Market Overview

A Peek Into The Market Before The Trading Starts

Pre-open movers US stock futures are lower this morning. Futures for the Dow Jones Industrial Average dropped 31 points to 12,745.00 and S&P 500 index futures fell 4.90 points to 1,334.20. Nasdaq 100 futures dropped 7.75 points to 2,518.00.

A Peek Into Global Markets European markets were lower today. The STOXX Europe 600 Index fell 0.57%, London's FTSE 100 Index moved down 0.42%, French CAC 40 index declined 0.48% and German DAX 30 index dropped 0.73%.

Asian markets ended lower, with Japan's Nikkei Stock Average dropping 0.0803%, China's Shanghai Composite declining 1.68% and Australia's S&P/ASX 200 moving down 0.45%. Hong Kong's Hang Seng index dropped 0.0519% and India's Sensex fell 0.48%.

Broker Recommendation Analysts at Citigroup downgraded Aon Corporation (NYSE: AON) from “buy” to “neutral.” The target price for Aon has been lowered from $53 to $51.

Aon shares fell 0.17% to close at $47.98 yesterday.

Breaking news

  • Becton Dickinson & Co (NYSE: BDX) reported upbeat first-quarter results, but cut its full-year profit outlook. To read the full news, click here.
  • Pluristem Therapeutics Inc (NASDAQ: PSTI) today announced that following preliminary discussions with several governmental authorities, it will expand its research and development efforts on an acute radiation exposure treatment. To read the full news, click here.
  • Wright Medical Group Inc (NASDAQ: WMGI) today announced the 510(k) clearance and limited launch of the PROPHECY® INBONE® Pre-Operative Navigation Alignment Guides for total ankle replacement. To read the full news, click here.
  • Sprint (NYSE: S) is partnering with Orange Business Services to provide Sprint with global machine-to-machine connectivity outside the U.S., the companies announced today. To read the full news, click here.

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

 

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