U.S. stock futures traded lower in early pre-market trade after the Nasdaq Composite dropped over 2% in the previous session. Investors are awaiting earnings results from Bank of America Corporation (NYSE: BAC), The Charles Schwab Corporation (NYSE: SCHW), J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) and The Bank of New York Mellon Corporation (NYSE: BK).
The housing market index for April is scheduled for release at 10:00 a.m. ET. Federal Reserve Bank of St. Louis President James Bullard will speak at 4:00 p.m. ET.
Futures for the Dow Jones Industrial Average dropped 78 points to 34,280.00 while the Standard & Poor’s 500 index futures fell 17.75 points to 4,369.75. Futures for the Nasdaq index fell 78.50 points to 13,815.25.
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Oil prices traded lower as Brent crude futures fell 0.3% to trade …