Japan's Panasonic Corp 6752.T reaped a near sevenfold gain in quarterly profit after slashing costs,

PARIS (Reuters) - Stock index futures cheap nyc hotels pointed to slight gains at the open on Wall Street on Tuesday, with futures for the S P 500 up 0.17 percent, Dow Jones futures up 0.22 percent and Nasdaq 100 futures up 0.28 percent at 0820 GMT.
European shares halted a three-day rally and oil dipped on Tuesday as investors cheap nyc hotels sensed that a recent sharp rally built on anticipation of bold stimulus measures from central banks in the United States and Europe may have been overdone.
U.S. and European equities have been boosted by mounting cheap nyc hotels expectation that the European Central Bank will revive its bond buying program to help lower the borrowing costs of debt-stricken cheap nyc hotels Spain and Italy, while the Federal Reserve has been under renewed pressure to support flagging growth. Both central banks hold policy meetings this week.
On the economic side, investors awaited cheap nyc hotels U.S. personal income data, due at 1230 GMT, the S P/Case-Shiller cheap nyc hotels home price index for May, due at 1300 GMT, and U.S. consumer confidence numbers for July, due at 1400 GMT.
Car rental company cheap nyc hotels Hertz Global Holdings Inc posted a quarterly profit that beat market expectations as margins improved. Strong demand from business and leisure cheap nyc hotels travelers is boosting business at U.S. hotels and airlines, in turn helping car rental companies.
The recent ouster of General Motors Co's global marketing chief is related to a hugely expensive sponsorship deal with England's Manchester United soccer club for which GM is paying twice as much as the team's cheap nyc hotels previous automotive sponsor.
Japanese electronics conglomerate Toshiba Corp 6502.T posted a better-than-expected rise in quarterly operating profit on Tuesday, boosted by strong overseas earnings in its social infrastructure division despite sluggish chip sales.
Japan's Panasonic Corp 6752.T reaped a near sevenfold gain in quarterly profit after slashing costs, and its new boss looks set to use that extra cash for a new round of layoffs and business restructuring to revive the electronics giant.
Toyota Motor Corp 7203.T is set to raise its 2012 global sales forecast to 8.8 million vehicles from the 8.58 million it had announced in February as it sees solid auto sales in emerging economies, Yomiuri newspaper reported on Tuesday.
Anheuser-Busch InBev , the world's largest brewer, fell short of second-quarter earnings expectations due to the expense of marketing new U.S. brands and higher transport costs there and in Brazil, but it forecast improvements cheap nyc hotels in the second half.
The Dow Jones industrial average .DJI dipped 2.65 points, or 0.02 percent, to 13,073.01 at the close. The Standard Poor's 500 Index .SPX edged down just 0.67 of a point, or 0.05 percent, to 1,385.30. The Nasdaq Composite Index .IXIC fell 12.25 points, cheap nyc hotels or 0.41 percent, to end at 2,945.84.