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U.S. stocks: Futures higher; Boeing ahead Whirlpo

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Post# of 102845
Posted On: 07/23/2014 7:24:12 AM
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Posted By: ruliquid
U.S. stocks: Futures higher; Boeing ahead
Whirlpool drops on results; Apple, Microsoft shares eyed
MADRID (MarketWatch) — Wall Street stocks were set to open modestly higher on Wednesday, though earnings from Boeing Co. and PepsiCo Inc., among others, will command investors’ attention before the bell.

Reaction to results late Tuesday from Apple Inc. and Microsoft Corp. could also be seen in the premarket trading hours.

Futures for the Dow Jones Industrial Average (CBE JU4) rose 30 points to 17,063, while those for the S&P 500 index (GLC:SPU4) were up 3.8 points to 1,978.70. Futures for the Nasdaq-100 index (GLC:NDU4) gained 7 points to 3,957.50.

The data calendar is empty for Wednesday, leaving investors to fix their attention on corporate earnings. Reporting early, Whirlpool Corp. (NYSE:WHR) posted weaker-than-expected earnings, and shares were off over 5% in thin, premarket trade.

Boeing (NYSE:BA) is expected to post second-quarter earnings of $2 per share. Delta Air Lines Inc. (NYSE AL) , PepsiCo (NYSE EP) and Whirlpool Corp. (NYSE:WHR) are also lined up for pre-open results.

After the close, earnings from Facebook Inc. (NASDAQ:FB) and AT&T Inc. (NYSE:T) will be among the highlights.

Investors may see reaction to big tech earnings that came late Tuesday. Apple (NASDAQ:AAPL) posted a fall in iPad sales, which weighed on shares in late trading despite the company’s better-than-expected quarterly results and strong iPhone sales. http://www.marketwatch.com/story/us-stocks-fu...atest_news


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