Morning Briefing: 10 Things You Should Know
NEW YORK (TheStreet) -- U.S. stock futures were suggesting a flat open for Wall Street on Monday ahead of Tuesday's tight U.S. presidential election and on renewed concerns over Greece's ability to remain in the eurozone.
European stocks were trading lower. Two votes in Parliament this week could determine if cash-strapped Greece stays in the euro.
Asian shares ended Monday's session with losses. Japan's Nikkei 225 index fell 0.5% to close at 9,007.44.
The economic calendar in the U.S. Monday includes the Institute for Supply Management's October non-manufacturing index at 10 a.m. EST.
U.S. stocks on Friday finished a truncated trading week with steep losses as the October jobs report fell flat ahead of Tuesday's presidential election. The Dow Jones Industrial Average plunged more than 139 points, or 1.05%, to close at 13,093. The blue-chip index finished the week down 0.08% but is still up 7.17% so far in 2012.
A new national poll showed President Obama with the narrowest of leads over challenger Mitt Romney as the presidential race enters its final days. The president leads 48% to 47%, according to a poll of likely voters by The Wall Street Journal and NBC News.
European banking giant HSBC (HBC) said Monday third-quarter profit fell 52% and it set aside another $1.15 billion to cover potential U.S. fines for failing to stop money-laundering in its Mexican unit and compensate its U.K. customers for mis-selling payment protection insurance.
Humana (HUM), the health insurer, is expected by analysts Monday to post third-quarter earnings of $2.05 a share on revenue of $9.86 billion.
IntercontinentalExchange (ICE) is seen posting third-quarter earnings of $1.72 a share, according to analysts.
Rockwell Automation (ROK) is expected by analysts to report fiscal fourth-quarter earnings of $1.32 a share.
Warren Buffett's Berkshire Hathaway (BRK.B) on Friday said third-quarter profit jumped 72% to $3.92 billion, or $1.58 per Class B share.
-- Written by Joseph Woelfel
>To contact the writer of this article, click here: Joseph Woelfel >To submit a news tip, send an email to: tips@thestreet.com.
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