in the us futures for the sp 500 were down 05 and futures for the dow jones industrial average fell 05 changes in futures do not necessarily predict movements after the opening bell in europe the stoxx europe 600 declined 02 in morning trading koninklijke philips rose 93 and thg climbed 64 on the other hand orpea lost 85 and avanza bank holding dropped 65 the ftse 100 lost 02 other stocks in europe were down as frances cac 40 decreased 03 and germanys dax dropped 02