Morning Briefing: 10 Things You Should Know
NEW YORK ( TheStreet) -- U.S. stock futures were suggesting Wall Street would open higher as voters take to the polls Tuesday to pick their next president in what has been a very tight race.
European stocks were edging higher in cautious trading while Asian shares ended mostly lower. Japan's Nikkei 225 index fell 0.4% to close at 8,975.15.
The economic calendar in the U.S. Tuesday includes the weekly Johnson Redbook retail sales index and the ICSC-Goldman Sachs chain-store sales index.
U.S. stocks on Monday finished slightly higher.
The Dow Jones Industrial Average added more than 19 points, or 0.15%, to close at 13,112. The blue-chip index, which has fallen in each of the past two weeks, began the session up a little over 7% in 2012.
Two small towns in northern New Hampshire, which have had first-vote status since 1948, cast their ballots for president at midnight. Dixville Notch's 10 votes were divided evenly -- five for President Obama and five for Republican Mitt Romney. In Hart's Location, Obama garnered 23 votes, Romney won nine and Libertarian Gary Johnson got one vote.
While millions more voters head to the polls Tuesday, TheStreet will keep you informed on the latest news and results from all the key races in an Election Night live blog hosted by TheStreet's Joe Deaux .
AOL (AOL) is expected to report its third-quarter results before Tuesday's opening bell, and analysts are calling for earnings of 17 cents a share in the September-ended period on revenue of $521.6 million.
Stock exchange operator NYSE Euronext (NYX) said Tuesday that third-quarter net revenue declined 21% to $559 million amid weaker trading in the U.S. and Europe. Net income fell 42%.
Earnings are also expected Tuesday before the opening bell from Calpine(CPN) , Coeur D'Alene Mines (CDE) , CVS Corp. (CVS) , EchoStar Communications (DISH) , Fossil(FOSL) , Hecla Mining (HL) , Intercontinental Hotels Group (IHG) , International Flavors & Fragrances (IFF) , LouisianaPacific(LPX) , Marsh & Mclennan Cos. (MMC) , Martin Marietta Materials (MLM) , National Semiconductor (NSM) , Office Depot (ODP) , OfficeMax(OMX) , Treehouse Foods (THS) , and Vitamin Shoppe (VSI) .
The late roster features Alamo Group (ALG) , BankAtlantic Bancorp (BBX) , Cache(CACH) , Coca-Cola Bottling (COKE) , DryShips(DRYS) , Georgia Gulf (GGC) , Goodrich Petroleum (GDP) , News Corp. (NWS) , Rackspace Hosting (RAX) , Silicon Graphics International (SGI) , Vitesse Semiconductor (VTSS) , and ZipRealty(ZIPR) .
The company also announced a small acquisition, spending $12 million in cash and 150,000 restricted shares to purchase Mortech, a Lincoln, Neb.-based mortgage software and services company.
Nike (NKE) is close to a deal to sell its Cole Haan brand to Apax Partners for about $500 million, The New York Times reported.