Skip to main content

Market Overview

A Peek Into The Markets: U.S. Stock Futures Down; Dow Futures Fall Over 200 Points

Share:
A Peek Into The Markets: U.S. Stock Futures Down; Dow Futures Fall Over 200 Points

Pre-open movers

U.S. stock futures traded lower in early pre-market trade. Futures for the Dow Jones Industrial Average dipped 204 points to 25,025.00, while the Standard & Poor’s 500 index futures fell 22.75 points to 2,712.50. Futures for the Nasdaq 100 index declined 58.25 points to 6,726.50.

Oil prices traded mixed as Brent crude futures fell 1.08 percent to trade at $64.96 per barrel, while US WTI crude futures gained 0.39 percent to trade at $61.92 a barrel.

 

A Peek Into Global Markets

European markets were mostly higher today, with the Spanish Ibex Index rising 0.42 percent, STOXX Europe 600 Index climbing 0.03 percent and German DAX 30 index falling 0.05 percent. The UK's FTSE index was trading lower by 0.36 percent, while French CAC 40 Index rose 0.12 percent.

In Asian markets, Japan’s Nikkei Stock Average fell 1.01 percent, Hong Kong’s Hang Seng Index declined 0.78 percent, China’s Shanghai Composite Index gained 0.45 percent and India’s BSE Sensex dropped 0.21 percent.

Broker Recommendation

Analysts at Pivotal Research downgraded Interpublic Group of Companies Inc (NYSE: IPG) from Buy to Hold.

Interpublic shares rose 1.08 percent to close at $25.33 on Friday.

Breaking news

  • Home Depot Inc (NYSE: HD) reported stronger-than-expected results for its fourth quarter and increased its quarterly dividend by 15.7 percent.
  • Walmart Inc (NYSE: WMT) reported downbeat earnings for its fourth quarter, while sales exceeded estimates.
  • Henry Schein, Inc. (NASDAQ: HSIC) posted in-line earnings for its fourth quarter.
  • Voxeljet AG (ADR) (NYSE: VJET) reported weak preliminary sales for the year ended December 31, 2017. The company also issued a weak sales forecast for the year ending December 31, 2018.

 

Related Articles (HSIC + HD)

View Comments and Join the Discussion!

Posted-In: A Peek Into The Markets Pivotal ResearchNews Eurozone Futures Global Pre-Market Outlook Markets

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com