A Peek Into The Market Before The Trading Starts

US stock futures edged lower in early pre-market trade, ahead of pending home sales data. The pending home sales index for June is due at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average dipped 11 points to 15,487.00, while the Standard & Poor's 500 index futures tumbled 1.70 points to 1,684.90. Futures for the Nasdaq 100 index fell 0.75 points to 3,069.75.

European markets were mostly higher today, with the Spanish Ibex Index surging 0.45%, London's FTSE 100 index dropping 0.12% and STOXX Europe 600 Index gaining 0.22%. German DAX 30 index rose 0.34% and French CAC 40 Index gained 0.34%. Spanish 10-year government bond yields declined 1 basis point to 4.61%, while Italian 10-year government bond yields dropped 1 basis point to 4.39%. Asian markets ended mostly lower on weak data from Japan and China. Japanese retail sales declined 0.2% in June versus May, versus economists' expectations for a 0.8% rise. China's Shanghai Composite dropped 1.72%, while Japan's Nikkei Stock Average fell 3.32%. Australia's ASX/S&P500 gained 0.08%, India's Sensex tumbled 0.78% and Hong Kong's Heng Seng Index fell 0.54%.

Analysts at Cantor Fitzgerald downgraded Whole Foods Market

from “buy” to “hold.” The target price for Whole Foods Market has been raised from $52 to $54. Whole Foods Market's shares fell 0.93% to $55.45 in pre-market trading.