US Stock Futures Signal Lower Start On Wall Street

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Pre-open movers
US stock futures traded lower in early pre-market trade. Futures for the Dow Jones Industrial Average dipped 165 points to 17,591.0, while the Standard & Poor's 500 index futures fell 20 points to 2,061.00. Futures for the Nasdaq 100 index slipped 48.88 points to 4,652.12.
A Peek Into Global Markets
European markets were lower today, with the Spanish Ibex Index falling 1.82 percent, STOXX Europe 600 Index declining 1.47 percent and German DAX 30 index dropping 1.44 percent. French CAC 40 Index dipped 1.24 percent and London's FTSE 100 Index fell 1.09 percent. In Asian markets, Japan's Nikkei Stock Average fell 1.04 percent, Hong Kong's Hang Seng Index fell 1.34 percent, China's Shanghai Composite Index dipped 1.89 percent and India's BSE Sensex dropped 0.86 percent.
Broker Recommendation
Analysts at Citigroup upgraded
FireEye IncFEYE
from Neutral to Buy and raised the price target from $31.00 to $35.00. FireEye shares gained 3.37 percent to $20.87 in pre-market trading.
Breaking news
  • AutoZone, Inc. AZO reported upbeat earnings for its fiscal first quarter on Tuesday. To read the full news, click here.
  • HD Supply Holdings Inc HDS reported better-than-expected earnings for its fiscal third quarter on Tuesday. To read the full news, click here.
  • DHX Media Ltd (USA) DHXM and Dreamworks Animation Skg Inc DWA have entered into a five-year agreement to co-produce 130 episodes of original animated children's content at DHX Studios. To read the full news, click here.
  • Toll Brothers Inc TOL reported weaker-than-expected earnings for its fiscal fourth quarter on Tuesday. To read the full news, click here.
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Posted In: EarningsNewsEurozoneFuturesGlobalPre-Market OutlookMarketsCitigroupUS Stock Futures
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