A Peek Into The Market Before The Trading Starts
Pre-open movers US stock futures are slightly higher this morning, ahead of economic data. Futures for the Dow Jones Industrial Average surged 7 points to 13,114.00 and S&P 500 index futures rose 1.70 points to 1,410.00. Nasdaq 100 futures gained 4.50 points to 2,787.25.
A Peek Into Global Markets European markets were mostly lower today. The STOXX Europe 600 Index declined 0.45%, French CAC 40 index dropped 0.81%. London's FTSE 100 Index moved up 0.02% and German DAX 30 index fell 0.44%.
Asian markets ended mixed, with Japan's Nikkei Stock Average dropping 0.57%, China's Shanghai Composite rising 0.85% and Australia's S&P/ASX 200 moving up 0.32%. Hong Kong's Hang Seng index gained 0.07% and India's Sensex fell 0.27%.
Broker Recommendation Analysts at Atlantic Equities upgraded Eli Lilly & Co (NYSE: LLY) from “underweight” to “overweight.” The target price for Eli Lilly is set to $49.
Eli Lilly shares gained 1.66% to close at $44.59 yesterday.
- Barnes & Noble (NYSE: BKS) today announced a partnership with UK retailer John Lewis to bring the company's award-winning NOOK reading experience and leading digital bookstore to its physical stores and online sales channels this autumn. To read the full news, click here.
- Abbott (NYSE: ABT) announced today CE Marking (Conformite Europeenne) for a testosterone assay with improved sensitivity and clinical utility. To read the full news, click here.
- Quanta Services (NYSE: PWR) today announced that Southern California Edison (SCE) selected PAR Electrical Contractors, Inc. (PAR), a Quanta Services company, to install transmission infrastructure for SCE's Eldorado-Ivanpah Transmission Project. To read the full news, click here.
- MasterCard (NYSE: MA) and Everything Everywhere, the UK's largest communications company, have announced an exclusive, five-year partnership to develop leading mobile and digital payment solutions for Everything Everywhere's 27 million UK customers. To read the full news, click here.
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