A Peek Into The Market Before The Trading Starts
Pre-open movers US stock futures are higher this morning, as investors are awaiting economic data and earnings reports. Futures on the Dow Jones Industrial Average surged 51 points to 11,876.00 and futures on the S&P 500 stock index rose 6.60 points to 1,253.70. Nasdaq 100 futures gained 10.50 points to 2,385.25. A Peek Into Global Markets Asian markets ended mostly higher, with Japan's Nikkei Stock Average dropping 0.9235%, Australia's S&P/ASX 200 moving down 0.60% and China's Shanghai Composite gaining 1.66%. Hong Kong's Hang Seng Index rose 1.0461% and India's Sensex gained 1.86%. European markets were mostly higher today. The STOXX Europe 600 Index has gained 0.28%, London's FTSE 100 Index moved up 0.23%, German DAX 30 index rose 1.49% and France CAC 40 index dropped 0.20%.
Broker Recommendation Analysts at Robert W. Baird downgraded Landstar System (NASDAQ: LSTR) from “outperform” to “neutral.” The target price for TEVA has been raised from $48 to $51.
Breaking news
- DuPont Co (NYSE: DD) reported a 23% rise in its third-quarter net income on Tuesday. To read the full news, click here.
- BP Plc (NYSE: BP) reported a strong rise in its third-quarter net income. To read the full news, click here.
- The Hain Celestial Group, Inc. (NASDAQ: HAIN) today announced the acquisition of Daniels Group in the United Kingdom. To read the full news, click here.
- Biostar Pharmaceuticals, Inc. (NASDAQ: BSPM) today announced that on October 20, 2011, it completed the previously announced acquisition of Shaanxi Weinan Huaren Pharmaceuticals, Ltd. for an aggregate cash price of RMB 61 million (approximately USD$9.62 million). To read the full news, click here.
