Investing.com - U.S. stock futures pointed to a steady open on Tuesday, as investors remained cautious ahead of a highly anticipated U.S. employment report, expected later in the day.
Ahead of the open, the Dow Jones Industrial Average futures pointed to a 0.01% dip, S&P 500 futures signaled a 0.07% loss, while the Nasdaq 100 futures indicated a 0.03% gain.
Markets were jittery amid concerns over the negative impact of the 16-day U.S. government shutdown on the already fragile economic recovery.
Fears over a drag on growth fuelled expectations that the Federal Reserve would delay plans to start tapering its stimulus program until at least the start of next year.
Investors were awaiting the September nonfarm payrolls report, which had been originally scheduled for release on October 4, to help assess the timing for a reduction in the Fed’s bond purchasing program.
Texas Instruments was expected to be active, after the company forecast sales and profit that may fall short of analysts’ estimates as some customers cut orders ahead of an anticipated slowdown in demand for their products.
Also in the tech sector, Apple climbed 0.70% in pre-market trade as the company was scheduled to hold a highly-anticipated product launch on Tuesday, where it was expected to unveil new versions of its full-sized iPad and iPad Mini just before the holiday season.
RadioShack was also likely to be in focus, following reports the consumer-electronics seller received commitments for USD835 million in new financing, replacing its existing USD625 million credit facilities.
Shares in the company were still down 0.85% in after hour trade.
Elsewhere, Facebook gained 0.91% in early trading, after the social-networking site was down for some users Monday morning. Shortly after, the company said full service had been restored.
Other stocks likely to be in focus included DuPont, Travelers, United Tech, Amgen and Broadcom, scheduled to report quarterly earnings later in the day.
Across the Atlantic, European stock markets were mixed to lower. The EURO STOXX 50 eased 0.05%, France’s CAC 40 dipped 0.03%, Germany's DAX edged down 0.08%, while Britain's FTSE 100 added 0.17%.
During the Asian trading session, Hong Kong's Hang Seng Index slid 0.52%, while Japan’s Nikkei 225 Index edged up 0.13%.
Ahead of the open, the Dow Jones Industrial Average futures pointed to a 0.01% dip, S&P 500 futures signaled a 0.07% loss, while the Nasdaq 100 futures indicated a 0.03% gain.
Markets were jittery amid concerns over the negative impact of the 16-day U.S. government shutdown on the already fragile economic recovery.
Fears over a drag on growth fuelled expectations that the Federal Reserve would delay plans to start tapering its stimulus program until at least the start of next year.
Investors were awaiting the September nonfarm payrolls report, which had been originally scheduled for release on October 4, to help assess the timing for a reduction in the Fed’s bond purchasing program.
Texas Instruments was expected to be active, after the company forecast sales and profit that may fall short of analysts’ estimates as some customers cut orders ahead of an anticipated slowdown in demand for their products.
Also in the tech sector, Apple climbed 0.70% in pre-market trade as the company was scheduled to hold a highly-anticipated product launch on Tuesday, where it was expected to unveil new versions of its full-sized iPad and iPad Mini just before the holiday season.
RadioShack was also likely to be in focus, following reports the consumer-electronics seller received commitments for USD835 million in new financing, replacing its existing USD625 million credit facilities.
Shares in the company were still down 0.85% in after hour trade.
Elsewhere, Facebook gained 0.91% in early trading, after the social-networking site was down for some users Monday morning. Shortly after, the company said full service had been restored.
Other stocks likely to be in focus included DuPont, Travelers, United Tech, Amgen and Broadcom, scheduled to report quarterly earnings later in the day.
Across the Atlantic, European stock markets were mixed to lower. The EURO STOXX 50 eased 0.05%, France’s CAC 40 dipped 0.03%, Germany's DAX edged down 0.08%, while Britain's FTSE 100 added 0.17%.
During the Asian trading session, Hong Kong's Hang Seng Index slid 0.52%, while Japan’s Nikkei 225 Index edged up 0.13%.