Pre-open movers
US stock futures are higher this morning, as investors are awaiting economic data. Futures for the Dow Jones Industrial Average surged 29 points to 13,003.00 and S&P 500 index futures rose 4.20 points to 1,367.10. Nasdaq 100 futures gained 5.50 points to 2,606.25.
A Peek Into Global Markets
European markets were higher today. The STOXX Europe 600 Index gained 0.30%, London's FTSE 100 Index moved up 0.14%, French CAC 40 index rose 0.55% and German DAX 30 index gained 0.83%.
Asian markets ended mostly higher, with Japan's Nikkei Stock Average surging 0.54%, China's Shanghai Composite rising 1.25% and Australia's S&P/ASX 200 moving up 0.49%. Hong Kong's Hang Seng index gained 0.12% and India's Sensex dropped 0.86%.
Broker Recommendation
Analysts at Jefferies & Company upgraded Target Corp TGT from “hold” to “buy.” The target price for Target has been raised from $49 to $63.
Target shares gained 2.89% to close at $54.50 yesterday.
Breaking news
Market News and Data brought to you by Benzinga APIs- Lakes Entertainment Inc LACO announced that it has entered into an agreement to buy out Addy Entertainment, LLC's interest in Evitts Resort, LLC, a joint venture between Lakes and Addy. To read the full news, click here.
- Fuel Tech Inc FTEK today announced receipt of multiple air pollution control orders totaling $2.5 million. To read the full news, click here.
- Kenneth D. Cole today announced that he has proposed to acquire through a merger transaction 100 percent of the outstanding publicly held shares of common stock of Kenneth Cole Productions Inc KCP. To read the full news, click here.
- Dell Inc DELL today announced it has acquired AppAssure. To read the full news, click here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in