Alcoa is trading 4.17% down at $39.76 as aluminum futures reportedly fell to a year-to-date low amid faster smelter restarts and rising exports. - Alcoa’s earnings report is scheduled for October 15. - Hotter-than-expected September inflation weighed on markets; Reuters reported U.S. stocks were headed lower as the data boosted rate-hike bets. - Barclays initiated coverage with an Overweight rating and $55 target, but that positive company-specific action does not explain the drop.