Market Overview

A Peek Into The Market Before The Trading Starts

Related JWN
Credit Suisse Releases Q2 Coverage On Department Store Retailers
Wal-Mart's Woes In Attracting Clients No Different From Luxury Retailers
Is Nordstrom's Startup Strategy Paying Off? (Fox Business)
Related ROSG
Rosetta Genomics Announces Final New York State Approval for Rosetta Kidney Cancer Test
UPDATE: Barrington Research Initiates Coverage On Rosetta Genomics Ltd. On Good Market Position

Pre-open movers US stock futures are higher this morning, ahead of July nonfarm payrolls data. Futures for the Dow Jones Industrial Average surged 95 points to 12,926.00 and S&P 500 index futures rose 11.70 points to 1,373.60. Nasdaq 100 futures gained 24.50 points to 2,643.00.

A Peek Into Global Markets European markets were higher today. The STOXX Europe 600 Index rose 1.46%, French CAC 40 index rose 2.41%. London's FTSE 100 Index moved up 1.39% and German DAX 30 index gained 2.09%.

Asian markets ended mostly lower, with Japan's Nikkei Stock Average dropping 1.13%, China's Shanghai Composite rising 1.02% and Australia's S&P/ASX 200 moving down 1.10%. Hong Kong's Hang Seng index dropped 0.12% and India's Sensex fell 0.15%.

Broker Recommendation Analysts at RW Baird downgraded Nordstrom (NYSE: JWN) from “outperform” to “neutral.” The target price for Nordstrom has been lowered from $62 to $59.

Nordstrom shares gained 0.43% to close at $53.31 yesterday.

Breaking news

  • Rosetta Genomics Ltd (NASDAQ: ROSG) today announced the pricing of an underwritten public offering of 5,500,000 ordinary shares at a public offering price of $5.00 per share. To read the full news, click here.
  • Agrium (NYSE: AGU) announced today that it has reached an agreement for Glencore International plc to sell Viterra's minority position in a nitrogen facility located in Medicine Hat, Alberta to CF Industries Holdings, Inc. for $915-million. To read the full news, click here.
  • Synopsys (NASDAQ: SNPS), through its Taiwan subsidiary, has signed a definitive agreement to acquire SpringSoft (TAIEX:2473), a global supplier of specialized IC design software headquartered in Hsinchu, Taiwan. To read the full news, click here.
  • Epam Systems (NYSE: EPAM) reported a better-than-expected second-quarter profit and issued upbeat adjusted profit forecast for the current quarter. To read the full news, click here.

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

 

Related Articles (AGU + EPAM)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters