US Stock Futures Up As Investors Await Housing Data

US stock futures are higher this morning, as investors are awaiting housing data. Futures on the Dow Jones Industrial Average gained 39 points to 12,401.00 and futures on the S&P 500 stock index rose 5.20 points to 1,320.40. Nasdaq 100 futures surged 6.25 points to 2,321.75. US stocks closed lower on Monday, with the Dow Jones industrial average dropping 1.05% to 12,381.26, the broader Standard & Poor's 500 index declining 1.19% to 1,317.37 and the NASDAQ composite index dipping 1.58% to 2,758.90. Data on US new home sales for April will be released at 10 a.m. ET. TiVo Inc (NASDAQ:

) is projected to report a Q1 loss at $0.31 per share on revenue of $41.98 million. AutoZone Inc (NYSE:

) is projected to report its FQ3 EPS at $4.99 on revenue of $1.92 billion. Take-Two Interactive Software Inc (NASDAQ:

) is expected to report a FQ4 loss at $0.41 per share on revenue of $145.72 million. Medtronic Inc (NYSE:

) is projected to post its FQ4 earnings at $0.93 per share on revenue of $4.29 billion. Cracker Barrel Old Country Store Inc (NASDAQ:

) is expected to post its FQ3 EPS at $0.66 on revenue of $594.45 million. Applied Materials Inc (NASDAQ:

) is projected to report its Q2 earnings at $0.37 per share on revenue of $2.77 billion. DSW Inc (NYSE:

) is expected to post its Q1 earnings at $0.75 per share on revenue of $486.54 million. GT Solar International Inc (NASDAQ:

) reported an increase in its fiscal fourth-quarter earnings and lifted its forecast. GT Solar reported its FQ4 profit at $51.9 million, or $0.41 per share, up from $33.3 million, or $0.23 per share, in the year-earlier period. Its revenue climbed to $271.6 million from $194.7 million. However, analysts were expecting a profit of $0.34 per share on revenue of $223.2 million. GT Solar lifted its FY12 earnings outlook to a range of $1.55 to $1.85 per share, from its earlier range of $1.25 to $1.50 per share. Analysts expected FY12 earnings of $1.46 per share. CNinsure Inc (NASDAQ:

) reported a more than three-fold year-over-year surge in its first-quarter net income. Asian markets ended mixed, with Japan's Nikkei Stock Average gaining 0.17%, Australia's S&P/ASX 200 moving down 0.31% and China's Shanghai Composite declining 0.28%. Hong Kong's Hang Seng Index rose 0.09% and India's Sensex gained 0.13%. European markets were higher today. The STOXX Europe 600 Index has gained 0.36%, London's FTSE 100 Index moved up 0.55%. Nymex oil futures gained $1.33 to trade at $99.03 a barrel in electronic trade. Against the dollar, the euro gained 0.7% to trade at $1.4111. However, the greenback fell 0.1% to trade at ¥81.86 against the Japanese yen. Read more