Market Overview

A Peek Into The Market Before The Trading Starts

Pre-open movers US stock futures are higher this morning, as Alcoa Inc (NYSE: AA) reported upbeat fourth-quarter revenue. Futures for the Dow Jones Industrial Average jumped 96 points to 12,433.00 and S&P 500 index futures rose 11.10 points to 1,286.70. Nasdaq 100 futures surged 20.50 points to 2,367.25.

A Peek Into Global Markets European markets were higher today. The STOXX Europe 600 Index rose 1.45%, London's FTSE 100 Index moved up 1.03%, French CAC 40 index rose 2.29% and German DAX 30 index surged 2.34%.

Asian markets ended higher, with Japan's Nikkei Stock Average gaining 0.3803%, China's Shanghai Composite gaining 2.69% and Australia's S&P/ASX 200 moving up 1.08%. Hong Kong's Hang Seng Index rose 0.7345% and India's Sensex jumped 2.22%.

Broker Recommendation Analysts at Deutsche Bank upgraded EOG Resources Inc (NYSE: EOG) from “hold” to “buy.” The target price for EOG Resources has been raised from $109 to $125.

EOG Resources shares gained 0.05% to $102.22 in after-hours trading.

Breaking news

  • JAKKS Pacific Inc (NASDAQ: JAKK) announced today an exclusive licensing agreement with Marvel Entertainment, LLC to manufacture, distribute and market a line of plush products based on Marvel Super Hero Squad that ties into the new Marvel virtual online world, HeroUp.com. To read the full news, click here.
  • Stereotaxis Inc (NASDAQ: STXS) today announced the completion of the first 50 clinical procedures using the Company's new Niobe ES™ system to treat patients with a variety of complex cardiac arrhythmias. To read the full news, click here.
  • DSP Group (NASDAQ: DSPG) has been awarded the Wi-Fi Alliance Wi-Fi CERTIFIED™ seal of approval for its XpandR® III multimedia reference design. To read the full news, click here.
  • Teleflex Incorporated (NYSE: TFX) has announced a new agreement with Novation for Teleflex's Arrow® Dialysis Access products. To read the full news, click here.

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

 

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