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U.S. stock-index futures climbed Tuesday as traders digested a round of mixed economic data and solid corporate earnings.
As of 9:04 a.m. ET, Dow Jones Industrial Average futures climbed 22 points to 15540, S&P 500 futures rose 2 points to 1761 and Nasdaq 100 futures advanced 4 points to 3387.
The broad S&P 500 ticked up to a fresh all-time closing high on Monday. The rosy sentiment pervaded into Tuesday after Apple (AAPL) posted better-than-expected quarterly profits and revenues, and a current-quarter sales estimates that beat Wall Street's expectations. However, the world's biggest tech company's gross margin forecast came in shy of estimates, putting a cap on shares.
Pfizer (PFE), meanwhile, revealed quarterly profits that beat expectations, but sales that were slightly light.
The economic docket is heavy on the day.
The Commerce Department said retail sales fell 0.1% in September, missing expectations they would rise by the same margin. Excluding the auto segment, sales rose 0.4%, matching expectations.
The closely-watched S&P/Case-Shiller home-price report prices in 20 major U.S. cities rose 1.3% in August, from the month prior, on a non-seasonally adjusted basis. Economists expected prices to rise 0.8%. Prices were up 12.8% from the year prior.
Meanwhile, the Labor Department reported wholesale inflation fell 0.1% in September, missing expectations it would rise 0.2%. Excluding the food and energy segment, prices rose 0.1%, matching economists’ expectations.
All these reports come as the Federal Reserve kicks off its two-day policy-setting meeting. Economists widely expect the central bank to hold off from tapering its vast bond-buying program until the economy strengthens further -- perhaps in December or March.
In commodities, U.S. crude oil futures fell 74 cents, or 0.74%, to $97.95 a barrel. Wholesale New York Harbor gasoline slid 1.3% to $2.598 a gallon. Gold slumped $8.70, or 0.64%, to $1,343 a troy ounce.
The Euro Stoxx 50 jumped 0.65% to 3042, the English FTSE 100 gained 0.56% to 6763 and the German DAX advanced 0.25% to 9001.
In Asia, the Japanese Nikkei 225 fell 0.49% to 14325 and the Chinese Hang Seng edged up by 0.18% to 22847.