A Peek Into The Market Before The Trading Starts

US stock futures are mixed this morning, after disappointing results from Apple

. Futures for the Dow Jones Industrial Average gained 2 points to 13,720.00 and S&P 500 index futures fell 3.30 points to 1,487.00. Nasdaq 100 futures tumbled 37.75 points to 2,721.25.

European markets were mostly lower today. The STOXX Europe 600 Index fell 0.10%, London's FTSE 100 Index gained 0.28%, German DAX 30 Index fell 0.18% and French CAC 40 Index declined 0.01%. Asian markets ended mostly lower, with Japan's Nikkei Stock Average rising 1.28%, China's Shanghai Composite dropping 0.79% and Australia's S&P/ASX 200 Index climbing 0.45%. Hong Kong's Hang Seng Index dropped 0.15% and India's Sensex declined 0.51%.

Analysts at Jefferies downgraded Apple

from “buy” to “hold.” The target price for Apple has been lowered from $800 to $500. Apple shares fell 9.53% to $465.00 in pre-market trading.