Market Overview

A Peek Into The Market Before The Trading Starts

A Peek Into The Market Before The Trading Starts
Related JWN
Traditional Retailers Set Their Sights On Amazon
Cramer Advises His Viewers On Nordstrom And Skechers
The Vetr community has upgraded $JWN to 3.5-Stars. (Vetr)
Related ROSG
Rosetta Genomics Reports Advancement of Collaboration with Biocept for PoC Studies Aimed at microRNA Profiling of Circulating Tumor Cells
Rosetta Provides Update on Performance Data and Launch of RosettaGX Reveal™ (Thyroid microRNA Classifier)

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)

View Comments and Join the Discussion!

Get Benzinga's Newsletters