US Stock Futures Flat; Economic Data, Fed Decision In Focus

US stock futures are mostly flat this morning, as investors are awaiting ADP national employment report and GDP data. Futures for the Dow Jones Industrial Average surged 2 points to 15,495.00 and S&P 500 index futures rose 1 points to 1,685.70. Nasdaq 100 futures gained 0.75 points to 3,086.25. US stocks closed mixed on Tuesday, with the Dow Jones Industrial Average dropping 0.01% to 15,520.59, the S&P 500 index rising 0.04% to 1,685.96 and the Nasdaq 100 index gaining 0.48% to 3,616.47. The MBA purchase applications index will be released at 7:00 a.m. ET, while the ADP national employment report for July will be released at 8:15 a.m. ET. Data on GDP growth for the second quarter and the employment cost index for the second quarter will be released at 8:30 a.m. ET. The Chicago PMI for July will be released at 9:45 a.m. ET, while the EIA weekly report on petroleum inventories will be released at 10:30 a.m. ET. The FOMC will announce its policy decision at 2:00 p.m. ET. Riverbed Technology RVBD reported downbeat second-quarter revenue. Genworth Financial GNW reported weaker-than-expected second-quarter results. Hess HES is estimated to report its Q2 earnings at $1.41 per share on revenue of $4.62 billion. MasterCard MA is projected to report its Q2 earnings at $6.30 per share on revenue of $2.00 billion. Comcast CMCSA is projected to report its Q2 earnings at $0.63 per share on revenue of $16.01 billion. Exelon EXC is expected to report its Q2 earnings at $0.54 per share on revenue of $6.15 billion. Southern Company SO is projected to report its Q2 earnings at $0.68 per share on revenue of $4.30 billion. Hospira HSP is projected to report its Q2 earnings at $0.51 per share on revenue of $1.03 billion. CBS CBS is expected to post its Q2 earnings at $0.72 per share on revenue of $3.52 billion. Whole Foods Market WFM is projected to post its Q3 earnings at $0.37 per share on revenue of $3.09 billion. The Allstate ALL is estimated to post its Q2 earnings at $0.98 per share on revenue of $7.00 billion. Williams Companies WMB is projected to post its Q2 earnings at $0.15 per share on revenue of $1.85 billion. Marriott International MAR is estimated to post its Q2 earnings at $0.57 per share on revenue of $3.21 billion. Con-way CNW is projected to post its Q2 earnings at $0.59 per share on revenue of $1.45 billion. European markets were mostly higher today. The STOXX Europe 600 Index rose 0.04%, London's FTSE 100 index gained 0.51%, French CAC 40 Index surged 0.01% and German DAX 30 index rose 0.04%. Asian markets ended mixed, with Japan's Nikkei Stock Average dropping 1.45%, China's Shanghai Composite gaining 0.19% and Australia's ASX/S&P500 rising 0.19%. Hong Kong's Heng Seng Index fell 0.32% and India's Sensex rose 0.02%.