US Stock Futures Up Ahead of Hasbro, Caterpillar Earnings

US stock futures are higher this morning, as investors are awaiting earnings from Hasbro HAS and Caterpillar CAT. Futures for the Dow Jones Industrial Average surged 47 points to 13,299.00 and S&P 500 index futures rose 6 points to 1,430.00. Nasdaq 100 futures climbed 17.25 points to 2,681.25. US stocks closed lower on Friday, with the Dow Jones Industrial Average dropping 1.52% to 13,343.51, the S&P 500 index falling 1.66% to 1,433.19 and the Nasdaq 100 index dipping 2.19% to 3,005.62. Hasbro is projected to report its Q3 earnings at $1.20 per share on revenue of $1.38 billion. Yahoo! YHOO is expected to post its Q3 earnings at $0.26 per share on revenue of $1.08 billion. Lennox International LII is projected to report its Q3 earnings at $0.94 per share on revenue of $913.26 million. Freeport-McMoRan Copper & Gold FCX is estimated to report its Q3 earnings at $0.73 per share on revenue of $4.36 billion. Caterpillar is projected to report its Q3 earnings at $2.23 per share on revenue of $16.79 billion. Bank of Hawaii BOH is expected to report its Q3 earnings at $0.89 per share on revenue of $143.32 million. Texas Instruments TXN is estimated to post its Q3 EPS at $0.46 on revenue of $3.34 billion. V.F. Corporation VFC is projected to report its Q3 earnings at $3.49 per share on revenue of $3.17 billion. Edwards Lifesciences EW reported a 35% surge in its third-quarter income and cut its 2012 net income forecast. European markets were higher today. The STOXX Europe 600 Index surged 0.22%, London's FTSE 100 Index gained 0.20%, French CAC 40 Index climbed 0.22% and German DAX 30 index rose 0.09%. Asian markets ended mostly higher, with Japan's Nikkei Stock Average rising 0.09%, China's Shanghai Composite rising 0.21% and Australia's S&P/ASX 200 dropping 0.63%. Hong Kong's Hang Seng index rose 0.68% and India's Sensex surged 0.63%. Crude-oil futures for November delivery gained $0.55 to trade at $90.60 a barrel. The dollar index (DXY) dropped 0.07% to trade at 79.57, down from 79.629 in North American trade late Friday.