US Stock Futures Mixed After OPEC Meeting

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Pre-open movers
US stock futures traded mixed in early pre-market trade, as OPEC decided to maintain its output during its annual meeting on Thursday. Markets were closed yesterday for the Thanksgiving holiday. US stock markets will close early today. Futures for the Dow Jones Industrial Average dropped 23 points to 17,787.00, while the Standard & Poor's 500 index futures fell 3.90 points to 2,068.40. Futures for the Nasdaq 100 index climbed 8.50 points to 4,326.25.
A Peek Into Global Markets
European markets were lower today, with the Spanish Ibex Index dropping 0.04%, STOXX Europe 600 Index falling 0.43%. German DAX 30 index slipped 0.31%, French CAC 40 Index declined 0.32% and London's FTSE 100 Index dropped 0.59%. In Asian markets, Japan's Nikkei Stock Average rose 1.23%, Hong Kong's Hang Seng Index dropped 0.07%, China's Shanghai Composite Index rose 1.99% and India's Sensex gained 0.90%.
Broker Recommendation
Analysts at JP Morgan downgraded Ctrip.com International
CTRP
from Overweight to Neutral and lowered the price target from $82.00 to $57.00, according to Bloomberg. Ctrip.com's shares dropped 8.48% to close at $53.50 on Wednesday.
Breaking news
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Posted In: NewsEurozoneFuturesPre-Market OutlookMarketsJP MorganUS Stock Futures
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