Skip to main content

Market Overview

A Peek Into The Markets: US Stock Futures Signal Lower Start On Wall Street

Share:
A Peek Into The Markets: US Stock Futures Signal Lower Start On Wall Street

Pre-open movers

U.S. stock futures traded lower in early pre-market trade. Futures for the Dow Jones Industrial Average dropped 75 points to 26,810, while the Standard & Poor’s 500 index futures fell 7.4 points to 2,983.00. Futures for the Nasdaq 100 index declined 37.5 points to 7,814.00.

Oil prices traded lower as Brent crude futures fell 0.2% to trade at $64.11 per barrel, while US WTI crude futures fell 0.3% to trade at $57.35 a barrel.

 

A Peek Into Global Markets

European markets were lower today, with the Spanish Ibex Index falling 0.4%, STOXX Europe 600 Index falling 0.1% and German DAX 30 index dropping 0.3%. The UK's FTSE index was trading lower by 0.1%, while French CAC 40 Index slipped 0.2%.

In Asian markets, Japan’s Nikkei Stock Average fell 0.98%, Hong Kong’s Hang Seng Index slipped 1.54%, China’s Shanghai Composite Index fell 2.58% and India’s BSE Sensex fell 2.01%.

Broker Recommendation

Analysts at Rosenblatt downgraded Apple Inc. (NASDAQ: AAPL) from Neutral to Sell.

Apple shares fell 1.8 percent to $200.65 in pre-market trading.

Breaking News

  • AZZ Inc (NYSE: AZZ) reported better-than-expected results for its first quarter.
  • Encana Corp (NYSE: ECA) agreed to sell its Arkoma Basin natural gas assets for $165 million.
  • Symantec Corporation (NASDAQ: SYMC) shares climbed around 6% in pre-market trading after Bloomberg reported Sunday that Broadcom has secured financing for acquisition.
  • Crane Co. (NYSE: CR) raised its acquisition offer for CIRCOR International, Inc. (NYSE: CIR) to $48 per share cash from $45 per share.
 

Related Articles (AAPL + AZZ)

View Comments and Join the Discussion!

Posted-In: A Peek Into The Markets US Stock FuturesNews 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