US Stock Futures Down; All Eyes On Fed Decision

US stock futures traded lower in early pre-market trade. The Federal Open Market Committee will announce its policy decision at 2:00 p.m. ET, while the Fed Chairwoman Janet Yellen will hold a press conference at 2:30 p.m. ET. Futures for the Dow Jones Industrial Average declined 63.50 points to 17,713.50, while the Standard & Poor's 500 index futures fell 6.30 points to 2,059.95. Futures for the Nasdaq 100 index slipped 11.80 points to 4,358.70

European markets were mostly lower today, with the Spanish Ibex Index dropping 0.25%, STOXX Europe 600 Index falling 0.20% and German DAX 30 index dropping 0.96%. French CAC 40 Index slipped 0.29% and London's FTSE 100 Index rose 0.63%. In Asian markets, Japan's Nikkei Stock Average gained 0.55%, Hong Kong's Hang Seng Index rose 0.91%, China's Shanghai Composite Index gained 2.13% and India's BSE Sensex slipped 0.40%. Japanese exports rose 2.4% y/y in February, while imports slipped 3.6%.

Analysts at CRT Capital upgraded

to Buy and raises the price target from $16.00 to $22.00. Pandora shares rose 1.03% to close at $15.73 yesterday.