1/19, 10:04 AM (Source: TeleTrader)
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US lower premarket with bank earnings in spotlight

Wall Street stood slightly lower in premarket trade on Wednesday ahead of the latest earnings updates from Bank of America, Morgan Stanley as well as UnitedHealth and Procter & Gamble. Meanwhile, Sony's shares continued to fall after Microsoft announced yesterday the record-breaking gaming industry deal to acquire Activision Blizzard. Sony traded 4.7% lower in the premarket in the United States after losing 12.79% at the close in Japan earlier in the day.

The Dow Jones Industrial Average index was down 0.10%, the Nasdaq 100 declined 0.09% and the S&P 500 decreased 0.13% at 4:01 am ET.

The euro was 0.16% higher compared to the US dollar, changing hands for 1.13362 at the same time.

Baha Breaking the News (BBN) / MS