Sour Earnings Outlooks Point Futures Lower

In commodities, crude oil was down 30 cents to $55.86. Gold was losing $6.70 to $711.60 an ounce.

Longer-dated U.S. Treasury securities were mixed. The 10-year was gaining 8/32 to yield 3.7%, and the 30-year ticked down 2/32, yielding 4.17%. The dollar was strengthening vs. the euro, yen and pound.

Across the seas, European exchanges, including the FTSE in London and the DAX in Frankfurt, were trading lower. In Asia, Japan's Nikkei and Hong Kong's Hang Seng closed with losses.