US Stock Futures Down Ahead Of Factory Orders Data

US stock futures traded lower in early pre-market trade. Data on motor vehicle sales for October will be released today, while data on factory orders for September will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average dipped 25 points to 17,710.0, while the Standard & Poor's 500 index futures fell 3.50 points to 2,092.00. Futures for the Nasdaq 100 index declined 10.75 points to 4,683.25.

European markets were mostly lower today, with the Spanish Ibex Index rising 0.08 percent, STOXX Europe 600 Index surging 0.02 percent and German DAX 30 index dropping 0.29 percent. French CAC 40 Index slipped 0.04 percent and London's FTSE 100 Index fell 0.13 percent. In Asian markets, Hong Kong's Hang Seng Index gained 0.89 percent, China's Shanghai Composite Index dipped 0.25 percent and India's BSE Sensex gained 0.12 percent.

Analysts at Bank of America downgraded

from Neutral to Underperform. UBS shares fell 5.83 percent to $19.22 in pre-market trading.