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Global Equity Markets See Some Pressure From Downbeat Corporate Earnings

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World stock markets were mostly weaker in overnight trading, pressured a bit by some downbeat corporate earnings reports. Japan's Nikkei stock index saw its record-setting 16-session winning streak halted Wednesday. U.S. stock indexes are pointed toward modestly lower openings when the New York day session begins.

Gold and silver prices are lower and hit a three-week low overnight. The bears have downside technical momentum in these two precious metals markets.

In overnight news, the U.K. GDP was reported up 0.4% in the third quarter and up 1.5%, year-on-year, which was a bit better than market expectations.

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