Morning Briefing: 10 Things You Should Know
NEW YORK (TheStreet) -- U.S. stock futures were rising Tuesday as investors are anticipating the Federal Reserve later this week to announce new measures to boost the U.S. economy.
European stocks were trading lower. A German court is expected to rule Wednesday on a request for an injunction to prevent the country from participating in a permanent rescue fund for euro countries struggling with their finances, according to The Associated Press.
Asian stocks finished Tuesday's trading session mostly lower. Japan's Nikkei 225 index fell 0.7% to close at 8,807.38.
The economic calendar in the U.S. Tuesday includes the National Federation of Independent Business small-business sentiment index at 7:30 a.m. EDT; the ICSC-Goldman Sachs weekly retail sales index at 7:45 a.m. ; and July trade balance data at 8:30 a.m.
U.S. stocks on Monday finished lower as disappointing economic data from both the U.S. and China prompted a mild bout of profit-taking ahead of the Fed's policy meeting on Wednesday and Thursday.
The Dow Jones Industrial Average lost more than 52 points, or 0.39%, to close at 13,254.
McDonald's (MCD) is expected Tuesday to provide its monthly sales report for August.
Last month, the fast-food giant posted flat global same-store sales, below expectations for a 2.7% increase.
Zynga (ZNGA) disclosed in a regulatory filing Monday that Jeff Karp, the chief revenue and marketing officer at the maker of social games, has resigned.
Texas Instruments (TXN) , the chipmaker, is slated to give its mid-quarter update Tuesday.
Jamie Dimon, CEO of JPMorgan Chase (JPM) , gives a presentation at 12:45 p.m. Tuesday to investors in New York at a conference organized by Barclays in New York.
Tuesday marks the 11th anniversary of the Sept. 11 terrorist attacks on the U.S.
-- Written by Joseph Woelfel