US stock futures are higher this morning, as investors are awaiting same-store sales from retailers, employment data and an interest-rate decision from the ECB. Futures on the Dow Jones Industrial Average surged 30 points to 12,599.00 and futures on the S&P 500 stock index rose 4.00 points to 1,339.80. Nasdaq 100 futures gained 7.25 points to 2,382.50.
US stocks closed higher on Wednesday, with the Dow Jones industrial average gaining 0.45% to 12,626.02, the broader Standard & Poor's 500 index rising 0.10% to 1,339.22 and the NASDAQ composite index surging 0.29% to 2,834.02.
The ADP employment report for June will be released at 8:15 a.m. ET and weekly jobless claims will be released at 8:30 a.m. ET.
Helen of Troy Limited HELE is expected to report its Q1 EPS at $0.76 on revenue of $260.20 million. WD-40 Company WDFC is projected to report its FQ3 EPS at $0.53 on revenue of $87.55 million.
Zumiez Inc ZUMZ reported a 9.8% rise in its June sales at stores open at least one year. Analysts were expecting same-store sales to increase 5.6%. Its total net sales for the five weeks ended July 2 surged 16.8% y/y to $43.5 million.
Visa Inc V projects its earnings-per-share growth to slow to the mid-to-high teens and revenue growth to slow to the high-single-digit to low-double-digit range in 2012. However, analysts were expecting 11% revenue growth and 16% earnings growth for 2012. The company affirmed its forecast for current fiscal year.
Asian markets ended mixed, with Japan's Nikkei Stock Average dropping 0.1125%, Australia's S&P/ASX 200 moving up 0.05% and China's Shanghai Composite dipping 0.58%. Hong Kong's Hang Seng Index rose 0.0561% and India's Sensex surged 1.88%.
European markets were higher today. The STOXX Europe 600 Index has gained 0.36%, London's FTSE 100 Index moved up 0.37%, German DAX 30 index rose 0.42% and France CAC 40 index surged 0.45%.
The ECB is expected to announce its decision at 7:45 a.m. ET.
August crude futures gained $0.82 to $97.47 a barrel. However, gold futures for August delivery fell $2 to $1,527.20 an ounce.
The dollar index (DXY) gained 0.12% to 75.10. The dollar gained 0.2% against the euro to trade at $1.4305.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In: NewsFuturesGlobalPre-Market OutlookMarketsApparel RetailConsumer DiscretionaryConsumer StaplesData Processing & Outsourced ServicesHousehold AppliancesHousehold ProductsInformation TechnologyUS Stock Futures
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in