US Stock Futures Drop Ahead Of Consumer Credit Data

Pre-open movers US stock futures traded lower in early pre-market trade. Data on consumer credit for August will be released at 3:00 p.m. ET. Futures for the Dow Jones Industrial Average tumbled 62 points to 16,841.00, while the Standard & Poor's 500 index futures fell 7.40 points to 1,948.60. Futures for the Nasdaq 100 index declined 14 points to 3,993.00. A Peek Into Global Markets European markets were lower today, with the Spanish Ibex Index falling 1.50%, STOXX Europe 600 Index dropping 0.90%. German DAX 30 index fell 0.81%, French CAC 40 Index slipped 1.07% and London's FTSE 100 Index dropped 0.63%.German industrial output slipped 4.0% on the month in August. In Asian markets, Japan's Nikkei Stock Average dropped 0.67%, Hong Kong's Hang Seng Index gained 0.46% and India's BSE Sensex fell 1.11%. Indian Service Sector Business Activity Index increased to 51.6 in September, according to a HSBC index. . Broker Recommendation Analysts at Stifel Nicolaus upgraded Becton, Dickinson and Company BDX from Hold to Buy. The price target for Becton, Dickinson is set to $153. Becton, Dickinson's shares closed at $124.98 yesterday. Breaking news

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