US Stock Futures Drop Ahead Of New Home Sales, Durable Goods Data

Pre-open movers US stock futures declined in early pre-market trade, ahead of economic data. Data on durable goods orders for August will be released at 8:30 a.m. ET, while new home sales data for August will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average dropped 21 points to 15,265.00, while the Standard & Poor's 500 index futures fell 3 points to 1,689.50. Futures for the Nasdaq 100 index declined 3.50 points to 3,209.75. A Peek Into Global Markets European markets were lower today, with the Spanish Ibex Index falling 0.08%, London's FTSE 100 index dropping 0.32% and STOXX Europe 600 Index declining 0.36%. German DAX 30 index fell 0.39% and French CAC 40 Index declined 0.48%. The French business sentiment index fell to 97 in September, versus 98 in August. Asian markets ended mostly lower today. Japan's Nikkei Stock Average fell 0.76%, China's Shanghai Composite declined 0.41% and Australia's ASX/S&P500 gained 0.78%. Hong Kong's Hang Seng index rose 0.13% and India's Sensex declined 0.32%. Broker Recommendation Analysts at Bank of America downgraded Carnival Corporation CCL from “buy” to “neutral.” The target price for Carnival has been lowered from $42.80 to $38.50. Carnival's shares gained 1.63% to $47.96 in pre-market trading. Breaking news
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