A Peek Into The Market Before The Trading Starts
Pre-open movers US stock futures are mostly flat this morning. Futures for the Dow Jones Industrial Average gained 2 points to 13,122.00 and S&P 500 index futures fell 2.10 points to 1,396.10. Nasdaq 100 futures gained 2.50 points to 2,709.25.
A Peek Into Global Markets European markets were mostly lower today. The STOXX Europe 600 Index gained 0.02%, French CAC 40 index fell 0.13%. London's FTSE 100 Index moved down 0.13% and German DAX 30 index dropped 0.68%.
Asian markets ended mostly higher, with Japan's Nikkei Stock Average surging 1.10%, China's Shanghai Composite rising 0.61% and Australia's S&P/ASX 200 moving down 0.06%. Hong Kong's Hang Seng index gained 1.02% and India's Sensex dropped 0.23%.
Broker Recommendation Analysts at Piper Jaffray upgraded Cisco Systems (NASDAQ: CSCO) from “neutral” to “overweight.” The target price for Cisco Systems has been raised from $20 to $22.
Cisco Systems shares gained 0.12% to $17.18 in after-hours trading.
- Main Street Capital (NYSE: MAIN) announced today that it recently closed a new portfolio investment totaling $11.7 million of invested capital in Indianhead Pipeline Services, LLC. To read the full news, click here.
- PepsiCo (NYSE: PEP) announced that it has signed an agreement with Diamond Star Co., Ltd., a unit of the Capital Diamond Star Group, to distribute PepsiCo beverage brands in Myanmar. To read the full news, click here.
- Susquehanna Bancshares (NASDAQ: SUSQ) announced today that it has priced an underwritten public offering of $150 million aggregate principal amount of 5.375% senior notes due 2022. To read the full news, click here.
- UniPixel (NASDAQ: UNXL) today announced the pricing of its public offering of common stock at a price to the public of $5.25 per share. To read the full news, click here.
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