US Stock Futures Down Ahead Of Wholesale Trade Data

US stock futures are lower this morning, as investors are awaiting wholesale trade data. Futures for the Dow Jones Industrial Average tumbled 106 points to 15,122.00 and S&P 500 index futures fell 13.20 points to 1,628.90. Nasdaq 100 futures dropped 24.25 points to 2,962.75. US stocks closed mixed on Monday, with the Dow Jones Industrial Average dropping 0.06% to 15,238.59, the S&P 500 index falling 0.03% to 1,642.81 and the Nasdaq 100 index gaining 0.13% to 3,473.77. The NFIB Small Business Optimism Index for May will be released at 7:30 a.m. ET, while the ICSC-Goldman Sachs store sales index will be released at 7:45 a.m. ET. The Johnson Redbook Retail Sales Index will be released at 8:55 a.m. ET, while wholesale trade data for April will be released at 10:00 a.m. ET. Lululemon Athletica LULU announced the resignation of its Chief Executive Christine Day. The company also posted upbeat quarterly results. Diamond Foods DMND named Raymond Silcock as its new chief financial officer and restated its FQ2 results. Texas Instruments TXN narrowed its Q2 view. LDK Solar Co LDK is estimated to post a Q1 loss at $0.96 per share on revenue of $97.20 million. Ulta Salon, Cosmetics & Fragrance ULTA is expected to post its Q1 earnings at $0.62 per share on revenue of $576.30 million. Oxford Industries OXM is estimated to post its Q1 earnings at $0.78 per share on revenue of $236.87 million. Medical Action Industries MDCI is projected to post its Q4 earnings at $0.10 per share on revenue of $110.03 million. European markets were lower today. The STOXX Europe 600 Index dipped 1.60%, London's FTSE 100 index dropped 1.44%, French CAC 40 Index declined 1.49% and German DAX 30 index fell 1.64%. Asian markets ended mostly lower, with Japan's Nikkei Stock Average dropping 1.45% and Australia's ASX/S&P500 rising 0.41%. Hong Kong's Hang Seng Index declined 1.20% and India's Sensex tumbled 1.58%.