US Stock Futures Mixed; All Eyes On Fed Statement

US stock futures are mixed this morning, as investors are awaiting the Federal Reserve's statement on monetary policy. Futures for the Dow Jones Industrial Average dipped 13 points to 10,713.00 and S&P 500 index futures rose 0.50 points to 1,111.80. Nasdaq 100 futures gained 2.50 points to 2,040.50. US stocks closed lower on Monday, with the Dow Jones Industrial Average dipping 5.55% to 10,809.85, the S&P 500 index declining 6.66% to 1,119.46 and the Nasdaq 100 index dipping 6.90% to 2,357.69. The Federal Open Market Committee is expected to issue a statement on monetary policy at 2:15 p.m. ET. AOL Inc

is projected to report its Q2 earnings at $0.04 per share on revenue of $530.37 million. Beazer Homes USA Inc

is estimated to post a FQ3 loss at $0.42 per share on revenue of $231.80 million. Walt Disney Company (The)

is projected to report its FQ3 EPS at $0.73 on revenue of $10.45 billion. DISH Network Corporation

is estimated to report its Q2 EPS at $0.79 on revenue of $3.41 billion. Sempra Energy

is expected to report its Q2 EPS at $0.99 on revenue of $2.07 billion. Ralcorp Holdings Inc

is projected to report its FQ3 EPS at $1.15 on revenue of $1.15 billion. Lions Gate Entertainment Corp

is expected to post a FQ1 loss at $0.07 per share on revenue of $319.89 million. Cablevision Systems Corporation

is estimated to report its Q2 EPS at $0.44 on revenue of $1.87 billion. Take-Two Interactive Software Inc

reported a FQ1 loss at $8.6 million, or $0.11 per share, versus a profit of $27.4 million, or $0.31 per share, in the year-ago period. Its revenue dropped to $334.4 million, from $375.4 million, in the year-ago period. Excluding one-time items, TTWO's earning came in at $0.02 per share. However, analysts were expecting earnings of $0.10 per share on revenue of $353.5 million. MGM Resorts International

reported its Q2 earnings at $3.44 billion, or $6.22 per share. The recent quarter results included a $3.5 billion gain related to acquiring a controlling interest in MGM China Holdings Ltd. Its revenue climbed 17% to $1.8 billion. It posted an adjusted loss of around $0.05 per share. However, analysts were expecting a loss of $0.13 per share on revenue of $1.59 billion. European markets were lower today. The STOXX Europe 600 Index dropped 3.04%, London's FTSE 100 Index moved down 3.69%, French CAC 40 index fell 2.54% and German DAX 30 index dropped 4.53%. Most Asian markets ended lower, with Japan's Nikkei Stock Average dipping 1.6827%, Australia's S&P/ASX 200 moving up 0.99% and China's Shanghai Composite declining 0.03%. Hong Kong's Hang Seng Index fell 5.6605% and India's Sensex dipped 1.30%. Gold prices jumped on Tuesday, with the December gold contract rising $31.10, or 1.8%, to $1,744.30 an ounce in electronic trading. The dollar index (DXY) dropped 0.26% to 74.65, versus 74.689 in North American trade late Monday. The euro gained 0.38% versus the dollar to trade at $1.4233, versus $1.4185 in North American trade late Monday.