US Stock Futures Edge Higher Ahead Of Jobs Report

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 AIG reported a 17% rise in its second-quarter profit and declared a quarterly dividend of $0.10 per share. LinkedIn LNKD reported upbeat second-quarter results. Cablevision Systems CVC is estimated to report its Q2 earnings at $0.04 per share on revenue of $1.58 billion. Brinker International EAT is projected to report its Q4 earnings at $0.74 per share on revenue of $736.31 million. Chevron CVX is estimated to report its Q2 earnings at $2.96 per share on revenue of $56.01 billion. Eaton Corporation plc ETN is projected to report its Q2 earnings at $1.11 per share on revenue of $5.77 billion. Sealed Air SEE is expected to report its Q2 earnings at $0.25 per share on revenue of $1.97 billion. Viacom VIAB is estimated to report its Q3 earnings at $1.30 per share on revenue of $3.58 billion. United States Cellular USM is projected to report its Q2 earnings at $0.12 per share on revenue of $1.02 billion. Host Hotels & Resorts HST is estimated to report its Q2 earnings at $0.40 per share on revenue of $1.43 billion. Pinnacle West Capital PNW is projected to report its Q2 earnings at $1.14 per share on revenue of $888.05 million. Church & Dwight Co CHD is projected to report its Q2 earnings at $0.60 per share on revenue of $790.87 million. American Axle & Manufacturing Holdings 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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