US Stock Futures Slightly Down; Crude Oil Declines

US stock futures are slightly lower this morning. Futures for the Dow Jones Industrial Average dropped 2 points to 12,861.00 and S&P 500 index futures fell 1.10 points to 1,365.70. Nasdaq 100 futures declined 2.50 points to 2,641.25. US stocks closed higher on Friday, with the Dow Jones Industrial Average rising 0.11% to 12,922.02, the S&P 500 index surging 0.36% to 1,370.87 and the Nasdaq 100 index jumping 0.60% to 2,988.34. The US Treasury Department is scheduled to issue its monthly budget for February at 1800 GMT. The Conference Board will release its employment trend index for February at 10.00 a.m. EDT. American States Water Company AWR is expected to post its Q4 EPS at $0.40 on revenue of $104.35 million. FuelCell Energy Inc FCEL to post a FQ1 loss of $0.06 per share on revenue of $32.7 million. Carmike Cinemas Inc CKEC is projected to post its Q4 EPS at $0.05 on revenue of $112.20 million. LDK Solar Co Inc LDK is expected to post a Q4 loss at $0.67 per share on revenue of $424.78 million. IDT Corporation IDT is projected to post its Q2 EPS at $0.06 on revenue of $379.15 million. Coleman Cable Inc CCIX is expected to post its Q4 EPS at $0.23 on revenue of $204.19 million. WCA Waste Corporation WCAA is estimated to post its Q4 EPS at $0.00 on revenue of $69.15 million. Tetra Technologies Inc TTI agreed to buy Optima Solutions Holdings Ltd for GBP40 million ($62.7 million). European markets were higher today. The STOXX Europe 600 Index gained 0.21%, London's FTSE 100 Index moved up 0.06%, French CAC 40 index rose 0.10% and German DAX 30 index gained 0.36%. Asian markets ended mostly lower, with Japan's Nikkei Stock Average declining 0.40%, China's Shanghai Composite dropping 0.19% and Australia's S&P/ASX 200 moving down 0.29%. Hong Kong's Hang Seng index gained 0.23% and India's Sensex rose 0.48%. Light, sweet crude-oil futures dropped $0.75 to $106.65 a barrel in electronic trading. The U.S. dollar index (DXY) rose 0.03% to 79.98 on Monday.