US Stock Futures Mostly Lower Ahead Of Goldman Sachs Earnings

US stock futures traded mostly lower in early pre-market trade, ahead of jobless claims data and earnings from Goldman Sachs

. Data on weekly jobless claims will be released at 8:30 a.m. ET, while the general business conditions index of the Philadelphia Fed survey for October will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average tumbled 35 points to 15,214.00, while the Standard & Poor's 500 index futures fell 1.90 points to 1,711.30. Futures for the Nasdaq 100 index gained 0.25 points to 3,264.25.

European markets were lower today, with the Spanish Ibex Index falling 0.19%, London's FTSE 100 index dropping 0.10% and STOXX Europe 600 Index declining 0.08%. German DAX 30 index fell 0.48% and French CAC 40 Index declined 0.32%. UK's retail sales rose 1.5% in the third quarter grew 1.5% versus the second quarter. Asian markets ended mixed today. Japan's Nikkei Stock Average gained 0.83%, China's Shanghai Composite fell 0.21% and Hong Kong's Hang Seng Index declined 0.57%. Australia's ASX/S&P500 surged 0.33% and India's Sensex fell 0.64%. China's foreign direct investment rose 4.9% y/y to $8.8 billion in September.

Analysts at Barclays downgraded Stanley Black & Decker

from “equal-weight” to “underweight.” The target price for Stanley Black & Decker has been lowered from $87 to $73. Stanley Black & Decker's shares closed at $76.75 yesterday.