A Peek Into The Market Before The Trading Starts - GE Aero (NYSE:GE)

Pre-open movers

US stock futures are higher this morning. Futures for the Dow Jones Industrial Average jumped 81 points to 12,718.00 and S&P 500 index futures rose 9.10 points to 1,344.00. Nasdaq 100 futures surged 18.25 points to 2,561.75.

A Peek Into Global Markets

European markets were higher today. The STOXX Europe 600 Index surged 1.12%, French CAC 40 index jumped 1.98%. London's FTSE 100 Index moved up 0.64% and German DAX 30 index gained 0.56%. Asian markets ended mixed, with Japan's Nikkei Stock Average rising 0.92%, China's Shanghai Composite dropping 0.47% and Australia's S&P/ASX 200 moving up 0.54%. Hong Kong's Hang Seng index gained 0.08% and India's Sensex fell 1.12%.

Broker Recommendation

Analysts at Goldman Sachs upgraded Schlumberger Limited

SLB

from “neutral” to “buy.” The target price for Schlumberger has been raised from $88 to $95. Schlumberger shares fell 0.07% to $68.20 in after-hours trading.

Breaking news

Gentiva Health Services GTIV today announced the acquisition of Advocate Hospice, located in Danville, Indiana. To read the full news, click here.
iBio IBIO, and GE Healthcare, the healthcare business of GE GE, announced today a new global alliance to commercialize plant-based technologies for the manufacture of biopharmaceuticals and vaccines. To read the full news, click here.
Biodel BIOD announced today that the Small Business Innovation Research (SBIR) program of the National Institutes of Health (NIH) has awarded Biodel a grant for the development of concentrated ultra-rapid-acting insulin formulations for use in an artificial pancreas, also known as a closed loop pump system. To read the full news, click here.
US Airways LCC has renewed its agreement with GuestLogix Inc. To read the full news, click here.

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