US Stock Futures Mixed; JP Morgan Results In Focus

US stock futures are mixed this morning, as investors are awaiting quarterly results from JP Morgan Chase & Co JPM. Futures on the Dow Jones Industrial Average dropped 12 points to 12,413.00 and futures on the S&P 500 stock index fell 1.40 points to 1,310.80. Nasdaq 100 futures climbed 4.25 points to 2,348.75. US stocks closed higher on Wednesday, with the Dow Jones industrial average gaining 0.36% to 12,491.61, the broader Standard & Poor's 500 index rising 0.31% to 1,317.72 and the NASDAQ composite index surging 0.54% to 2,796.92. Data on June retail sales will be released at 8:30 a.m. ET. Data on producer prices and weekly jobless claims will also be released Thursday. JP Morgan Chase & Co is estimated to report its Q2 EPS at $1.21 on revenue of $25.13 billion. Google Inc GOOG is projected to report its Q2 operating earnings at $7.86 per share on revenue of $6.54 billion. Fairchild Semiconductor International Inc FCS is estimated to report its Q2 earnings at $0.40 per share on revenue of $430.27 million. Marriott International MAR reported a 13% rise in its second-quarter net income. The company reported its quarterly earnings at $135 million, or $0.37 per share, up from $119 million, or $0.31 per share, in the year-ago period. However, analysts were expecting earnings of $0.37 per share. Its revenue climbed 7% to around $3 billion. The company projects earnings of $1.35 to $1.43 per share for the full year, versus analysts' estimates of $1.42 per share. Yum! Brands Inc YUM reported a 10% rise in its second-quarter profit and lifted its full-year earnings forecast. Yum reported its quarterly profit at $316 million, or $0.65 per share, up from $286 million, or $0.59 per share, in the year-earlier period. Excluding tax-related impacts and other items, Yum's earnings came in at $0.66 per share. Its revenue climbed 9.4% to $2.82 billion. Analysts were expecting a profit of $0.61 per share on revenue of $2.7 billion. Asian markets ended mixed, with Japan's Nikkei Stock Average dropping 0.2458%, Australia's S&P/ASX 200 moving down 0.48% and China's Shanghai Composite gaining 0.54%. Hong Kong's Hang Seng Index rose 0.0608% and India's Sensex gained 0.12%. European markets were lower today. The STOXX Europe 600 Index has dipped 0.72%, London's FTSE 100 Index moved down 0.92%, German DAX 30 index fell 0.55% and France CAC 40 index fell 0.86%. Moody's Investors Service placed the US government debt rating on review for possible downgrade.