Futures Lower as Market Pauses

Equity indexes are indicating a lower open this morning as the market digests a raft of important earnings reports and awaits key economic data.

S&P 500 futures are off 0.4 percent, though Nasdaq 100 futures are flat. Overseas markets are in negative territory, weighed down by concerns over slowing growth in China as economic data in that country continues to weaken.

The German DAX and the U.K. FTSE are falling by about 0.7 percent despite a better-than-expected reading in Germany’s Ifo survey of business sentiment earlier today. That followed declines in Asia, where Japan’s Nikkei was down by more than 1 percent and Hong Kong’s Hang Seng by 0.3 percent.

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