UPDATED 7:15 ET

STOCKS – European stocks dropped from a six-year high on concern about Chinese growth and as companies from Vivendi SA (VIV) to Fresenius Medical Care AG posted disappointing results. U.S. stock-index futures were little changed, while Asian shares rose.

BONDS – U.S. credit risk has fallen to about half of what it was four months ago as the Federal Reserve slows its bond-purchase program without stoking an increase in Treasury yields.
COMMODITIES – Crude Oil fell for the third time in four days before a government report forecast to show U.S. crude stockpiles expanded and amid concern consumption in China may falter.

CURRENCIES – The Japanese Yen strengthened amid speculation a depreciating Chinese yuan will damp global growth.The British Pound strengthened for a second day against the dollar as an industry report showed U.K.mortgage approvals climbed.

ECONOMIC DATA – EU Economic Forecasts due at 7:45, US CB Consumer Confidence at 10:00, FOMC Member Tarullo Speaks at 10:10 ET.