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CNBC ON DIGG

Futures Edge Higher, Earnings in Focus

Published: Monday, 19 Oct 2009 | 5:56 AM ET

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By: CNBC.com

Good news for a Monday morning: stock index futures are pointing to a modestly higher open this morning, rather than what happened exactly 22 years ago today - the infamous crash of 1987. If the Dow were to fall a similar percentage as it did that day, we'd be looking at a 2200 point drop.

Dow 30: Extra-Hour Quotes

Pre-Markets/Futures Data

Earnings reports will play a key role this week in determining the market's direction following two consecutive weekly gains. Quarterly reports out this morning include: B&T [BBT Loading... () ]; Eaton [ETN Loading... () ]; Gannett [GCI Loading... () ]; Hasbro [HAS Loading... () ].

After the bell reports include: Apple [AAPL Loading... () ]; Boston Scientific [BSX Loading... () ]; Texas Instruments [TXN Loading... () ].

Obviously, the Apple report will get a great deal of attention after the bell, though the Texas Instruments report will also be watched closely for indications about the health of the semiconductor industry.