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US Futures Indicate Flat-to-Lower Open

EQUITIES
  • European markets are mixed, with France's CAC-40 and Germany's DAX making decent headway, while the UK's FTSE-100 sits falt. Upside in core markets has been countered somewhat by weakness in both Italy's FTSE-MIB and Spain's IBEX-35.
  • US futures sit slightly lower, with the e-mini S&P off around 5 points or so. The index has ebbed off overnight highs but has so far traded wholly inside the Monday range. Yesterday's 4697.50 marks the first upside target ahead of 4700.50 and the alltime highs just beyond at 4711.75.
  • In corporate news, Home Depot's Q3 earnings showed comparable store sales coming in ahead of expectations, rising by 6.1% against exp. 1.5%.

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