Ameritrade Holding (NASDAQ: AMTD) is projected to report its Q2 earnings at $0.26 per share on revenue of $674.49 million. Comerica (NYSE: CMA) is estimated to report its Q1 earnings at $0.68 per share on revenue of $622.61 million. Johnson & Johnson (NYSE: JNJ) is projected to report its Q1 earnings at $1.40 per share on revenue of $17.44 billion. CSX (NYSE: CSX) is estimated to post its Q1 earnings at $0.40 per share on revenue of $2.92 billion.

European markets were lower today. The STOXX Europe 600 Index fell 0.57%, London's FTSE 100 Index dropped 0.46%, French CAC 40 Index declined 0.64% and German DAX 30 index fell 0.41%.

Asian markets ended mixed, with Japan's Nikkei Stock Average falling 0.41%, China's Shanghai Composite rising 0.59% and Australia's S&P/ASX 200 dropping 0.46%. Hong Kong's Hang Seng fell 0.46% and India's Sensex rose 2.03%.

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

 

Related Articles (AMTD + BLK)

View Comments and Join the Discussion!

Benzinga Market Primer: Tuesday, April 16

Almirall, Forest Labs Announce Positive Topline Phase III Study Results for Aclidinium, Formoterol Combination in COPD