Stock futures pointed toward a strong open for Tuesday's trading session following positive results out of the retail giants Wal-Mart WMT and Home Depot HD and potential M&A activity in the mining sector.
As of 7:20 a.m. in New York, the Dow Jones Industrial Average futures climbed 50 points, or 0.5%, to 10324, the S&P 500 index futures were up 6.7 points to 1083.80 and the Nasdaq 100 futures were up 9.75 points to 1829.75.
The home improvement giant saw its shares rise 3% in pre-market trading following the company reporting a second-quarter profit of 72 cents per share, up from 66 cents a year earlier. Revenue was $19.41 billion in the quarter.
Home Depot beat analysts' estimates on the bottom line, who on average were looking for 71 cents per share, but missed on top-line estimates.
To read the rest, head over to FOX Business.
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Posted In: NewsMarketsConsumer DiscretionaryConsumer StaplesHome Improvement RetailHypermarkets & Super Centers
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