US Stock Futures Signal Lower Start On Wall Street, Economic Data In Focus

US stock futures are lower, this morning as investors awaited several economic reports. Futures on the Dow Jones Industrial Average dropped 79 points to 11,094.00, while S&P 500 futures declined 8.00 points to 1,187.80. Nasdaq 100 futures fell 17.75 points to 2,110.25. US stock markets ended mixed, with the blue-chip Dow index gaining 0.08%, the Nasdaq declining 0.17% and S&P 500 losing 0.12%. Data on producer prices for October is due at 8:30 a.m. ET, while a report on October industrial production will be released at 9:15 a.m. ET. The NAHB housing market index will be released at 10 a.m. ET. Home Depot HD reported better-than-expected Q3 earnings. Abercrombie & Fitch Co ANF is expected to post its Q3 EPS at $0.51 on revenue of $879 million. Wal-Mart Stores Inc WMT is likely to report its Q3 earnings at $0.90 per share on revenue of $102.26 billion. Saks Incorporated SKS is expected to post its earnings at $0.02 per share on revenue of $656 million in the third quarter. TJX TJX is estimated to post its Q3 EPS at $0.90 on revenue of $5.53 billion. Asian stocks declined, with the China's Shanghai Composite index dipping 3.98%. The Bank of Korea lifted its base rate to 2.50%. European stock markets are trading lower, with the Stoxx Europe 600 index losing about 1.19%. The euro gained 0.3% to $1.3605. Gold futures lost $6.90 to $1,361.60 an ounce in electronic trading on Globex. Oil futures lost $0.81 to $84.05 per barrel. Read more from Benzinga's Markets.
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Posted In: EarningsNewsFuturesForexGlobalIntraday UpdateMarketsTrading IdeasApparel RetailConsumer DiscretionaryConsumer StaplesDepartment StoresHome Improvement RetailHypermarkets & Super CentersUS Stock Futures
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