A Peek Into The Market Before The Trading Starts

Pre-open movers US stock futures are lower this morning, as investors are awaiting wholesale trade data. Futures for the Dow Jones Industrial Average tumbled 111 points to 15,117.00 and S&P 500 index futures fell 13.80 points to 1,628.30. Nasdaq 100 futures dropped 24.50 points to 2,962.50. A Peek Into Global Markets European markets were lower today. The STOXX Europe 600 Index dipped 1.60%, London's FTSE 100 index dropped 1.57%, French CAC 40 Index declined 1.90% and German DAX 30 index fell 1.55%. 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 1.53%. Broker Recommendation Analysts at Benchmark downgraded Moody's MCO from “buy” to “hold.” The target price for Moody's has been raised from $60 to $71. Moody's shares closed at $65.00 yesterday. Breaking news

• Trimble TRMB announced today that it has acquired privately-held Actronic Holdings Limited of Auckland, New Zealand. To read the full news, click here.
• Atlas Resource Partners LP ARP announced Monday that it has priced a public offering of 13,000,000 common units representing limited partner interests at an offering price of $21.75 per unit. To read the full news, click here.
• North American Energy Partners NOA today announced it has reached an agreement to sell its Piling businesses and announced its financial results for the year and three months ended March 31, 2013. To read the full news, click here.
• GameStop GME is now taking pre-orders for Sony Computer Entertainment SNE next generation computer entertainment system, the PS4™, the company has announced from Electronic Entertainment Expo (E3), the biggest show in the gaming industry. To read the full news, click here.