U.S. stock-index futures were little changed but still in green zone before Consumer Price Index data that may show industrial production rose in June and as investors awaited quarterly earnings from companies including Coca-Cola Co. and Goldman Sachs Group Inc.
Futures on the Standard & Poor’s 500 Index expiring in September advanced less than 0.1% to 1,677.8 at 10:27 a.m. in London. The S&P 500 extended its record high yesterday, for the benchmark’s longest winning streak since January, after better-than-estimated earnings from Citigroup Inc. Contracts on the Dow Jones Industrial Average rose 11 points, or 0.1%, to 15,427 today.
Factory output, including mines and utilities advanced 0.3% in June after stagnating in May, according to the median estimate of economists surveyed by Bloomberg. The Federal Reserve will release the industrial production data at 14:15 p.m. London time.
Federal Reserve Chairman Ben S. Bernanke will present his semi-annual monetary policy report to Congress this week, starting tomorrow at the House Financial Services Committee. The Fed purchases $85 billion of Treasuries and mortgage debt each month as part of its quantitative-easing program to cap borrowing costs.
Cintas Corp., specialized services provider, lost 3.9% in late New York trading after the uniform maker forecast earnings for the current fiscal year that were below analyst estimates.
Coca-Cola rose 0.7% to $41.30 in pre-market New York trading. Revenue may drop to $12.97 billion from the year-earlier period, according to estimates compiled by Bloomberg.
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