Market Overview

A Peek Into The Market Before The Trading Starts

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Pre-open movers US stock futures are higher this morning. Futures for the Dow Jones Industrial Average surged 59 points to 12,744.00 and S&P 500 index futures rose 5.20 points to 1,354.40. Nasdaq 100 futures gained 11.25 points to 2,617.25.

A Peek Into Global Markets European markets were higher today. The STOXX Europe 600 Index rose 1.17%, London's FTSE 100 Index surged 0.98%, French CAC 40 Index gained 1.23% and German DAX 30 index rose 1.49%.

Asian markets ended mostly lower, with Japan's Nikkei Stock Average falling 0.44%, China's Shanghai Composite dropping 0.29% and Australia's S&P/ASX 200 dropping 0.53%. Hong Kong's Hang Seng Index fell 0.16% India's Sensex rose 1.30%.

Broker Recommendation Analysts at Goldman Sachs downgraded MAKO Surgical (NASDAQ: MAKO) from “buy” to “neutral.” The target price for MAKO Surgical has been lowered from $36 to $17.

MAKO Surgical shares dipped 39.25% to $14.95 in after-hours trading.

Breaking news

  • Procera Networks (NASDAQ: PKT) today announced that it has received a $2.0 million follow-on order from a leading fixed-line operator in Eastern Europe. To read the full news, click here.
  • Acacia Research (NASDAQ: ACTG) announced today that its Automated Facilities Management Corporation subsidiary has entered into a license and settlement agreement with AssetPoint LLC. To read the full news, click here.
  • Boeing (NYSE: BA) announced today at the Farnborough International Airshow a commitment by GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of General Electric (NYSE: GE), to purchase 75 737 MAX 8s and 25 Next-Generation 737-800s. To read the full news, click here.
  • Move (NASDAQ: MOVE), the leader in online real estate, today announced the appointment of Barbara O'Connor as executive vice president of marketing. To read the full news, click here.

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

 

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