Stock Futures Flat After Home Depot Posts Mixed Results

By MarketsFOXBusiness

FOX Business: Capitalism Lives Here

U.S. stock-index futures wavered on Tuesday as traders digested mixed results from blue-chip home-improvement retailer Home Depot.

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Today's Markets

As of 7:55 a.m. ET, Dow Jones Industrial Average futures fell 5 points, or 0.03%, to 16476, S&P 500 futures dipped 0.5 point, or 0.03%, to 1882 and Nasdaq 100 futures rose 0.7 point, or 0.02%, to 3614.

The markets spent much of Monday lazily floating about the unchanged line. The business news calendar is similarly slow on Tuesday, which is amplified by light volume ahead of the Memorial Day holiday in the U.S.

Home Depot (NYSE:HD) revealed narrowly better-than-expected quarterly profits, but weak sales results drove sales of the world's biggest home improvement retailer into the red. Urban Outfitters (NASDAQ:URBN) revealed mixed results as well, pushing its shares lower.

Credit Suisse (NYSE:CS) pleaded guilty to criminal charges it helped Americans evade taxes. The big Swiss bank will pay $2.6 billion to settle the suit, but it doesn't expect the pact to materially affect its operations.

There are no major reports on the economic docket. New York Federal Reserve President William Dudley will sit down in an exclusive interview with FOX Business Network at 4 p.m. ET.

Elsewhere, U.S. crude oil futures rose 3 cents, or 0.03%, to $102.64 a barrel. Wholesale New York Harbor gasoline dipped 0.18% to $2.959 a gallon. Gold slumped $2.80, or 0.21%, to $1,291 a troy ounce.

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