US Stock Futures Up; Existing Home Sales Data, Earnings In Focus

US stock futures are slightly higher this morning, as investors are awaiting existing home sales data. Futures for the Dow Jones Industrial Average surged 11 points to 15,517.00 and S&P 500 index futures rose 2.20 points to 1,691.70. Nasdaq 100 futures gained 7.25 points to 3,048.00. US stocks closed mostly lower on Friday, with the Dow Jones Industrial Average dropping 0.03% to 15,543.74, the S&P 500 index rising 0.16% to 1,692.09 and the Nasdaq 100 index falling 0.66% to 3,587.61. The Chicago Fed National Activity Index for June will be released at 8:30 a.m. ET, while existing home sales data for June will be released at 10:00 a.m. ET. McDonald's MCD is expected to report its Q2 earnings at $1.40 per share on revenue of $7.09 billion. Gannett Co GCI is estimated to report its Q2 earnings at $0.58 per share on revenue of $1.33 billion. Halliburton Company HAL is projected to report its Q2 earnings at $0.72 per share on revenue of $7.25 billion. Kimberly-Clark KMB is estimated to report its Q2 earnings at $1.39 per share on revenue of $5.34 billion. Netflix NFLX is expected to post its Q2 earnings at $0.40 per share on revenue of $1.07 billion. Texas Instruments TXN is projected to post its Q2 earnings at $0.41 per share on revenue of $3.06 billion. RPM International RPM is projected to report its Q4 earnings at $0.67 per share on revenue of $1.18 billion. W.R. Berkley WRB is projected to post its Q2 earnings at $0.68 per share on revenue of $1.56 billion. Zions Bancorp ZION is expected to post its Q2 earnings at $0.41 per share on revenue of $552.38 million. Crane Co CR is expected to post its Q2 earnings at $1.04 per share on revenue of $664.47 million. Lennox International LII is projected to report its Q2 earnings at $1.19 per share on revenue of $886.03 million. European markets were mostly higher today. The STOXX Europe 600 Index rose 0.18%, London's FTSE 100 index dropped 0.05%, French CAC 40 Index gained 0.35% and German DAX 30 index rose 0.30%. Asian markets ended higher, with Japan's Nikkei Stock Average gaining 0.47%, China's Shanghai Composite surging 0.61% and Australia's ASX/S&P500 rising 0.59%. Hong Kong's Heng Seng Index rose 0.25% and India's Sensex gained 0.08%.
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