A Peek Into The Market Before The Trading Starts
Pre-open movers US stock futures are slightly higher this morning, ahead of earnings reports from major companies and economic data. Futures for the Dow Jones Industrial Average gained 14 points to 12,518.00 and S&P 500 index futures rose 1.50 points to 1,303.70. Nasdaq 100 futures gained 6.50 points to 2,427.00.
A Peek Into Global Markets European markets were higher today. The STOXX Europe 600 Index gained 0.49%, London's FTSE 100 Index moved up 0.34%, French CAC 40 index rose 0.90% and German DAX 30 index surged 0.23%.
Asian markets ended mostly higher, with Japan's Nikkei Stock Average surging 1.1222%, China's Shanghai Composite rising 1.31% and Australia's S&P/ASX 200 moving down 0.05%. Hong Kong's Hang Seng Index rose 1.3005% and India's Sensex surged 1.17%.
Broker Recommendation Analysts at Bank of America upgraded F5 Networks Inc (NASDAQ: FFIV) from “neutral” to “buy.” The target price for F5 Networks has been raised from $115 to $136.
F5 Networks shares closed at $108.46 yesterday.
Breaking news
- Acacia Research Corporation (NASDAQ: ACTG) announced today that its Smooth Impact LLC subsidiary has entered into a license agreement with Olympic Tools International, Inc. covering patents directed to impact instrument technology. To read the full news, click here.
- Microsemi Corporation (NASDAQ: MSCC) today announced it has acquired the telecom clock generation, synchronization, packet timing and synthesis business from Maxim Integrated Products Inc (NASDAQ: MXIM). To read the full news, click here.
- UnitedHealth Group Inc (NYSE: UNH) reported a 21% rise in its fourth-quarter profit. To read the full news, click here.
- Bank of America Corp (NYSE: BAC) swung to a fourth-quarter profit on Thursday. To read the full news, click here.
