US Stock Futures Edge Lower Ahead Of Economic Data

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Pre-open movers
US stock futures traded lower in early pre-market trade. Data on international trade for March will be released at 8:30 a.m. ET, while the PMI services index for April will be released at 9:45 a.m. ET. The ISM non-manufacturing index for April will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average dipped 17.50 points to 17,977.50, while the Standard & Poor's 500 index futures fell 2.80 points to 2,106.45. Futures for the Nasdaq 100 index tumbled 8.90 points to 4,467.60.
A Peek Into Global Markets
European markets were mixed today, with the Spanish Ibex Index falling 0.39 percent, STOXX Europe 600 Index surging 0.28 percent and German DAX 30 index dropping 0.13 percent. French CAC 40 Index fell 0.11 percent and London's FTSE 100 Index rose 0.35 percent. In Asian markets, China's Shanghai Composite Index dipped 4.06 percent, Hong Kong's Hang Seng Index fell 1.31 percent and India's BSE Sensex declined 0.18 percent.
Broker Recommendation
Analysts at Baird upgraded
Qualys IncQLYS
from Neutral to Outperform and maintained the price target of $50.00. Qualys shares fell 25.33 percent to $41.13 in pre-market trading.
Breaking news
  • RetailMeNot Inc SALE reported stronger-than-expected results for the first quarter on Tuesday. To read the full news, click here.
  • Nobilis Health Corp. (NYSE MKT: HLTH) today announced that it has entered into an agreement to acquire Peak Surgeon Innovations, LLC, a provider of intraoperative neuromonitoring services for hospitals, surgery centers and other healthcare facilities. To read the full news, click here.
  • Archer Daniels Midland Company ADM reported stronger-than-expected earnings for the first quarter, but the company's revenue misses analysts' expectations. To read the full news, click here.
  • Towers Watson & Co TW reported better-than-expected results for the fiscal third quarter and lifted its earnings forecast for the full year. To read the full news, click here.
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Posted In: NewsEurozoneFuturesGlobalPre-Market OutlookMarketsBairdHealth CareHealth Care TechnologyUS Stock Futures
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