Wall Street pre-market Thursday is leaning back, with US stock-index futures pointing to an opening bell off perhaps 1.70% from Wednesday’s close, and the tech-centric Nasdaq even lower. European bourses are trading down, and Asian exchanges largely closed lower, although Shanghai was flat and Sydney gained on resource stocks. Tech issues are struggling after Apple (AAPL) cut its Q4 revenue estimate to 9% below consensus. Bitcoin trades for $3,837, oil trades for $45.98 and 10-year US Treasuries offer 2.66%.

On the economic calendar are major-manufacturer auto sales sporadically. The MBA mortgage applications bulletin is at 7 am ET, followed by the Challenger Job-Cut Report at 7:30 am. The precursor to the official national job count, the ADP jobs report, is out at 8:15. The weekly initial jobless claims report posts at 8:30 am. At 10:00 am is the ISM Manufacturing Index and construction spending.

Simply Good Foods Co. (SMPL) and Unifirst (UNF) report earnings pre-bell.

In the futures, the S&P 500 is off 1.63%, the Nasdaq is off 2.68%, and the Dow Jones Industrial Average is off 1.54%.

In Europe, the British FTSE 100 is off 0.42%, the French CAC 40 is off 1.10% and the German DAX is off 1.17%.

Asian stock markets broadly declined Thursday, with Hong Kong slipping and Shanghai marginally lower. Other regional indexes lost ground but Sydney gained on resource issues and bank stocks. Tokyo was closed for a holiday.

The Hong Kong Hang Seng Index seesawed but finished mildly lower while the Shanghai Composite steadied after both indices retreated on Wednesday, the first trading day of 2019. Asian tech issues struggled after the Apple revenue warning but property stocks gained.

The broad gauge Hang Seng fell 65.99, or 0.26%, to 25,064.36.

Leading the upside were confectioner Want Want China (151:HK), gaining 5.5%, followed by Sino Land (83:HK), up 4.4%, and Sun Hung Kai Properties (16:HK), up 2.9%.

On the downside were Geely Automotive (175:HK), slumping 8.3%, and Sino Biopharmaceutical (1177:HK), dropping 6.8%.

On the mainland, the Shanghai Composite fell 0.04% to 2,464.36.

Among other indexes, the S. Korean Kospi declined 0.81%; the Taiwan TWSE lost 0.65%; the Australian ASX 200 inclined 1.36%; the Singapore Straits Times Index lost 0.86% and the Thai Set pulled back 0.38%. In late trading in Mumbai, the Sensex fell 1.05%.