US STOCKS-U.S. futures higher after two-day selloff

jueves 23 de julio de 2015 07:18 GYT
 

* Futures up: Dow 27 pts, S&P 4 pts, Nasdaq 12 pts

By Tanya Agrawal

July 23 (Reuters) - U.S. stock index futures pointed higher on Thursday after two days of losses as investors awaited a raft of earnings results and weekly jobless numbers.

* The number of Americans filing new applications for unemployment benefits is expected to have slightly declined by 1,000 to 280,000 as the U.S. labor market continues to firm. The data is expected at 8:30 a.m. ET (1230 GMT).

* On Wednesday, Wall Street declined as the technology sector fell on disappointing results from giants including Apple and Microsoft.

* Corporate earnings will continue to drive the market with a host of big companies scheduled to report on Thursday.

* McDonald's, Caterpillar and 3M are scheduled to report before the bell while Visa, Amazon and AT&T are expected after the close.

* While markets remain near record highs, June-quarter S&P 500 earnings are expected to dip 1.5 percent, according to Thomson Reuters data, less than the 3-percent decline expected at the start of July.

* Of the companies that have reported so far, 70 percent beat earnings expectations, above the 63-percent average beat rate since 1994.   Continuación...