The US stocks fell in trade after a batch of disappointing corporate earnings and a rise in initial jobless claims eventually overtook investors' impulse to buy.
Dow Jones Industrial Average was down 0.36% or 49.84 points at 13860.58. Nasdaq Composite was down 0.01% or 0.18 points at 3142.13. Standard & Poor's 500 was down 0.26% or 3.85 points at 1498.11.
All eyes would be on the key jobs data from US today. The non-farm payrolls data for January. The unemployment rate is seen declining marginally to 7.7% from 7.8%.
The January consumer sentiment might show a slight uptick to 71.5 from 71.3. Meanwhile, PMI manufacturing index is seen rising to 55.5 from 54 levels last month.
In the currency space, the dollar index continues below 80 levels as the euro gains further ground to 14-month highs. It is firm at 1.36 now.
In commodities, Brent crude too continues its firm run. It is trading above USD 115. Nymex crude is above the USD 97 levels.
In precious metals, gold is trading around USD 1661 levels.
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