Morning Movers: Smith & Wesson Shoot Higher on Earnings; Alcoa Tumbles on Downgrade

Stocks continue to pullback from their highs reached on Monday. Daniella Zalcman for The Wall Street Journal S&P 500 futures have dropped 0.3%, while Dow Jones Industrial Average futures have fallen 0.3%, and Nasdaq Composite futures are off 0.3%. Alcoa (AA) has dropped 2.5% to $14.80 after being cut to Neutral from Buy at BofA [...]