U.S. equities are marginally weaker
U.S. equities are marginally weaker in pre-market futures trading, but have recovered from the lows seen overnight. The S&P 500 is down 0.03%, the Dow is off 0.1% and the NASDAQ has slipped 0.07% in pre-market action. In Europe, the Euro Stoxx has recovered from opening losses to post a 0.5% gain. The DAX is up 0.4%, but other regional indexes are seeing shallow declines but are off their worst levels. Disappointing PMI readings from Japan and the Eurozone weighed on stocks markets overnight. Japan's Nikki 225 fell 0.8%, Hong Kong's Hang Seng lost 0.5% and China's CSI 300 was down 0.4%. Corporate earnings season continues, with reports from Ally Financial, American Express, BB&T, Check Point Software, Citizens Financial, Danaher Corp., Dover Corp., Genuine Parts, Honeywell, Intuitive Surgical, KeyCorp, Philip Morris, PPG, Regions Financial, Rogers Communication, Schlumberger, SunTrust, Synchrony, Blackstone, Travelers, and Union Pacific.