US Stock Futures Edge Lower; Goldman Sachs, Citigroup Earnings In Focus

US stock futures fell in early pre-market trade, ahead of earnings from Goldman Sachs Group

and Citigroup

. The consumer price index for December and weekly jobless claims data will be released at 8:30 a.m. ET. The general conditions index of the Philadelphia Fed's Survey and the NAHB housing market index for January will be released at 10:00 a.m. E.T. Futures for the Dow Jones Industrial Average dropped 13 points to 16,395.00, while the Standard & Poor's 500 index futures fell 2.30 points to 1,839.30. Futures for the Nasdaq 100 index declined 0.25 points to 3,598.00.

European markets were mostly lower today, with the Spanish Ibex Index dropping 0.29%, London's FTSE 100 index surging 0.05% and STOXX Europe 600 Index declining 0.12%. German DAX 30 index fell 0.16% and French CAC 40 Index declined 0.18%. Euro-zone consumer prices climbed 0.3% in December from November. Asian markets ended higher today. Japan's Nikkei Stock Average dropped 0.39%, China's Shanghai Composite gained 0.02%, Hong Kong's Hang Seng Index rose 0.37% and India's BSE Sensex fell 0.11%. Japan's core machinery orders climbed 9.3% in November versus the prior month.

Analysts at Bank of America upgraded Hewlett-Packard Company

from “neutral” to “buy.” Hewlett-Packard's shares rose 2.39% to $29.54 in pre-market trading.