Angus Campbell Decline Quotations

The story of the morning is GM. Their stock is trading a lot lower in Europe, indicating that they will decline by about a dollar when they open up and that has affected the futures. This news could eradicate any good coming out of the corporations reporting today.

Apple's poor figures after the bell last night mean that the U.S. futures point to a negative start for U.S. equity indices this afternoon ... Apple is trading in Europe around 3.22 euros lower, indicating a decline of $4 when U.S. markets open later,

As oil prices continue to trade higher, this (deficit) decline could be short lived and the U.S. trade woes may get worse.

And a large decline in Asia means that the U.S. futures are heavily in the red too.