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US Stock Futures Flat; All Eyes On Nonfarm Payrolls Data

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US stock futures are mostly flat this morning, as investors are awaiting nonfarm payrolls. Futures for the Dow Jones Industrial Average dropped 2 points to 14,758.00 and S&P 500 index futures fell 0.80 points to 1,591.50. Nasdaq 100 futures gained 1.50 points to 2,903.50.

US stocks closed higher on Thursday, with the Dow Jones Industrial Average rising 0.89% to 14,831.58, the S&P 500 index gaining 0.94% to 1,597.59 and the Nasdaq 100 index surging 1.26% to 3,340.62.

Data on nonfarm payrolls for April will be released at 8:30 a.m. ET. Data on Factory orders for March and the ISM non-manufacturing index for April will be released at 10:00 a.m. ET.

LinkedIn (NYSE: LNKD) issued a downbeat revenue view for the second quarter.

American International Group (NYSE: AIG) reported a Q1 adjusted profit of $1.34 per share, beating analysts' estimates of $0.88 per share.

American Axle & Manufacturing Holdings (NYSE: AXL) is expected to report its Q1 earnings at $0.16 per share on revenue of $750.01 million. Pepco Holdings (NYSE: POM) is projected to report its Q1 earnings at $0.24 per share on revenue of $1.45 billion. WellCare Health Plans (NYSE: WCG) is expected to report its Q1 earnings at $0.68 per share on revenue of $2.18 billion.

Duke Energy (NYSE: DUK) is estimated to report its Q1 earnings at $1.04 per share on revenue of $5.74 billion. Moody's (NYSE: MCO) is estimated to report its Q1 earnings at $0.85 per share on revenue of $718.01 million. Spectra Energy (NYSE: SE) is expected to report its Q1 earnings at $0.48 per share on revenue of $1.55 billion. Newell Rubbermaid (NYSE: NWL) is expected to report its Q1 earnings at $0.32 per share on revenue of $1.32 billion.

Automatic Data Processing (NASDAQ: ADP) is estimated to report its Q3 earnings at $0.98 per share on revenue of $3.11 billion. Telephone & Data Systems (NYSE: TDS) is expected to report its Q1 earnings at $0.02 per share on revenue of $1.29 billion. The Madison Square Garden Company (NASDAQ: MSG) is expected to report its Q3 earnings at $0.33 per share on revenue of $405.11 million.

European markets were higher today. The STOXX Europe 600 Index rose 0.11%, London's FTSE 100 Index gained 0.17%, French CAC 40 Index climbed 0.17% and German DAX 30 index rose 0.29%.

Asian markets ended mostly higher, with China's Shanghai Composite surging 1.44% and Australia's S&P/ASX 200 index rising 0.03%. Hong Kong's Hang Seng Index rose 0.10% and India's Sensex dipped 0.81%.

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

 

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