US Stock Futures Up Ahead Of Morgan Stanley Earnings

US stock futures are higher this morning, as investors are awaiting earnings from Morgan Stanley MS. Futures for the Dow Jones Industrial Average jumped 57 points to 12,917.00 and S&P 500 index futures rose 5.20 points to 1,372.50. Nasdaq 100 futures gained 15 points to 2,635.00. US stocks closed higher on Wednesday, with the Dow Jones Industrial Average rising 0.81% to 12,908.70, the S&P 500 index gaining 0.67% to 1,372.78 and the Nasdaq 100 index surging 1.12% to 2,942.60. Data on weekly jobless claims and June durable-goods orders will be released at 8:30 a.m. ET. Data on June pending home sales will be released at 10 a.m. ET. Morgan Stanley is estimated to report its Q2 EPS at $0.43 on revenue of $7.70 billion. Google GOOG is projected to post its Q2 earnings at $10.05 per share on revenue of $8.41 billion. Safeway SWY is expected to report its Q2 EPS at $0.49 on revenue of $10.34 billion. Unitedhealth Group UNH is estimated to report its Q2 earnings at $1.19 per share on revenue of $27.34 billion. Microsoft MSFT is estimated to post its Q4 EPS at $0.62 on revenue of $18.11 billion. KeyCorp KEY is expected to report its Q2 EPS at $0.18 on revenue of $997.46 million. Verizon Communications VZ is projected to report its Q2 earnings at $0.64 per share on revenue of $28.56 billion. AutoNation AN is estimated to report its Q2 EPS at $0.59 on revenue of $3.73 billion. Johnson Controls JCI is projected to report its Q3 EPS at $0.66 on revenue of $10.82 billion. Southwest Airlines Co LUV is projected to report its Q2 EPS at $0.32 on revenue of $4.58 billion. eBay EBAY posted better-than-expected second-quarter results. International Business Machines IBM posted a rise in its second-quarter profit and lifted its earnings forecast for the year. American Express AXP posted a 1% rise in its second-quarter net profit. European markets were higher today. The STOXX Europe 600 Index rose 0.49%, London's FTSE 100 Index gained 0.28%, French CAC 40 Index gained 0.51% and German DAX 30 index rose 0.54%. Asian markets ended higher, with Japan's Nikkei Stock Average rising 0.79%, China's Shanghai Composite gaining 0.73% and Australia's S&P/ASX 200 rising 1.92%. Hong Kong's Hang Seng Index surged 1.66% India's Sensex rose 0.51%. Nymex crude-oil futures gained $0.64 cents to $90.51 a barrel. However, gold futures climbed $9.10 to $1,579.90 an ounce. The dollar index dropped 0.1% to 82.967.