Futures down slightly before job report
Evan McDaniel | firstname.lastname@example.org
S&P 500 futures are down 2.25 points, or 0.17 percent, to 1359.25 at the time of this writing. Nasdaq 100 futures are off 3.50 points, or 0.13 percent, to 2638.75.
European indexes are lower as well. Germany's DAX is down 0.36 percent, while the U.K. FTSE 100 is off 0.03 percent. Most Asian indexes are also in negative territory with Japan's Nikkei 225 down 0.65 percent and Hong Kong's Hang Seng off 0.04 percent, though the Shanghai Composite Index bucked the trend with a gain of more than 1 percent.
The U.S. Dollar Index is pressuring commodity prices this morning as it holds above the 83 level. The euro/dollar is pushing lower into the 1.2389 level, down 0.1 percent.
Crude oil is down 1.99 points, or 2.3 percent, at 85.21. Copper posted an overnight low of 3.4605, a decline of 0.84 percent.
Spot gold futures are falling as well, reaching a low of 1588.20 before bouncing to the current price of 1594.60, still down 14.80 points, or 0.92 percent. Silver is following gold closely, seeing a session low of 27.295 before bouncing slightly to its current price of 27.385, down 1.11 percent.
In stock-specific news, shares of Apple are trading slighly lower after closing just under the $610 mark yesterday. U.S. banks are largely unchanged ahead of this morning's job report.