Wednesday, October 27, 2010

US Stock Futures down as investors await useful, given consumer confidence

U.S. stock futures moved down as investors await corporate earnings together with data on consumer confidence. Futures on the Dow Jones Industrial Average dropped 25 points 11,090, while futures S & P 500 dropped 0.10 points to 1.182.70. Nasdaq 100 Futures declined 4.50 2,104 points.

US stocks closed higher yesterday with the Dow Jones Industrial Average earning 0.28%.

Data on consumer confidence for October are scheduled for release at 10 am.

Texas Instruments (NYSE: TXN) casts its revenues Q4 to descend from layers of Q3. Amgen (NASDAQ: AMGN) reaffirmed its guidance adjusted for 2010 the lower extremity of 5 $ 0.05 to $ 5.25 per share.

DuPont (NYSE: gg) upbeat Q3 results reported.Ford Motor Co. (NYSE: F), Lexmark International (NYSE: LXK) and Tellabs (NASDAQ: TLAB) are all set to report their earnings before the opening bell.

European Stocks moved down, due to decline in equities of UBS (NYSE: UBS).

The euro has lost about 0.1504% against the dollar. the dollar has moved up approximately 0.3962% against the Japanese yen. the pound is moved up about 1.2%.

Gold Futures fell $ 3.40 to $ 1,27 11.60 per ounce in electronic reports, while the oil futures lost $ 0.29 for $ 82.23 per barrel.

Read more from Benzinga market.



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