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US Stock Futures Down Ahead Of Jobless Claims Data

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US stock futures are lower this morning, after the release of the FOMC minutes. Futures for the Dow Jones Industrial Average dipped 63 points to 12,473.00 and S&P 500 index futures fell 7.50 points to 1,328.80. Nasdaq 100 futures declined 11.25 points to 2,550.25.

US stocks closed lower on Wednesday, with the Dow Jones Industrial Average dropping 0.38% to 12,604.53, the S&P 500 index falling 0.02 points to 1,341.45 and the Nasdaq 100 index declining 0.49% to 2,887.98.

Data on weekly jobless claims will be released at 8:30 a.m. ET.

Commerce Bancshares (NASDAQ: CBSH) is expected to report its Q2 earnings at $0.72 per share on revenue of $260.90 million. Fastenal Company (NASDAQ: FAST) is projected to report its Q2 EPS at $0.37 on revenue of $807.65 million.

Progressive (NYSE: PGR) is projected to report its Q2 EPS at $0.27 on revenue of $4.13 billion. AngioDynamics (NASDAQ: ANGO) is estimated to post its Q4 earnings at $0.09 per share on revenue of $52.97 million.

Marriott International (NYSE: MAR) posted a rise in its second-quarter earnings.

Infosys Ltd (NASDAQ: INFY) posted a 33% rise in its Q1 net profit and lowered its dollar revenue outlook for this fiscal year.

European markets were lower today. The STOXX Europe 600 Index fell 0.72%, London's FTSE 100 Index dropped 0.67%, French CAC 40 Index declined 0.60% and German DAX 30 index fell 0.79%.

Asian markets ended mostly lower, with Japan's Nikkei Stock Average falling 1.48%, China's Shanghai Composite rising 0.46% and Australia's S&P/ASX 200 dropping 0.70%. Hong Kong's Hang Seng Index dropped 2.03% India's Sensex fell 1.47%.

Australia reported a rise in jobless claims. South Korea's central bank cut interest rates by a quarter-point to 3%. Brazil's central bank lowered benchmark interest rate to 8%.

Nymex crude-oil futures dropped $0.94 to trade at $84.87 a barrel in electronic trade, while gold futures tumbled $9.60 to $1,566.10 an ounce.

The dollar index (DXY) rose 0.16% to trade at 83.61. The euro dropped 0.2% versus the dollar to trade at $1.2215. The US dollar fell 0.4% versus the Japanese yen to trade at ¥79.33.

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

 

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