US Stock Futures Up As Investors Await Economic Data, All Eyes On GM

US stock futures are higher, this morning as investors awaited economic data. General Motors Co is set to start trading on the New York Stock Exchange (NYSE). Futures on the Dow Jones Industrial Average rose 95 points to 11,090, while S&P 500 futures gained 13.30 points to 1,191. Nasdaq 100 futures moved up 27 points to 2,124. US stock markets closed mixed yesterday, with the blue-chip Dow index losing 0.14%, the S&P 500 index gaining 0.02% and the Nasdaq Composite index rising 0.25%. Data on weekly jobless claims is due at 8:30 a.m. ET. The report on October leading indicators and the November Philadelphia Fed business outlook survey will be released at 10 a.m. ET. Staples Inc SPLS reports its Q3 adjusted EPS at $0.41, beating the consensus of $0.40. Dollar Tree Inc DLTR is all set to report its quarterly earnings today. Sears Holdings Corp SHLD reported wider-than-expected Q3 loss. General Motors Co will start trading on the NYSE under the ticker “GM.” GM priced its common stock offering at $33.00 per share. Positive sentiments ruled the European markets today. While STOXX Europe 600 Index has advanced 1.24%, London's FTSE 100 Index moved up 1.46%. Asian markets ended in the positive territory, with Japan's Nikkei Stock Average adding 2.06%, Australia's S&P/ASX 200 moving up 0.38% and China's Shanghai Composite gaining 0.93%. The dollar index (DXY) lost 0.76% to 78.48. Commodity prices rose, driven by the weakness in the US dollar. Gold futures gained $17.90 to $1,354.80 an ounce in electronic trading on Globex. Oil futures moved up $1.34 to $81.78 per barrel. Read more from Benzinga's Markets.
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