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US Stock Futures Edge Higher Ahead Of Jobs Report

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US stock futures are slightly higher this morning, as investors are awaiting jobs data. Futures for the Dow Jones Industrial Average surged 11 points to 15,561.00 and S&P 500 index futures rose 0.50 points to 1,700.70. Nasdaq 100 futures gained 4.75 points to 3,117.50.

US stocks closed higher on Thursday, with the Dow Jones Industrial Average surging 0.83% to 15,628.02, the S&P 500 index rising 1.25% to 1,706.87 and the Nasdaq 100 index gaining 1.36% to 3,675.74.

Data on nonfarm payrolls for July, and personal income and spending will be released at 8:30 a.m. ET. Data on factory orders for June will be released at 10:00 a.m. ET.

American International Group (NYSE: AIG) reported a 17% rise in its second-quarter profit and declared a quarterly dividend of $0.10 per share.

LinkedIn (NYSE: LNKD) reported upbeat second-quarter results.

Cablevision Systems (NYSE: CVC) is estimated to report its Q2 earnings at $0.04 per share on revenue of $1.58 billion. Brinker International (NYSE: EAT) is projected to report its Q4 earnings at $0.74 per share on revenue of $736.31 million. Chevron (NYSE: CVX) is estimated to report its Q2 earnings at $2.96 per share on revenue of $56.01 billion. Eaton Corporation plc (NYSE: ETN) is projected to report its Q2 earnings at $1.11 per share on revenue of $5.77 billion.

Sealed Air (NYSE: SEE) is expected to report its Q2 earnings at $0.25 per share on revenue of $1.97 billion. Viacom (NASDAQ: VIAB) is estimated to report its Q3 earnings at $1.30 per share on revenue of $3.58 billion. United States Cellular (NYSE: USM) is projected to report its Q2 earnings at $0.12 per share on revenue of $1.02 billion. Host Hotels & Resorts (NYSE: HST) is estimated to report its Q2 earnings at $0.40 per share on revenue of $1.43 billion.

Pinnacle West Capital (NYSE: PNW) is projected to report its Q2 earnings at $1.14 per share on revenue of $888.05 million. Church & Dwight Co (NYSE: CHD) is projected to report its Q2 earnings at $0.60 per share on revenue of $790.87 million. American Axle & Manufacturing Holdings (NYSE: AXL) is estimated to report its Q2 earnings at $0.30 per share on revenue of $811.70 million.

European markets were mixed today. The STOXX Europe 600 Index rose 0.22%, London's FTSE 100 index dropped 0.19%, French CAC 40 Index surged 0.12% and German DAX 30 index fell 0.03%.

Asian markets ended mostly higher, with Japan's Nikkei Stock Average jumping 3.29%, China's Shanghai Composite rising 0.02% and Australia's ASX/S&P500 gaining 1.02%. Hong Kong's Heng Seng Index rose 0.46% and India's Sensex fell 0.74%.

 

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