US Stock Futures Down Ahead Of Factory Orders Data

US stock futures traded lower in early pre-market trade, ahead of factory orders data. Data on motor vehicle sales for May will be released today, while factory orders data for April will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average tumbled 27 points to 16,695.00, while the Standard & Poor's 500 index futures fell 3.70 points to 1,918.10. Futures for the Nasdaq 100 index declined 8.50 points to 3,719.00.

European markets were lower today, with the Spanish Ibex Index dropping 0.32%, STOXX Europe 600 Index declining 0.33%. German DAX 30 index fell 0.27%, French CAC 40 Index dropped 0.16% and London's FTSE 100 Index declined 0.38%. UK's house prices rose 0.7% on the month in May. In Asian markets, Japan's Nikkei Stock Average jumped 0.66%, Hong Kong's Hang Seng Index jumped 0.91%, China's Shanghai Composite Index fell 0.04% and India's BSE Sensex surged 0.70%. Australia's current account deficit narrowed to A$5.67 billion in the first quarter, while retail sales increased 0.2% y/y in April. China's official nonmanufacturing PMI surged to 55.5 in May, versus 54.8 in April. The Reserve Bank of India left its key rate unchanged at 8%.

Analysts at Citigroup downgraded Centene

from “neutral” to “sell.” Centene's shares closed at $75.69 yesterday.