Pre-open movers
US stock futures traded slightly lower in early pre-market trade. The U.S. international trade report for September will be released at 8:30 a.m. ET, while factory orders data for September will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average tumbled 10 points to 17,275.00, while the Standard & Poor's 500 index futures fell 2.20 points to 2,008.90. Futures for the Nasdaq 100 index dropped 6.50 points to 4,150.75.
A Peek Into Global Markets
European markets were mixed today, with the Spanish Ibex Index falling 0.17%, STOXX Europe 600 Index rising 0.15%. German DAX 30 index climbed 0.32%, French CAC 40 Index declined 0.02% and London's FTSE 100 Index gained 0.06%.
In Asian markets, Japan's Nikkei Stock Average jumped 2.73%, Hong Kong's Hang Seng Index fell 0.29% and China's Shanghai Composite Index jumped 0.03%.
Broker Recommendation
Analysts at SunTrust Robinson Humphrey upgraded Eastman Chemical Company (NYSE:
EMN) from Neutral to Buy. The price target for Eastman Chemical has been raised from $89 to $95.
Eastman Chemical's shares closed at $82.03 yesterday.
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