* Global stocks declined slightly as European shares reeled as
Volkswagen's emissions scandal widened to include Porsche and Audi.
* U.S. stocks closed higher on Monday, following the best monthly
performance of the major indexes in four years in October.
* Kellogg is scheduled to report before the bell and CBS, Groupon <GRPN.O>
and Tesla will post results after the close.
* Data is expected to show new orders for U.S. factory goods fell
0.9 percent in September from August. The data is due at 10:00 a.m.
ET.
* U.S. automakers will also release October sales numbers.
* As the U.S. earnings seasons winds down, investors are looking to
economic data, including this Friday's employment report, for clues
as to whether the Federal Reserve will raise interest rates when it
meets in December.
* Strong results from blue-chips have helped lift sentiment, with
S&P 500 companies now expected to report a 0.9 percent fall in
profit, compared with the 4.9 percent drop forecast before earnings
season began, according to Thomson Reuters data.
* Of the 352 S&P 500 companies that have reported so far, 71 percent
have beaten profit estimates, compared with 63 percent in a typical
quarter.
* AIG's shares fell 3.1 percent to $61.77 premarket after the
insurer's quarterly profit missed estimates by a wide margin.
* King Digital soared 14.4 percent to $17.77 after Activision
Blizzard agreed to buy the "Candy Crush Saga" creator for $5.9
billion. Activision fell 4.4 percent, while Zynga rose 5.4
percent.
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* Sprint fell 4.5 percent to $4.63 after the carrier reported a
bigger-than-expected quarterly loss.
* Fitbit fell 8 percent to $37.55 after the wearable fitness device
maker agreed to lift lockup restrictions on over 2 million shares
more than month before scheduled and announced a 21 million share
offering.
Futures snapshot at 7:12 a.m. ET:
* S&P 500 e-minis were down 5.25 points, or 0.25 percent, with
82,906 contracts traded.
* Nasdaq 100 e-minis were down 12 points, or 0.26 percent, on
volume of 13,701 contracts.
* Dow e-minis were down 33 points, or 0.19 percent, with
11,352 contracts changing hands.
(Reporting by Abhiram Nandakumar in Bengaluru; Editing by Savio
D'Souza)
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