US Stock Futures Down As Investors Await Citigroup Earnings

US stock futures are lower this morning, as investors are awaiting earnings from Citigroup Inc C. Futures on the Dow Jones Industrial Average dipped 63 points to 12,240.00 and futures on the S&P 500 stock index fell 8.40 points to 1,310.60. Nasdaq 100 futures dropped 11 points to 2,298.75. On Friday, the Dow Jones industrial average gained 0.46% to 12,342, the Standard & Poor's 500 Index surged 0.39% to 1,320 and the Nasdaq Composite Index rose 0.16% to 2,765. Texas Instruments Inc TXN is projected to report its Q1 earnings at $0.58 per share on revenue of $3.40 billion. Keycorp KEY is expected to report its Q1 EPS at $0.15 on revenue of $1.09 billion. Citigroup Inc is estimated to report its Q1 EPS at $0.09 on revenue of $20.55 billion. Eli Lilly & Co LLY is projected to report its Q1 EPS at $1.16 on revenue of $ 5.70 billion. Gannett Co GCI is estimated to post its Q1 earnings at $0.41 per share on revenue of $1.26 billion. Halliburton Co HAL is projected to report its Q1 earnings at $0.58 per share on revenue of $4.89 billion. Johnson & Johnson Inc JNJ is in talks to purchase Synthes Inc for $20 billion. Asian markets ended mixed, with Japan's Nikkei Stock Average dropping 0.36%, Australia's S&P/ASX 200 gaining 0.13% and China's Shanghai Composite rising 0.23%. Hong Kong's Hang Seng index fell 0.74%. Negative sentiment ruled the European markets today. While STOXX Europe 600 Index has dropped 0.73%, London's FTSE 100 Index moved down 0.80%. Crude for May delivery dropped $0.98 to $108.68 a barrel on Globex. The dollar index (DXY) gained 0.5% to 75.169. The euro dropped 0.6% to $1.4328 versus the dollar. Read more from Benzinga's Markets.