MARKET PULSE-Microsoft, Michael Kors, Google, J.C. Penney, Gap
(For more market insights, including options activity, click on ; for the Day Ahead newsletter link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stock index futures rose on Tuesday, as the market looked to regain its footing following the largest selloff in months. Dow Jones industrial average futures were up 0.48 percent at 15,365, S&P 500 futures were up 0.72 percent at 1,745.3 and Nasdaq 100 futures were up 0.54 percent at 3,448.5.
** MICROSOFT CORP, Monday close $36.48, +1.26 pct premarket
The company named Satya Nadella as its next chief executive on Tuesday, ending a longer-than-expected search for a new leader after Steve Ballmer announced his intention to retire in August.
** MICHAEL KORS HOLDINGS LTD, Monday close $76.67, +19.73 pct premarket
The retailer reported a better-than-expected rise in quarter results and raised its sales and profit forecast for the year as the demand for its trendy handbags, watches and accessories showed no sign of slowing.
** BOSTON SCIENTIFIC CORP, Monday close $13.01, +0.31 pct premarket Continued...