US Stock Futures Down, Gold Reaches Another All-Time High

US stock futures moved down and gold reached another all-time high. The US dollar continued its downward movement. Futures on the Dow Jones Industrial Average fell 29 points to 10,759. S&P 500 futures dropped 0.60 points to 1,141 and Nasdaq 100 futures moved down 0.25 points to 2,008. US stocks closed higher yesterday, as the merger and acquisition deals along with strong earnings report helped to offset the weak consumer-confidence data. The Dow gained 0.43% yesterday. Hewlett-Packard Co HPQ issued its projections for 2011 at its analysts day. The company projected its adjusted earnings at $5.05 to $5.15 per share on $131.5 billion to $133.5 billion in revenue. However, the analysts were estimating earnings of $4.99 per share on $131.4 billion in revenue. Family Dollar Stores Inc FDO posted better-than-expected earnings for the fiscal fourth-quarter. Worthington Industries Inc WOR is expected to report its latest quarter earnings at $0.24 per share. Nintendo Co Ltd NTDOY has lowered its profit and sales projections for the fiscal year, due to strong performance of yen and downbeat sales performance and sales guidance for its video game consoles. The German DAX 30 index dropped about 0.3%, while the Nikkei 225 Average ended up 0.7%. The US dollar fell 0.4% to 83.613 Japanese yen. The dollar index (DXY) moved down 0.32% to reach its lowest level in eight months. Gold futures gained as the dollar moved down, with the December contract reaching $1,314.80 an ounce on Globex. Read more from Benzinga's Markets.