Pre-open movers
US stock futures traded lower in early pre-market trade. Macy's M is projected to report its Q3 earnings at $0.50 per share on revenue of $6.34 billion. Data on wholesale inventories for September will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average tumbled 52 points to 17,516.00, while the Standard & Poor's 500 index futures fell 6.70 points to 2,029.80. Futures for the Nasdaq 100 index slipped 11.25 points to 4,172.00.
A Peek Into Global Markets
European markets were lower today, with the Spanish Ibex Index dropping 1.02%, STOXX Europe 600 Index falling 0.78%. German DAX 30 index slipped 1.20%, French CAC 40 Index tumbled 0.94% and London's FTSE 100 Index dropped 0.43%.
In Asian markets, Japan's Nikkei Stock Average jumped 0.43%, Hong Kong's Hang Seng Index rose 0.55%, China's Shanghai Composite Index jumped 1% and India's Sensex rose 0.35%.
Broker Recommendation
Analysts at Evercore Partners downgraded CBOE Holdings CBOE from Hold to Sell and maintained the price target of $55.00.
CBOE Holdings' shares rose 0.82% to close at $62.38 yesterday.
Breaking news
Market News and Data brought to you by Benzinga APIs- Pluristem Therapeutics PSTI announced today that it has been granted a patent in both Australia and New Zealand for the use of a specified population of placental cells for treating several medical indications.To read the full news, click here.
- Ocular Therapeutix OCUL announced today enrollment of the first patients in a Phase 2b clinical trial evaluating Sustained Release Travoprost (OTX-TP) for the reduction of elevated intraocular pressure in patients with open-angle glaucoma and ocular hypertension. To read the full news, click here.
- Two major Yahoo! YHOO shareholders are asking AOL AOL CEO Tim Armstrong to consider a merger of the two companies, according to Reuters. To read the full news, click here.
- Cognizant CTSH today announced the acquisition of Odecee, a leading provider of digital solutions to enterprises in the Australia and New Zealand region. To read the full news, click here.
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