US Stock Futures Down Ahead Of Durable-Goods Orders Data

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US stock futures are lower this morning, as investors are awaiting durable-goods orders data. Futures for the Dow Jones Industrial Average tumbled 30 points to 15,259.00 and S&P 500 index futures fell 5 points to 1,645.00. Nasdaq 100 futures dropped 6.50 points to 2,985.75. US stocks closed lower on Thursday, with the Dow Jones Industrial Average dropping 0.08% to 15,295, the S&P 500 index falling 0.26% to 1,651 and the Nasdaq 100 index declining 0.12% to 3,459. Data on durable goods orders for April will be released at 8:30 a.m. ET. Pandora Media
P
posted a Q1 adjusted loss of $0.10 per share on revenue of $125.5 million. However, analysts were expecting a loss of $0.10 per share on revenue of $123.9 million. Marvell Technology Group
MRVL
reported upbeat Q1 results and issued upbeat revenue forecast for the second quarter. Sears Holdings
SHLD
reported a wider-than-expected loss for the first quarter. Foot Locker
FL
is projected to report its Q1 earnings at $0.88 per share on revenue of $1.63 billion. Abercrombie & Fitch Co
ANF
is expected to post a Q1 loss at $0.05 per share on revenue of $941.66 million. Hibbett Sports
HIBB
is estimated to report its Q1 earnings at $1.07 per share on revenue of $246.41 million. European markets were mostly lower today. The STOXX Europe 600 Index fell 0.32%, London's FTSE 100 index dropped 0.56%, French CAC 40 Index rose 0.05% and German DAX 30 index fell 0.62%. Asian markets ended mixed, with Japan's Nikkei Stock Average gaining 0.89%, China's Shanghai Composite rising 0.57% and Australia's S&P/ASX 200 index dropping 1.52%. Hong Kong's Hang Seng Index fell 0.23% and India's Sensex gained 0.23%.
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