Skip to main content

Market Overview

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

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. US Services Purchasing Managers' Index for December is schedule for release at 9:45 a.m. ET.

Futures for the Dow Jones Industrial Average dipped 170 points to 28,432 while the Standard & Poor’s 500 index futures traded fell 19.2 points to 3,216.25. Futures for the Nasdaq 100 index declined 63 points to 8,747.00.

Oil prices traded higher as Brent crude futures rose 1.5% to trade at $69.60 per barrel, while US WTI crude futures rose 1.2% to trade at $63.78 a barrel.

A Peek Into Global Markets

European markets were lower today, with the Spanish Ibex Index falling 1%, STOXX Europe 600 Index declining 1.1% and German DAX 30 index dropping 1.6%. The UK's FTSE index was trading lower by 1%, while French CAC 40 Index fell 1.2%.

In Asian markets, Japan’s Nikkei Stock Average fell 1.91%, Hong Kong’s Hang Seng Index dropped 1.79%, China’s Shanghai Composite Index fell 0.01% and India’s BSE Sensex fell 1.9%.

Broker Recommendation

Analysts at Needham downgraded Apple Inc. (NASDAQ: AAPL) from Strong Buy to Buy and raised the price target from $280 to $350.

Apple shares fell 1% to $294.50 in pre-market trading.

Breaking News

  • Capstone Turbine Corporation (NASDAQ: CPST) issued soft preliminary Q3 guidance. The company said it expects preliminary sales of $17.4 million, versus analysts’ estimates of $20.74 million.
  • Elanco Animal Health Incorporated (NYSE: ELAN) signed an agreement with Dechra to divest Osurnia to Dechra Pharmaceuticals PLC for $135 million in cash.
  • AMCON Distributing Co (NYSE: DIT) reported a strategic investment in Team Sledd.
  • Tremor International Ltd announced plans to acquire News Corp's Unruly.

Related Articles (AAPL + CPST)

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.
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