U.S. stock index futures up; Wal-Mart results eyed

* U.S. stock index futures pointed to a higher open on Wall
Street on Tuesday, with futures for the S&P 500 (SPc1: ) up 0.39
percent, Dow Jones (DJc1: ) futures up 0.27 percent and Nasdaq 100
(NDc1: ) futures up 0.33 percent at 0811 GMT.

* Wal-Mart Stores (WMT.N: ) and Home Depot (HD.N: ) will be in
focus as the retail majors report quarterly results. Wal-Mart is
expected to report earnings of 96 cents per share on sales of
$105.4 billion, according to Thomson Reuters I/B/E/S, up from 88
cents per share on sales of $100.91 billion a year earlier.

* On the data front, investors awaited the Producer Price
Index and the housing starts and permits for July, at 1230 GMT,
as well as the Federal Reserve’s industrial production and
capacity utilization data for July, due at 1315 GMT.

* Crude rose from a one-month low on Tuesday as a weaker
dollar edged out concerns about the pace of global economic
recovery and U.S. petroleum inventory data.

* Japan’s Nikkei average fell 0.4 percent to its lowest
close in more than eight months on Tuesday, with the yen holding
on to gains against the dollar as mounting signs of weak
economic growth dampened appetite for risk, while European
stocks edged higher, led by miners which found support in steady
metal prices.

* Urban Outfitters Inc (URBN.O: ) posted a
bigger-than-expected quarterly profit as its fresh styles
remained a favorite with shoppers, boosting sales across its
brands and sending its shares up 4 percent after the bell.

* Electronics testing equipment maker Agilent Technologies
Inc (A.N: ) posted a quarterly profit that beat Wall Street
estimates, driven by growth across all segments, and raised its
full-year profit outlook.

* Spain’s Banco Santander (SAN.MC: ) has renewed talks to
merge its U.S. operations with New York regional lender M&T Bank
Corp (MTB.N: ), the Financial Times reported on Tuesday, citing
people familiar with the matter.

* U.S. stocks (Read more about the stock market today. ) ended flat on Monday, after managing to
reverse the session’s losses. The Dow Jones industrial average
(.DJI: ) ended down 1.14 points, or 0.01 percent, at 10,302.01.
The Standard & Poor’s 500 Index (.SPX: ) was up 0.13 point, or
0.01 percent, at 1,079.38. The Nasdaq Composite Index (.IXIC: )
was up 8.39 points, or 0.39 percent, at 2,181.87.
(Reporting by Blaise Robinson; Editing by Jon Loades-Carter)

U.S. stock index futures up; Wal-Mart results eyed