Stock futures point lower
Stock index futures point to a lower open on Wall Street on Tuesday, with the down S&P 500, the Dow and Nasdaq at 0.7 to 0.8 percent at 5:03 a.m. EDT.
* European shares are lower after hitting a nine-month high on Monday, with the pan-European FTSEurofirst 300 <.FTEU3> index of top shares down 0.9 percent at 933.06 points at 5:03 a.m. EDT.
* Kraft Foods to report second-quarter numbers with analysts expecting the group to earn 54 cents a shares compared with 58 cents a share the previous year.
* Industrial conglomerate Emerson Electric is reporting third-quarter numbers, with analysts expecting the company to earn 58 cents a share compared to 82 cents a share the previous year.
* Video game publisher Electronic Arts is reporting first-quarter numbers, with analysts expecting the company to report a loss of 13 cents a share compared to 42 cents a share previously.
* Second-quarter numbers are expected from IntercontinentalExchange with analysts expecting the company to report earnings per share of $1.12 compared to $1.19 the previous year.
* Simon Property Group in its second-quarter earnings is expected to report earnings per share of 33 cents compared to 41 cents the previous year.
* D.R. Horton is reporting third-quarter earnings with analysts expecting a loss of 22 cents a share compared to $1.26 the previous year.
* Whole Foods Market reports third-quarter numbers with analysts expecting earnings per share at 19 cents compared to 24 cents a year earlier.
* Investors will also eye June U.S. personal income and consumption data, a preferred inflationary measure for the Federal Reserve, to be released at 8:30 a.m. EDT, as well as June U.S. pending home sales, due at 1400 GMT.
* General Motors Co expects to lay off thousands of factory workers after the number who voluntarily quit through a recent buyout and early retirement program fell short of the carmaker's target, according to the New York Times.
* Shares of Chesapeake Energy gained 1.8 percent to $22.76 after the closing bell on Monday following the release of second-quarter results.
* Shares of Wright Medical Group fell 4.4 percent to $13.00 after the closing bell on Monday after it released second-quarter results.
* U.S. stocks rose on Monday, pushing the S&P 500 index above 1,000 for the first time in nine months, as data on the manufacturing sector underscored optimism that the economy was recovering.
The Dow Jones industrial average <.DJI> shot up 1.3 percent, the Standard & Poor's 500 Index <.SPX> climbed 1.5 percent and the Nasdaq Composite Index <.IXIC> also advanced 1.5 percent.
(Reporting by Joanne Frearson; Editing by David Holmes)
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