Market Overview

US Stock Futures Slide Ahead Of Jobless Claims

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US Stock Futures Slide Ahead Of Jobless Claims

Pre-open movers

US stock futures traded lower in early pre-market trade. Data on weekly jobless claims will be released at 8:30 a.m. ET, while consumer credit data for March will be released at 3:00 p.m. ET. Futures for the Dow Jones Industrial Average dipped 78 points to 17,700.00, while the Standard & Poor's 500 index futures fell 9.30 points to 2,064.95. Futures for the Nasdaq 100 index declined 19.70 points to 4,353.30.

A Peek Into Global Markets

European markets were lower today, with the Spanish Ibex Index declining 1.11 percent, STOXX Europe 600 Index falling 1.15 percent and German DAX 30 index dropping 0.69 percent. French CAC 40 Index slipped 1.46 percent and London's FTSE 100 Index fell 1.61 percent.

In Asian markets, Japan's Nikkei Stock Average fell 1.23 percent, China's Shanghai Composite Index dipped 2.77 percent, Hong Kong's Hang Seng Index fell 1.27 percent and India's BSE Sensex declined 0.44 percent.

Broker Recommendation
Analysts at RBC Capital upgraded Whole Foods Market, Inc. (NASDAQ: WFM) from Sector Perform to Outperform.

Whole Foods Market shares fell 12.99 percent to $41.52 in pre-market trading.

Breaking news

  • Becton, Dickinson and Co. (NYSE: BDX) reported better-than-expected earnings for the fiscal second quarter on Thursday. To read the full news, click here.
  • The Cato Corporation (NYSE: CATO) today reported sales of $84.1 million for the four weeks ended May 2, 2015, a 10% decrease from sales of $93.5 million for the four weeks ended May 3, 2014. Same-store sales decreased 14% for the month. To read the full news, click here.
  • Gartner Inc (NYSE: IT) reported in-line earnings for the first quarter on Thursday. To read the full news, click here.
  • ZIOPHARM Oncology, Inc. (NASDAQ: ZIOP) today announced the appointment of Laurence J. N. Cooper, M.D., Ph.D., to the role of Chief Executive Officer, effective immediately. To read the full news, click here.

Posted-In: RBC Capital US Stock FuturesNews Eurozone Futures Global Pre-Market Outlook Markets

 

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