U.S. stock futures traded mostly flat in early pre-market trade. The Conference Board consumer confidence index for December and the pending home sales index for November will be released at 10:00 a.m. ET.
Futures for the Dow Jones Industrial Average dropped 7 points to 24,785, while the Standard & Poor’s 500 index futures rose 1.5 points to 2,688.50. Futures for the Nasdaq 100 index declined 2.5 points to 6,457.50.
Oil prices traded lower as Brent crude futures fell 1.28 percent to trade at $66.16 per barrel, while US WTI crude futures slipped 0.85 percent to trade at $59.46 a barrel.
A Peek Into Global Markets
European markets were mostly lower today, with the Spanish Ibex Index falling 0.28 percent, STOXX Europe 600 Index declining 0.14 percent and German DAX 30 index dropping 0.26 percent. The UK’s FTSE index was trading higher by 0.22 percent, while French CAC 40 Index fell 0.08 percent.
In Asian markets, Japan’s Nikkei Stock Average rose 0.08 percent, Hong Kong’s Hang Seng Index climbed 0.07 percent, China’s Shanghai Composite Index fell 0.92 percent and India’s BSE Sensex slipped 0.29 percent.
Analysts at Compass Point downgraded Callaway Golf Co ELY from Neutral to Sell.
Callaway Golf shares fell 1.26 percent to $14.87 in pre-market trading.
- Protalix Biotherapeutics IncPLX disclosed that its PRX-102 has been granted Orphan Drug designation by the European Commission.
- HTG Molecular Diagnostics IncHTGM reported an expansion of collaboration with Merck & Co., Inc. related to Assay development and the manufacturing of kits supporting research programs.
- Gridsum Holding Inc – ADRGSUM reported a 3-year contract extension with L’Oreal.
- Energous CorpWATT reported that the company has received FCC certification for over-the-air, power-at-a-distance wireless charging.