US Stock Futures Up As Investors Await New-Home Sales Data; Silver, Gold Rise

US stock futures are higher this morning, as investors are awaiting new-home-sales data. Futures on the Dow Jones Industrial Average gained 28 points to 12,462.00 and futures on the S&P 500 stock index rose 3.80 points to 1,334.80. Nasdaq 100 futures surged 6.25 points to 2,381.75. US stock markets closed higher on Thursday, with the Dow Jones industrial average gaining 0.42% to close at 12,505.99. Data on new-home-sales report for March will be released at 10 a.m. ET. Investors are awaiting Federal Open Market Committee meeting on Tuesday and Wednesday. Advanced Micro Devices Inc AMD reported its Q1 profit at $510 million, or $0.68 per share, up from $257 million, or $0.35 per share, in the year-ago period. The company's revenue increased to $1.61 billion from $1.57 billion. AMD's adjusted income came in at $0.08 per share. However, analysts were expecting earnings of $0.05 per share on revenue of $1.61 billion. The company said that it projects its revenue will be "flat to slightly down" in the second quarter. However, analysts were expecting revenue of $1.58 billion for the second quarter. SanDisk Corp SNDK reported its Q1 net income at $224 million, or $0.92 per share, down from $235 million, or $0.99 per share, in the year-earlier quarter. The company's adjusted earnings came in at $1.03 per share. The company's revenue increased 19% to $1.29 billion. However, analysts were expecting earnings of $0.99 per share on revenue of $1.26 billion. SNDK's research and development expenses increased to about $120 million, from $99 million, in the year-earlier period. Johnson Controls Inc JCI is projected to report its Q2 EPS at $0.55 on revenue of $9.37 billion. Kimberly-Clark Corporation KMB is estimated to report its Q1 earnings at $1.18 per share on revenue of $4.98 billion. Netflix Inc NFLX is projected to report its Q1 earnings at $1.08 per share on revenue of $703.60 million. Ameriprise Financial Inc AMP is projected to post its Q1 EPS at $1.33 on revenue of $2.72 billion. Express Scripts Inc ESRX is estimated to report its Q1 earnings at $0.69 per share on revenue of $11.56 billion. Jacobs Engineering Group Inc JEC is projected to post its FQ2 EPS at $0.63 on revenue of $2.54 billion. Asian markets ended lower, with Japan's Nikkei Stock Average dropping 0.11% and China's Shanghai Composite declining 1.51%. India's Sensex fell 42.03 points Hong Kong, Europe and Australia markets were closed for Easter on Monday. The US dollar declined to a new 29-year low versus the Australian dollar. The dollar index (DXY) fell 0.2% to 73.935. May silver surged as high as $49.82 an ounce. Gold for May delivery gained $13.90 to $1,517.30 an ounce. Read more from Benzinga's Markets.
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