NEW YORK (
) -- U.S. stock futures were suggesting a higher open for Wall Street on Tuesday despite data that showed Europe's output shrank 0.2% in the second quarter.
European stocks were holding onto gains while shares in Asia closed Tuesday's session higher. Japan's Nikkei 225 rose 0.5% to finish at 8,929.88.
Germany's economy helped lift Europe avoid another recession. The region's biggest economy grew by 0.3% in the second quarter.
The economic calendar in the U.S. Tuesday includes retail sales for July at 8:30 a.m. EDT, the producer price index for July at 8:30 a.m., and business inventories for June at 10 a.m.
on Monday finished mixed as disappointing data on Japan's economic growth triggered some mild profit-taking after five weeks of gains.
Dow Jones Industrial Average
lost more than 38 points, or 0.29%, to settle at 13,169.
lost 2 points, or 0.13%, to close at 1404. The
gained nearly 2 points, or 0.05%, to finish at 3022.52.
reports earnings before Tuesday's opening bell and analysts expect the home-improvement retailer to post profit for the July-ended quarter of 97 cents a share on revenue of $20.74 billion.
, the daily deals site, beat analysts' quarterly estimates on the bottom line but revenue came in light.
posted second-quarter non-GAAP earnings Monday of $53.8 million, or 8 cents a share, on revenue of $568.3 million. Analysts were calling for a profit of 3 cents a share in the quarter on revenue of $573.1 million.
Companies reporting before Tuesday's opening bell include
Dick's Sporting Goods
Michael Kors Holdings
Reporting after Tuesday's closing bell are
Bob Evans Farms
will be available for pre-order on Sept. 12, according to an
is acquiring the Frommer's travel-guide business from
John Wiley & Sons
for a reported $25 million.
CEO Russell Wasendorf Sr. was indicted Monday on charges of lying to government regulators regarding the failed brokerage's operations.
Wasendorf could be sentenced to a maximum 155 years in prison and face fines of about $7.75 million.
Peregrine does business as
. It filed for bankruptcy last month.
-- Written by Joseph Woelfel
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