US Stock Futures Down Ahead Of New-Home Sales Data

US stock futures are slightly lower this morning, as investors are awaiting new-home sales data. Futures for the Dow Jones Industrial Average dropped 11 points to 12,851.00 and S&P 500 index futures fell 2.10 points to 1,395.30. Nasdaq 100 futures declined 3.25 points to 2,638.00. US stocks closed lower on Tuesday, with the Dow Jones Industrial Average dropping 0.69% to 12,878.13, the S&P 500 index falling 0.52% to 1,398.94 and the Nasdaq 100 index declining 0.30% to 2,967.79. Data on new-home sales for October will be released at 10 a.m. ET. The Federal Reserve is scheduled to release its Beige Book report at 2:00 p.m. ET. American Eagle Outfitters AEO is estimated to report its Q3 earnings at $0.39 per share on revenue of $873.26 million. The Fresh Market TFM is expected to report its Q3 EPS at $0.26 on revenue of $318.60 million. Express EXPR is projected to report its Q3 earnings at $0.17 per share on revenue of $468.80 million. Pall PLL is estimated to post its Q1 EPS at $0.66 on revenue of $633.94 million. La-Z-Boy LZB is projected to post its Q2 EPS at $0.20 on revenue of $325.38 million. rue21 RUE is estimated to post its Q3 EPS at $0.39 on revenue of $228.85 million. JA Solar Holdings Co JASO is projected to report a Q3 loss at $0.20 per share on revenue of $236.99 million. Green Mountain Coffee Roasters GMCR reported upbeat fiscal fourth-quarter results and lifted its earnings forecast for fiscal 2013. Analog Devices ADI issued downbeat forecast for the fiscal first quarter. PVH PVH reported a 47% rise in its fiscal third-quarter profit. European markets were lower today. The STOXX Europe 600 Index fell 0.27%, London's FTSE 100 Index dropped 0.26%, French CAC 40 Index declined 0.36% and German DAX 30 index fell 0.15%. Asian markets ended lower, with Japan's Nikkei Stock Average dropping 1.22%, China's Shanghai Composite dropping 0.89% and Australia's S&P/ASX 200 falling 0.24%. Hong Kong's Hang Seng Index declined 0.62%. Crude-oil futures for January delivery dropped $0.40 to trade at $86.78 a barrel.