US Stock Futures Drop; All Eyes On Jobs Report - AZZ (NYSE:AZZ), Gap (NYSE:GPS)

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Pre-open moversUS stock futures traded lower in early pre-market trade. Data on nonfarm payroll employment for December will be released at 8:30 a.m. ET, while wholesale inventories data for November will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average dipped 54 points to 17,766.00, while the Standard & Poor's 500 index futures fell 6.50 points to 2,048.50. Futures for the Nasdaq 100 index dropped 7.50 points to 4,224.75.

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A Peek Into Global Markets European markets were lower today, with the Spanish Ibex Index falling 2.86%, STOXX Europe 600 Index declining 0.46% and German DAX 30 index dropping 0.62%. French CAC 40 Index slipped 0.79% and London's FTSE 100 Index fell 0.59%. German industrial output declined 0.1% on the month in November, while French industrial production dropped 0.3% in November versus October.In Asian markets, Japan's Nikkei Stock Average rose 0.18%, Hong Kong's Hang Seng Index climbed 0.35%, China's Shanghai Composite Index slipped 0.24% and India's Sensex jumped 0.67%.China's consumer price index gained 1.5% y/y in December, while producer price index declined 3.3% in December.Broker RecommendationAnalysts at Longbow Research downgraded

Stanley Black & Decker, Inc. (NYSE: SWK) from Buy to Neutral and removed the price target of $102.00. Stanley Black & Decker's shares closed at $96.43 yesterday. Breaking news

Infosys Ltd. (NYSE: INFY) reported a 13% gain in net profit for the three months ended Dec. 31. The company also maintained its revenue growth forecast for the year. To read the full news, click here.
Medical Properties Trust, Inc. (NYSE: MPW) announced today that it has priced its underwritten public offering of 30,000,000 shares of common stock at a public offering price of $14.50 per share, a 1.8% increase over the prior day's close of $14.24. To read the full news, click here.
Gap Inc (NYSE: GPS) reported Thursday that net sales were up 4 percent and comparable sales were positive 3 percent for the November and December 2014 holiday shopping season, compared with last year. To read the full news, click here.
AZZ Inc. (NYSE: AZZ) reported a rise in its fiscal third-quarter profit. To read the full news, click here.