Pre-open movers
US stock futures are higher this morning. Futures for the Dow Jones Industrial Average jumped 61 points to 12,921.00 and S&P 500 index futures rose 5.50 points to 1,372.80. Nasdaq 100 futures gained 15.50 points to 2,635.50.
A Peek Into Global Markets
European markets were higher today. The STOXX Europe 600 Index rose 0.80%, London's FTSE 100 Index gained 0.31%, French CAC 40 Index gained 0.68% and German DAX 30 index rose 1.07%.
Asian markets ended higher, with Japan's Nikkei Stock Average rising 0.79%, China's Shanghai Composite gaining 0.73% and Australia's S&P/ASX 200 rising 1.92%. Hong Kong's Hang Seng Index surged 1.66% India's Sensex rose 0.51%.
Broker Recommendation
Analysts at William Blair upgraded Dover DOV from “market perform” to “outperform.”The target price for Dover has been raised from $65 to $75.
Dover shares rose 1.84% to close at $52.53 yesterday.
Breaking news
Market News and Data brought to you by Benzinga APIs- Five Below FIVE announced today the pricing of its initial public offering of 9,615,384 shares of its common stock at a price to the public of $17.00 per share. To read the full news, click here.
- Integrated Electrical Services IESC has been selected by Leviton to provide electric vehicle charging station installation services for multiple automotive manufacturers, dealerships, commercial and residential applications and regional facilities nationwide. To read the full news, click here.
- AutoNation AN reported a rise in its second-quarter profit. To read the full news, click here.
- Rovi ROVI today announced its DivX® Plus Streaming technology will be integrated into the "UniPhier®" series of digital television and Blu-ray Disc™ integrated circuit (IC) solutions from Panasonic Corporation's Semiconductor Business Group. To read the full news, click here.
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