Stock futures higher, eyes on earnings, gas prices
You can share your thoughts with us atSTOCK FUTURES HIGHER, EYES ON EARNINGS, GAS PRICES (0631 GMT)European stock index futures are edging higher on Tuesday morning, with focus on a raft of corporate earnings from both sides of the Atlantic, while lower gas prices in Europe are also helping lift stocks in the region. Futures on Germany's DAX , France's CAC 40 and Britain's FTSE 100 are up between 0.1%-0.7%. European benchmark natural gas prices slid 15% on Monday, dropping below 100 euros for the first time since June amid a solid inventory position and softer demand due to mild weather. On the earnings front, HSBC and UBS reported double-digit profit declines but both beat market expectations, SAP earnings fell short of forecast, while Novartis said the strong dollar was a drag on sales generated outside the United States. On the corporate side, earnings season is well and truly upon us, with reports from UBS, SAP and Novartis likely to paint a better picture of how companies are faring.
5 months ago
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