US Stock Futures Mostly Lower Ahead Of Goldman Sachs Earnings

Pre-open movers US stock futures traded mostly lower in early pre-market trade, ahead of jobless claims data and earnings from Goldman Sachs GS. 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. A Peek Into Global Markets 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. Broker Recommendation Analysts at Barclays downgraded Stanley Black & Decker SWK 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. Breaking news

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