Dow jones stock futures in early U

In early U.S. trading, Dow Jones stock futures gained 0.19%, supported by upbeat corporate guidance from several industrial names. Analysts point to this as a sign that manufacturing activity may be stabilizing. The S&P 500's Shiller P/E is based on average inflation-adjusted earnings over the prior 10-year period. Whereas the traditional P/E ratio, which takes into account trailing-12-month earnings, can be easily tripped up by economic downturns, the ability of the Shiller P/E to account for a decade of earnings history effectively negates the impact of shock events. It's the closest thing we have to an apples-to-apples valuation tool when looking back more than a century. Pfizer ( PFE ) stock is moving higher on Tuesday after the pharmacy giant announced an agreement with the Trump administration to lower drug prices. Dow Jones stock futures showed minimal movement at 38,490, with the S&P 500 and Nasdaq futures also flat. Traders remain sidelined ahead of key PCE inflation data due later this week.