Pre-Market Brief:

MARKET SNAP: At 5:50 a.m. ET, S&P 500 futures down 0.2%. Treasurys lower. Nymex down at $90.03; Gold lower at $1,618.03. In Europe, FTSE 100 up 0.5%, DAX up 0.8% and CAC 40 up 0.8%. In Asia, Nikkei 225 up 0.8% and Hang Seng up 1.6%.

New York lender files Libor lawsuit; U.S. corporate profit streak in peril

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