US Stock Futures Gain Ahead Of Earnings, Economic Data

Pre-open movers US stock futures traded higher in early pre-market trade, ahead of earnings from McDonald's Corporation MCD, Amazon.com, Inc. AMZN, Microsoft Corporation MSFT and Alphabet Inc GOOGL. Data on weekly jobless claims and the Chicago Fed National Activity Index for September will be released at 8:30 a.m. ET. The FHFA House Price Index for August will be released at 9:00 a.m. ET. Data on existing home sales for September and leading economic indicators for September will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average jumped 49 points to 17,105.0, while the Standard & Poor's 500 index futures rose 7.50 points to 2,016.00. Futures for the Nasdaq 100 index climbed 18.88 points to 4,418.13. A Peek Into Global Markets European markets were mostly higher today, with the Spanish Ibex Index rising 0.07 percent, STOXX Europe 600 Index gaining 0.07 percent and German DAX 30 index climbing 0.31 percent. French CAC 40 Index slipped 0.02 percent and London's FTSE 100 Index fell 0.08 percent. In Asian markets, Japan's Nikkei Stock Average fell 0.64 percent, Hong Kong's Hang Seng Index fell 0.63 percent, China's Shanghai Composite Index jumped 1.45 percent. Broker Recommendation Analysts at UBS downgraded SanDisk Corporation SNDK from Buy to Neutral. SanDisk shares fell 0.08 percent to $76.72 in pre-market trading. Breaking news

• Eli Lilly and Co LLY reported better-than-expected earnings for the third quarter and raised its earnings forecast for the year. To read the full news, click here.
• Technip (ADR) TKPPY has been awarded an important subsea contract by JX Nippon Oil and Gas Exploration (Malaysia) Ltd in the Layang field, Block SK10, offshore Sarawak, Malaysia at a water depth of 85 meters. To read the full news, click here.
• eBay Inc EBAY reported upbeat earnings for the third quarter. To read the full news, click here.
• Boeing Co BA and Norwegian have finalized an order for 19 787-9 Dreamliners valued at more than $5 billion at current list prices. To read the full news, click here.