U.S. equities are mostly leaning lower
U.S. equities are mostly leaning lower following yet another N. Korea missile launch over Japan and a terror incident in London, which caused a pause in investors but not a reversal into risk off trade this time, heading into quadruple witching settlement today. Heavy rounds of data kicked off with a Harvey distorted -0.2% in retail sales or +0.2% ex-autos, while the Empire State index fell to 24.4. The Dow is 14-points lower, S&P sank 3-points and NASDAQ is off 8-points in ahead of the opening bell. Asia in fact was mostly mixed, with Japan's N-225 +0.5% and the Shanghai Comp 0.5% lower, while in Europe the UK FTSE 100 is pacing declines with a 1.3% drop and the Euro Stoxx 50 is 0.25% lower. Oracle sank 3.8% after weak guidance and slowing in its cloud business. JP Morgan downgraded several airline sector stocks, sending them lower, while Carnival dove 3.4% after a CS downgrade and Equifax -2.2% remained under pressure. More data is on the way in the form of IP, business inventories and U. Michigan sentiment.