US Stock Futures Edge Lower Ahead Of Jobless Claims Data

Pre-open movers US stock futures traded lower in early pre-market trade. Data on weekly jobless claims will be released at 8:30 a.m. ET, while the Chicago PMI will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average dropped 16.50 points to 17,492.5, while the Standard & Poor's 500 index futures fell 2 points to 2,052.50. Futures for the Nasdaq 100 index declined 6.62 points to 4,639.38. A Peek Into Global Markets European markets were lower today, with the Spanish Ibex Index declining 1 percent, STOXX Europe 600 Index dropping 0.32 percent and German DAX 30 index dropping 1.08 percent. French CAC 40 Index slipped 0.55 percent. In Asian markets, Hong Kong's Hang Seng Index rose 0.15 percent, China's Shanghai Composite Index fell 0.94 percent and India's BSE Sensex gained 0.61 percent. Broker Recommendation Analysts at Credit Suisse upgraded ONEOK, Inc. OKE from Neutral to Outperform. The price target for ONEOK has been raised from $36 to $40. ONEOK shares closed at $23.44 on Wednesday. Breaking news

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