Market Overview

US Stock Futures Signal Lower Start On Wall Street

US stock futures are lower this morning, after disappointing nonfarm-payrolls data. Futures for the Dow Jones Industrial Average dipped 101 points to 12,877.00 and S&P 500 index futures fell 12.80 points to 1,377.40. Nasdaq 100 futures dropped 25.25 points to 2,728.50.

US stocks closed mostly lower on Thursday, with the Dow Jones Industrial Average dropping 0.11% to 13,060.14, the S&P 500 index dipping 0.06% to 1,398.08 and the Nasdaq 100 index gaining 0.40% to 3,080.50.

Zep Inc (NYSE: ZEP) is projected to post its Q2 earnings at $0.09 per share on revenue of $148.3 million. Greenbrier Companies Inc (NYSE: GBX) is projected to report its FQ2 earnings at $0.47 per share on revenue of $444.51 million.

WD-40 Company (NASDAQ: WDFC) reported upbeat fiscal second-quarter earnings and sales.

AZZ Inc (NYSE: AZZ) reported its Q4 revenue of $123.6 million, versus analysts' estimates of $122.7 million.

European markets were closed for the Easter holiday.

Asian markets ended lower, with Japan's Nikkei Stock Average dropping 1.47%, China's Shanghai Composite dropping 0.90%. India's Sensex fell 1.60%.

China's consumer prices surged 3.6% y/y in March, according to official data released Monday.

The dollar index (DXY) rose to 79.866, versus 79.840 in late North American trading on Friday.

Crude oil for May delivery dropped $1.30 to $101.99 a barrel.

Gold for June delivery gained $11.70 to $1,641.90 an ounce.

Posted-In: US Stock FuturesNews Futures Global Pre-Market Outlook Markets

 

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