Market Overview

A Peek Into The Market Before The Trading Starts

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Acorda Therapeutics (ACOR) in Focus: Stock Moves 7.8% Higher - Tale of the Tape

Pre-open movers US stock futures are higher this morning. Futures for the Dow Jones Industrial Average surged 65 points to 12,375.00 and S&P 500 index futures rose 6 points to 1,306.30. Nasdaq 100 futures gained 12.25 points to 2,522.25.

A Peek Into Global Markets European markets were higher today. The STOXX Europe 600 Index gained 0.35%, London's FTSE 100 Index gained 0.38%, French CAC 40 index rose 0.40% and German DAX 30 index gained 0.53%.

Asian markets ended mostly lower, with Japan's Nikkei Stock Average dropping 1.02%, Chinese Shanghai Composite falling 0.70% and Australia's S&P/ASX 200 rising 0.17%. Hong Kong's Hang Seng index tumbled 0.43% and India's Sensex rose 1.17%.

Broker Recommendation Analysts at Bernstein upgraded The Boeing Company (NYSE: BA) from “market perform” to “outperform.” The target price for Boeing has been raised from $85 to $92.

Boeing shares rose 0.24% to close at $70.11 yesterday.

Breaking news

  • Acorda Therapeutics Inc (NASDAQ: ACOR) today announced that the first patient has been enrolled in a proof-of-concept study exploring the use of AMPYRA® (dalfampridine) Extended Release Tablets, 10 mg in treating patients who have post-stroke deficits. To read the full news, click here.
  • ICF International (NASDAQ: ICFI) and its teammate CNSI have been awarded a new multiple-award Indefinite Delivery Indefinite Quantity (IDIQ) contract by the U.S. Department of Health and Human Services (HHS), National Institutes of Health (NIH), NIH Information Technology Acquisition and Assessment Center (NITAAC) to provide information technology (IT) support services for the Chief Information Officer – Solutions and Partners 3 (CIO-SP3) contract. To read the full news, click here.
  • National Technical Systems Inc (NASDAQ: NTSC) announced today that it has acquired all the outstanding shares of stock of privately-held Garwood Laboratories Inc. To read the full newsclick here.
  • Astrotech Corporation (NASDAQ: ASTC) today announced that its Astrotech Space Operations (ASO) subsidiary secured a $1.1 million purchase order to supply hypergolic propellants support to a spacecraft manufacturer. To read the full news, click here.

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

 

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