US Stock Futures Up Ahead Of Economic Data

US stock futures are higher this morning. Futures for the Dow Jones Industrial Average surged 47 points to 12,617.00 and S&P 500 index futures rose 6 points to 1,365.80. Nasdaq 100 futures gained 12 points to 2,545.00. US stocks closed higher on Friday, with the Dow Jones Industrial Average rising 0.37% to 12,588.31, the S&P 500 index gaining 0.48% to 1,359.88 and the Nasdaq 100 index jumping 0.57% to 2,853.13. Data on existing home sales for October and the NAHB's housing market index for November will be released at 10 a.m. ET. Lowe's Companies LOW is projected to report its Q3 earnings at $0.35 per share on revenue of $11.91 billion. Agilent Technologies A is estimated to post its Q4 earnings at $0.80 per share on revenue of $1.76 billion. Brocade Communications Systems BRCD is projected to post its Q4 EPS at $0.14 on revenue of $566.58 million. Urban Outfitters URBN is projected to post its Q3 earnings at $0.41 per share on revenue of $692.38 million. Jack in the Box JACK is estimated to post its Q4 EPS at $0.37 on revenue of $488.79 million. Krispy Kreme Doughnuts KKD is estimated to post its Q3 EPS at $0.08 on revenue of $104.56 million. Tyson Foods TSN is projected to report its Q4 earnings at $0.44 per share on revenue of $8.49 billion. Shoe Carnival SCVL is estimated to post its Q3 EPS at $0.58 on revenue of $242.49 million. Franklin Resources BEN announced a special cash dividend of $3.00 per share. Cisco Systems CSCO announced its plans to buy Meraki for $1.2 billion. European markets were higher today. The STOXX Europe 600 Index rose 1.03%, London's FTSE 100 Index climbed 1.01%, French CAC 40 Index gained 1.30% and German DAX 30 index surged 1.32%. Asian markets ended higher, with Japan's Nikkei Stock Average rising 1.43%, China's Shanghai Composite gaining 0.11% and Australia's S&P/ASX 200 rising 0.52%. Hong Kong's Hang Seng Index surged 0.49% India's Sensex rose 0.16%. Nymex crude-oil futures climbed $1.97 to trade at $87.84 a barrel in electronic trade. The dollar index dropped 0.2% to trade at 81.03.