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Futures dip ahead of start to US earnings season

Published: January 8, 2013 Comment on this article

NEW YORK (AP) — Stock futures are heading lower as the U.S. kicks off the first earnings season of 2013.

Dow Jones industrial futures are down 10 points to 13,297. The broader S&P futures have given up 1.8 points to 1,454. Nasdaq futures are down 2.25 points to 2,715.50.

photo - In this Friday, Dec. 28, 2012, photo, traders work on the floor at the New York Stock Exchange in New York. World stock markets headed lower Tuesday Jan. 8, 2013 as investors turned cautious before U.S. earnings season kicks off this week. (AP Photo/Seth Wenig)

In this Friday, Dec. 28, 2012, photo, traders work on the floor at the New York Stock Exchange in New York. World stock markets headed lower Tuesday Jan. 8, 2013 as investors turned cautious before U.S. earnings season kicks off this week. (AP Photo/Seth Wenig)

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Alcoa posts fourth quarter earnings after the markets close Tuesday and analysts that follow the company are looking for a profit of 6 cents per share. That would be a rebound for the aluminum producer, which lost $191 million, or 18 cents per share, in the same quarter last year.

There is early pressure on markets from overseas.

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