US Stock Futures Up After Obama Victory

US stock futures are higher this morning, after President Barack Obama won the re-election. Futures for the Dow Jones Industrial Average surged 19 points to 13,220.00 and S&P 500 index futures rose 4.20 points to 1,429.40. Nasdaq 100 futures gained 8.50 points to 2,684.25. US stocks closed higher on Tuesday, with the Dow Jones Industrial Average rising 1.02% to 13,245.68, the S&P 500 index gaining 0.79% to 1,428.39 and the Nasdaq 100 index surging 0.41% to 3,011.93. Macy's M is projected to report its Q3 earnings at $0.29 per share on revenue of $6.07 billion. AES AES is expected to report its Q3 earnings at $0.35 per share on revenue of $4.69 billion. Becton, Dickinson and Company BDX is estimated to report its Q3 EPS at $1.40 on revenue of $1.97 billion. Prudential Financial PRU is projected to post its Q3 EPS at $1.68 on revenue of $10.77 billion. Whole Foods Market WFM is estimated to post its Q4 earnings at $0.60 per share on revenue of $2.91 billion. Tenet Healthcare THC is expected to report its Q3 EPS at $0.34 on revenue of $2.24 billion. Perrigo Co PRGO is projected to report its Q1 EPS at $1.23 on revenue of $825.78 million. Kraft Foods Group KRFT is estimated to report its Q3 EPS at $0.69 on revenue of $4.56 billion. Time Warner TWX is projected to report its Q3 EPS at $0.82 on revenue of $6.90 billion. CBS CBS is expected to post its Q3 EPS at $0.61 on revenue of $3.49 billion. LivePerson LPSN reported weaker-than-expected Q3 revenue and issued downbeat forecast for the fourth quarter. News Corp NWSA reported a better-than-expected first-quarter profit. European markets were higher today. The STOXX Europe 600 Index surged 0.58%, London's FTSE 100 Index rose 0.52%, French CAC 40 Index climbed 0.89% and German DAX 30 index gained 0.64%. Asian markets ended mostly higher, with Japan's Nikkei Stock Average falling 0.03%, China's Shanghai Composite dropping 0.01% and Australia's S&P/ASX 200 rising 0.68%. Hong Kong's Hang Seng index gained 0.71% and India's Sensex gained 0.45%. The dollar index (DXY) declined 0.25% to trade at 80.43, versus 80.606 in late North American trading on Tuesday. Crude oil for December delivery fell $0.30 to trade at $88.41 a barrel, while gold for December delivery gained $15.10 to $1,730.10 an ounce.