-Dow Industrial futures down 60 points.

-S&P 500 futures down 9 points.

-Nasdaq 100 futures down 12 points.

-Nasdaq-100 Pre-Market Indicator down 4.83 at 1807.38.

GLOBAL SENTIMENT

Nikkei down 1.3%

Hang Seng down 0.9%

FTSE-100 down 0.7%

PRE-MARKET SECTOR WATCH

(-) Large cap tech: mostly lower

(-) Chip stocks: mostly lower

(+,-) Drug stocks: mixed

(+,-) Software stocks: mixed

(+,-) Internet stocks: mixed

(-) Financial stocks: mostly lower

(+) Auto stocks: mostly firmer

(-) Airline stocks: lower

(+,-) Retail stocks: mixed

UPSIDE MOVERS

(+) STP (+2.4%) beats with Q3 results.

(+) NTAP (+3.7%) beats with Q2, guides for Q3 EPS in line to above Street.

(+) SHLD (+4%) reports slimmer loss than Street view.

(+) WSM (+3.7%) beats and guides for revenue to beat.

(+) GME (+5.6%) beats with Q3, guidance straddles Street.

DOWNSIDE MOVERS

(-) INTC (-2.9%) downgraded.

(-) TXN (-3%) downgraded.

(-) HOTT (-12.3%) latest earnings include Q4 guidance miss.

(-) JPM (-0.8%) announces as-expected buyout of Cazenove JV.

(-) ASML (-4.1%) downgraded.

(-) CMED (-16.8%) guides for Q3 revs below Street view.

(-) NTES (-6.7%) misses Q3 expectations.

(-) DELL (-1.3%) due with earnings in after-hours.

(-) NMM (-7.6%) selling stock.

(-) DKS (-10%) beats with Q3, guides for Q4 below Street.

MARKET DIRECTION

Futures indicate a lower start to U.S. action, holding their downside after jobless claims data.

The decline is in step with global equity softness and a reflection of valuation questions after the major averages hit 13-month highs this week.

Oil is trading down $0.70 at $78.88. Gold is little changed near $1,143 an ounce as the dollar improves modestly.

The number of people filing initial claims for state unemployment benefits was flat at a seasonally adjusted 505,000 in the week ended Nov. 14, the Labor Department reported Thursday. Economists surveyed by MarketWatch expected initial claims to drop to 500,000. The level of initial claims in the week ended Nov. 7 was revised up by 3,000 to 505,000. The four-week average of initial claims dropped 6,500 to 514,000.

Later in the morning, leading indicators and the Philly Fed index will be released.