Market Overview

A Peek Into The Market Before The Trading Starts

Pre-open movers US stock futures are slightly lower this morning, ahead of economic data. Futures on the Dow Jones Industrial Average dropped 11 points to 12,206.00and futures on the S&P 500 stock index fell 2.30 points to 1,258.00. Nasdaq 100 futures declined 1.50 points to 2,277.

A Peek Into Global Markets European markets were higher today. The STOXX Europe 600 Index has gained 0.01%, German DAX 30 index rose 0.17% and France CAC 40 index surged 0.24%.

Asian markets ended lower, with Japan's Nikkei Stock Average dropping 0.4574% and China's Shanghai Composite dropping 1.09%.

Broker Recommendation Analysts at Oppenheimer upgraded VMware Inc (NYSE: VMW) from “perform” to “outperform.” The target price for VMware is set to $100.

VMware shares gained 0.69% to $84.25 in pre-market trading.

Breaking news

  • Mylan Inc. (NASDAQ: MYL) today announced that its subsidiary Mylan Pharmaceuticals Inc. has received final approval from the U.S. Food and Drug Administration for its Abbreviated New Drug Application for Levetiracetam Extended-release Tablets, 500 mg and 750 mg. To read the full news, click here.
  • Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), announced today that its Herley Industries, Inc. subsidiary has received an exclusive three year requirements contract with a potential value of $13.6 million from a major prime contractor for the continuing production of flight safety electronics hardware for five critical U.S. missile programs. To read the full news, click here.
  • Delcath Systems, Inc. (NASDAQ: DCTH) announced today that the Company has entered into an initial launch and training agreement for the Delcath Hepatic CHEMOSAT® Delivery system with Johann Wolfgang Goethe University Hospital (J.W. Goethe), a premier European cancer treatment and research center located in Frankfurt, Germany. To read the full news, click here.
  • The Wendy's Company (NYSE: WEN) today announced the grand opening of the first joint venture Wendy's® restaurant in Japan, located in Tokyo's Omotesando area. To read the full news, click here.

Posted-In: Oppenheimer US Stock FuturesNews Futures Global Pre-Market Outlook Markets

 

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