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.
- 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.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.