Market Overview

US Stock Futures Edge Lower Ahead Of JPMorgan Earnings, Consumer Sentiment Report

Related JPM
Wall Street's M&A Chatter From October 17: Sinclair, Impax Labs, WePay, Splunk-SignalSense
CFRA Research Is Bullish On Bank Of America, Morgan Stanley And JPMorgan
Harvey Investment Co Llc Buys Hexcel Corp, DowDuPont Inc, Duke Energy Corp, Sells Allergan PLC, ... (GuruFocus)
Related GPS
The Case For Owning Beaten Up Retail Stocks
5 Biggest Price Target Changes For Tuesday
Alpha Windward Llc Buys Patterson-UTI Energy Inc, Harsco Corp, Gap Inc, Sells Staples Inc, ... (GuruFocus)

US stock futures are slightly lower this morning. Futures for the Dow Jones Industrial Average dropped 6 points to 15,387.00 and S&P 500 index futures fell 1.10 points to 1,669.00. Nasdaq 100 futures declined 1.75 points to 3,053.25.

US stocks closed higher on Thursday, with the Dow Jones Industrial Average jumping 1.11% to 15,460.92, the S&P 500 index rising 1.36% to 1,675.02 and the Nasdaq 100 index gaining 1.63% to 3,578.30.

The producer price index for June will be released at 8:30 a.m. ET, while the Reuter's/University of Michigan's consumer sentiment index for July will be released at 9:55 a.m. ET.

Gap (NYSE: GPS) reported upbeat same-store sales for June.

AngioDynamics (NASDAQ: ANGO) reported its adjusted earnings of $0.07 per share on revenue of $90 million in the fiscal fourth quarter. However, analysts were projecting earnings of $0.07 per share on revenue of $86.6 million.

JPMorgan Chase & Co (NYSE: JPM) is expected to report its Q2 earnings at $1.44 per share on revenue of $24.84 billion. Webster Financial (NYSE: WBS) is projected to report its Q2 earnings at $0.48 per share on revenue of $147.63 million.

Wells Fargo & Company (NYSE: WFC) is expected to report its Q2 earnings at $0.93 per share on revenue of $21.21 billion.

European markets were higher today. The STOXX Europe 600 Index surged 0.34%, London's FTSE 100 index gained 0.35%, French CAC 40 Index climbed 0.35% and German DAX 30 index rose 0.78%.

Asian markets ended mostly higher, with Japan's Nikkei Stock Average gaining 0.23%, China's Shanghai Composite dropping 1.62% and Australia's ASX/S&P500 rising 0.21%. Hong Kong's Heng Seng Index declined 0.75% and India's Sensex rose 1.54%.

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


Related Articles (ANGO + GPS)

View Comments and Join the Discussion!

Partner Center