US Stock Futures Point To Subdued Open Amid Absence Of Fresh Economic Data; Earnings From American Eagle Outfitters, Dicks Sporting Goods Will Be Watched

Wall Street
A woman walks down Wall Street in New York's financial district on March 4, 2014. Reuters/Brendan McDermid

Stock futures point to yet another weak start, and a slow trading session, on Tuesday with no fresh economic data releases to provide direction, and only a handful of retail companies scheduled to declare earnings.

Futures on the Dow Jones Industrial Average were down 0.12 percent and futures on the S&P 500 were down 0.16 percent while those on the Nasdaq were down 0.07 percent. On Monday, the Dow slid 0.21 percent and the S&P 500 edged down 0.05 percent while the Nasdaq inched down 0.04 percent.

On the earnings front, American Eagle Outfitters (NYSE:AEO) and Dicks Sporting Goods Inc (NYSE:DKS) among those scheduled to announce quarterly earnings before markets open.

In Europe, markets were mostly weak with the Stoxx Europe 600 index trading down 0.1 percent and the FTSE 100 was down 0.37 percent. However, Germany’s DAX-30 was slightly up 0.1 percent while France's CAC-40 was down 0.3 percent.

In Asia, markets were mixed, with Japan’s Nikkei-225 moving up 0.69 percent while Australia’s S&P/ASX 200 edged up 0.04 percent. Hong Kong’s Hang Seng was nearly flat, up 0.02 percent, while the Shanghai Composite was up 0.1 percent. South Korea’s Kospi was up 0.48 percent while India’s BSE Sensex dropped 0.49 percent.

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