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US Stock Futures Signal Higher Start On Wall Street

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US stock futures are higher this morning. Futures for the Dow Jones Industrial Average surged 71 points to 12,406.00 and S&P 500 index futures rose 8.20 points to 1,299.00. Nasdaq 100 futures gained 15.50 points to 2,483.75.

US stocks closed lower on Friday, with the Dow Jones Industrial Average dropping 0.59% to 12,369.38, the S&P 500 index declining 0.74% to 1,295.22 and the Nasdaq 100 index dipping 1.24% to 2,778.79.

Campbell Soup Co (NYSE: CPB) is projected to post its FQ3 earnings at $0.52 per share on sales of $1.82 billion. Tidewater Inc (NYSE: TDW) is estimated to post its Q4 earnings at $0.61 per share on revenue of $285.7 million. Krispy Kreme Doughnuts Inc (NYSE: KKD) is projected to post its Q1 earnings at $0.10 per share on revenue of $111.4 million.

Tech Data Corp (NASDAQ: TECD) is expected to post its Q1 earnings at $1.16 per share on sales of $6.18 billion. Urban Outfitters Inc (NASDAQ: URBN) is estimated to post its Q1 EPS at $0.20 on revenue of $579.33 million. Lowe's Companies Inc (NYSE: LOW) is projected to post its Q1 earnings at $0.42 per share on sales of $12.99 billion.

JDA Software Group Inc (NASDAQ: JDAS) is estimated to post its Q1 EPS at $0.57 on revenue of $171.24 million. Nordson Corporation (NASDAQ: NDSN) is expected to post its Q2 EPS at $0.87 on revenue of $321.16 million.

Shares of Brown Shoe Co Inc (NYSE: BWS) jumped 25.46% on Friday after the company reported upbeat first-quarter adjusted profit.

European markets were mostly higher today. The STOXX Europe 600 Index gained 0.26%, London's FTSE 100 Index dropped 0.91%, French CAC 40 index rose 0.63% and German DAX 30 index gained 0.33%.

Asian markets ended mostly higher, with Japan's Nikkei Stock Average rising 0.26%, Chinese Shanghai Composite gaining 0.16% and Australia's S&P/ASX 200 rising 0.62%. Hong Kong's Hang Seng index declined 0.16% and India's Sensex gained 0.19%.

Nymex crude-oil futures gained $0.30 to $91.78 in electronic trade. However, gold futures dropped $0.50 to $1,591.40 an ounce.

The dollar index (DXY) declined 0.1% to 81.201. The euro gained 0.05% against the dollar to trade at $1.2771.

The US dollar rose 0.3% versus the Japanese yen to trade at ¥79.33.

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

 

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