Business Today: Futures tick lower as traders scramble for catalysts

		Click to View in Browser 11/19/2013 Futures tick lower as traders scramble for catalysts NEW YORK (Reuters) - U.S. stock index futures edged lower on Tuesday after the Dow and S&P 500 hit record highs the previous session, with a few earnings reports expected to dominate trading amid a lack of broad market catalysts. Home Depot raises outlook again after strong quarter (Reuters) - A recovery in the U.S. housing market helped Home Depot Inc top profit and sales estimates for the third quarter, prompting the No. 1 home improvement chain to raise its fiscal-year outlook for the third time this year on Tuesday. Best Buy warns promotions could hurt holiday quarter margins (Reuters) - Best Buy Co Inc warned of an increasingly promotional environment heading into the holidays and promised to be competitive on price in the biggest selling season of the year, raising concerns about margins in the fourth quarter. U.S. labor costs point to still-benign inflation WASHINGTON (Reuters) - U.S. labor costs rose marginally in the third quarter, pointing to tame wage inflation that should allow the Federal Reserve to maintain its bond-buying program to stimulate the economy. China central bank vows faster FX reform; IPO hopes tempered BEIJING (Reuters) - China's officials indicated on Tuesday how they plan to steer reforms on interest rates, the currency and stock markets, following a top-level party meeting that promised sweeping changes over the next decade. Investor caution ends share rally, dollar steadies LONDON (Reuters) - World shares fell on Tuesday as concern that the recent stock rally has been overdone grew after the OECD cut its global economic forecasts, while doubt over when the Federal Reserve may trim its stimulus supported the dollar. Bombardier to sell 5 jets to Iraqi Airways for $387 million DUBAI (Reuters) - Bombardier has signed a letter of intent to sell five CSeries jetliners to Iraqi Airways, the Canadian plane and train maker said on Tuesday. Lithuania will meet deficit target for euro entry: finmin LONDON (Reuters) - Lithuania's budget deficit will be higher than originally forecast this year, but it still expects to meet the criterion for joining the euro zone, the country's finance minister said on Tuesday. IMF sees stable 6.5 percent growth for Sri Lanka this year, 2014 COLOMBO (Reuters) - The International Monetary Fund expects Sri Lanka's economy to grow at 6.5 percent this year and in 2014, less than the central bank's forecast, a senior Fund official said, and remains concerned about medium-term risks from high budget deficits. Eurozone recovery fragile but no deflation risk: ECB's Praet FRANKFURT (Reuters) - There is no risk of deflation visible in the euro zone economy but its recovery is fragile with inflation low and credit subdued, ECB Executive Board member Peter Praet said on Tuesday. Related Video Breakingviews: Flying high – but Easyjet growth will slow Bank union delay? Don't believe it - Lithuania finance min. Economic News Size of too-big-to-fail problem needs broad tracking: Fed's Kocherlakota Fed's Dudley 'hopeful' on recovery; Plosser calls for capping QE A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend