Morning Briefing: 10 Things You Should Know
NEW YORK (
) -- 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.
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
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) - Get Report
, 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) - Get Report
is seen posting third-quarter earnings of $1.72 a share, according to analysts.
Rockwell Automation
(ROK) - Get Report
is expected by analysts to report fiscal fourth-quarter earnings of $1.32 a share.
Warren Buffett's
Berkshire Hathaway
(BRK.B) - Get Report
on Friday said third-quarter profit jumped 72% to $3.92 billion, or $1.58 per Class B share.
-- Written by Joseph Woelfel
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Joseph Woelfel
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