Stock futures edge higher as earnings loom
- Associated Press
- October 21, 2013 - 7:25 AM
NEW YORK — U.S. stock futures are rising slightly at the beginning of a busy week of corporate earnings reports.
Dow Jones industrial futures are up 4 points at 15,320. The broader Standard & Poor's 500 futures are up 1 point at 1,738. Nasdaq futures are up 8 points to 3,350.
Fast-food chain McDonald's Corp.'s stock fell after it issued a tepid outlook. It's down almost 2 percent at $93.41.
Stocks driving the Dow in premarket trading include AT&T, up almost 2 percent at $35.30. The telecom giant announced a deal to lease or sell the rights to 9,700 wireless towers for $4.85 billion.
Investors will get a long-awaited look at an important economic indicator on Tuesday, when the September U.S. unemployment report comes out after being delayed by the government shutdown.
© 2013 Star Tribune