Market Overview

A Peek Into The Market Before The Trading Starts

Pre-open movers US stock futures are lower this morning, as investors are awaiting economic data. Futures for the Dow Jones Industrial Average dropped 20 points to 12,925.00 and S&P 500 index futures fell 3.20 points to 1,356.90. Nasdaq 100 futures declined 4.25 points to 2,586.75.

A Peek Into Global Markets European markets were lower today. The STOXX Europe 600 Index dropped 0.82%, London's FTSE 100 Index moved down 0.53%, French CAC 40 index fell 0.55% and German DAX 30 index dropped 1.05%.

Asian markets ended higher, with Japan's Nikkei Stock Average surging 0.96%, China's Shanghai Composite rising 0.93% and Australia's S&P/ASX 200 moving up 0.09%. Hong Kong's Hang Seng index rose 0.33% and India's Sensex dropped 283 points.

Broker Recommendation Analysts at Needham downgraded Dell Inc (NASDAQ: DELL) from “buy” to “hold.”

Dell shares dropped 5.05% to $17.29 in the after-hours trading session.

Breaking news

  • RMI, a GE Transportation (NYSE: GE) company today announced that it has reached a five-year agreement with RailAmerica Inc (NYSE: RA) for the implementation of RMI's ExpressYard Car Repair Billing and Operations Management Software System. To read the full news, click here.
  • Shire plc (NASDAQ: SHPGY) announced today that the European Medicines Agency's Committee for Medicinal Products for Human Use has approved the production of VPRIV® (velaglucerase alfa) in its new state-of-the-art manufacturing facility at 400 Shire Way in Lexington, MA. To read the full news, click here.
  • Lamar Advertising Co (NASDAQ: LAMR) posted upbeat fourth-quarter results, and issued strong revenue forecast for the first quarter. To read the full news, click here.
  • SAP AG (NYSE: SAP) and SuccessFactors, an SAP company, today announced their unified product direction for human capital management solutions. To read the full news, click here.

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

 

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