US STOCKS-Futures higher on Wal-Mart, Home Depot results

martes 17 de noviembre de 2015 08:17 GYT
 

* Futures up: Dow 90 pts, S&P 8.50 pts, Nasdaq 19.50 pts

By Abhiram Nandakumar

Nov 17 (Reuters) - U.S. stock index futures were higher on Tuesday after better-than-expected earnings from Dow components Wal-Mart and Home Depot following a sharp selloff in retail stocks last week.

* Shares of Wal-Mart rose 3.3 percent to $59.80, while Home Depot was up 2.5 percent at $123.90 in premarket trading.

* U.S. stocks logged their largest weekly loss since August last week on the back of weak economic data and disappointing earnings from retailers such as Macy's.

* Investors will also scrutinize data on consumer prices on Tuesday amid concerns over weak retail demand ahead of the holiday shopping season.

* The data, due at 8:30 a.m. ET (1330 GMT), is expected to show U.S. consumer prices likely rose 0.2 percent in October, after dropping for two months.

* Urban Outfitters slumped 10 percent to $20.40 after the apparel retailer reported disappointing quarterly comparable sales.

* U.S. industrial output is forecast to have increased 0.1 percent in October. The report is due at 9:15 a.m.   Continuación...