Market Overview

A Peek Into The Market Before The Trading Starts

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Pre-open movers US stock futures are mostly flat this morning, ahead of consumer confidence data. Futures for the Dow Jones Industrial Average dropped 4 points to 13,221.00 and S&P 500 index futures fell 1.50 points to 1,411.60. Nasdaq 100 futures gained 4.25 points to 2,767.75.

A Peek Into Global Markets European markets were higher today. The STOXX Europe 600 Index surged 0.26%, French CAC 40 index gained 0.04%. London's FTSE 100 Index moved up 0.24% and German DAX 30 index rose 0.20%.

Asian markets ended higher, with Japan's Nikkei Stock Average gaining 0.77%, China's Shanghai Composite rising 0.13% and Australia's S&P/ASX 200 moving up 0.93%. Hong Kong's Hang Seng index gained 0.77% and India's Sensex rose 0.19%.

Broker Recommendation Analysts at Jefferies downgraded VIVUS (NASDAQ: VVUS) from “hold” to “underperform.” The target price for VIVUS has been lowered from $31 to $16.

VIVUS shares dropped 2.09% to $22.08 in pre-market trading.

Breaking news

  • ReneSola Ltd (NYSE: SOL) today announced it has formally obtained certification from the Standards Institution of Israel ("SII") for the Company's solar modules, including its Virtus series, monocrystalline series and multicrystalline series of solar modules. To read the full news, click here.
  • CME Clearing Europe, the London-based clearing house wholly-owned by CME Group (NASDAQ: CME), today announced it has extended the range of eligible collateral types to include gold bullion. To read the full news, click here.
  • Henry Schein (NASDAQ: HSIC) today announced the appointment of Carol Raphael to the Company's Board of Directors.To read the full news, click here.
  • J.M. Smucker Co (NYSE: SJM) reported a 1% drop in its first-quarter profit. To read the full news, click here.

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

 

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