U.S. stock futures traded slightly lower in early pre-market trade, after closing mixed in the previous session. Investors are awaiting earnings results from Halliburton Company HAL 0.34%, ManpowerGroup Inc. MAN 0.67% and International Business Machines Corporation IBM 1.15%.
The U.S. has the highest number of COVID-19 cases and deaths in the world, with total infections in the country exceeding 3,773,260 with around 140,530 deaths. Brazil confirmed over 2,098,380 cases, while India reported a total of at least 1,118,200 confirmed cases.
Futures for the Dow Jones Industrial Average dropped 31 points to 26,489 while the Standard & Poor’s 500 index futures traded fell 6.50 points to 3,207.50. Futures for the Nasdaq 100 index declined 12.50 points to 10,610.
Oil prices traded lower as Brent crude futures fell 1% to trade at $42.70 per barrel, while US WTI crude futures fell 1.1% to trade at $40.16 a barrel.
A Peek Into Global Markets
European markets were lower today, with the Spanish Ibex Index falling 0.6% and STOXX Europe 600 Index declining 0.5%. The UK’s FTSE index was trading lower by 0.9%, while French CAC 40 Index fell 0.7% and German DAX 30 declined 0.4%.
In Asian markets, Japan’s Nikkei rose 0.09%, Hong Kong’s Hang Seng Index fell 0.12%, China’s Shanghai Composite Index gained 3.11% and India’s BSE Sensex rose 0.7%.
