US Stock Futures Edge Higher, Crude Oil Drops

US stock futures traded higher in early pre-market trade. Crude oil futures fell 1.52 percent to $59.52 a barrel. Futures for the Dow Jones Industrial Average climbed 13.50 points to 18,057.5, while the Standard & Poor's 500 index futures rose 1.40 points to 2,116.15. Futures for the Nasdaq 100 index gained 5.65 points to 4,536.40.

European markets were higher today, with the Spanish Ibex Index rising 0.71 percent, STOXX Europe 600 Index surging 0.74 percent and German DAX 30 index gaining 0.39 percent. French CAC 40 Index jumped 0.77 percent and London's FTSE 100 Index rose 0.38 percent. In Asian markets, Japan's Nikkei Stock Average rose 0.92 percent, China's Shanghai Composite Index dipped 6.42 percent, Hong Kong's Hang Seng Index gained 0.25 percent and India's BSE Sensex rose 0.74 percent.

Analysts at Topeka Capital upgraded

from Hold to Buy. Micron Technology shares rose 1.70 percent to $24.88 in pre-market trading.