US Stock Futures Up As Investors Await Economic Data

US stock futures are higher, this morning as investors are awaiting economic data. Futures on the Dow Jones Industrial Average gained 28 points to 11,042.00, while S&P 500 futures moved up 4 points to 1,182.30. Nasdaq 100 futures rose 5 points to 2,124.00. US stocks closed lower yesterday, with the blue-chip Dow index losing 142.21 points, or 1.27%. Economic data on weekly jobless claims, personal income and durable-goods orders are due for release at 8:30 a.m. ET. The University of Michigan consumer-sentiment index for November and housing-market data are also due today. Tiffany & Co TIF is likely to post its Q3 earnings at $0.37 per share on revenue of $652.82 million. Deere & Company DE is forecast to report its FQ4 EPS at $0.94 on revenue of $6.22 billion. Late Tuesday, Guess Inc GES reported a 7.8% y/y rise in its FQ3 net income. The company's earnings came in at $0.75 per share. The company's revenue increased 17% y/y to $613.9 million. However, analysts were expecting earnings of $0.59 per share on $578 million in revenue. GES raised its earnings guidance for the full year. It lifted its quarterly dividend to $0.20 per share and also announced its plans to pay a one-time dividend of $2 per share. European stocks are higher, with the STOXX Europe 600 Index gaining about 0.61%, London's FTSE 100 Index moving up 0.71%. Asian markets ended mixed, with Japan's Nikkei Stock Average losing 0.84%, Australia's S&P/ASX 200 moving down 0.08% and China's Shanghai Composite gaining 1.12%. The euro dropped 0.7% to trade at $1.3307. However, oil futures rose slightly to $81.56 per barrel in electronic trading. Read more from Benzinga's Markets.