Thursday, 20 October 2011

US stock futures flat as earnings roll in

In this Oct. 18, 2011 photo, traders work on the floor of the New York Stock Exchange. Renewed hopes that Europe is close to agreeing a package of measures to deal with its debt crisis helped shore up market sentiment on Wednesday, Oct. 19, sending stocks and the euro sharply higher. (AP Photo/Richard Drew)

In this Oct. 18, 2011 photo, traders work on the floor of the New York Stock Exchange. Renewed hopes that Europe is close to agreeing a package of measures to deal with its debt crisis helped shore up market sentiment on Wednesday, Oct. 19, sending stocks and the euro sharply higher. (AP Photo/Richard Drew)

(AP) ? U.S. stock futures are little changed as investors sort through mixed corporate earnings results ahead of several reports on the U.S. economy.

AMR Corp., American Express Co. and eBay Inc. are among the companies reporting third quarter results Wednesday. Apple Inc. fell 5 percent in premarket trading after the company missed Wall Street estimates when it reported its results late Tuesday.

The government plans to report Wednesday on consumer price inflation and home construction in September. The Federal Reserve will release its snapshot of business conditions around the nation at 2 p.m. Eastern.

Two hours before the opening bell, Dow futures are up 12, or 0.1 percent, to 11,538. S&P 500 futures are up less than a point to 1,223. Nasdaq 100 futures are down 14, or 0.6 percent, to 2,349.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2011-10-19-Wall%20Street/id-9901a007324a4321aab3081fbcce2089

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