Good morning. Welcome to Strib Biz live. U.S. stock index futures are trading lower in advance of today's session and it looks like the S&P 500 is headed for its second consecutive weekly loss.
Emerging market assets are trading lower as investors have withdrawn approximately $2.5.billion from emerging market stocks in last week.
An analyst at Raymond James has downgraded Arctic Cat today from "strong buy" to "market perform" after the snowmobile and ATV maker missed its third quarter earnings targets and its stock dropped 11 percent. .
ATV and snowmobile maker Arctic Cat Inc