A Peek Into The Market Before The Trading Starts - Advanced Micro Devices (NASDAQ:AMD), BioLine Rx (NASDAQ:BLRX)

Pre-open movers

US stock futures are higher this morning. Futures for the Dow Jones Industrial Average surged 68 points to 13,413.00 and S&P 500 index futures rose 8.20 points to 1,435.10. Nasdaq 100 futures gained 12.75 points to 2,787.00.

A Peek Into Global Markets

European markets were higher today. The STOXX Europe 600 Index rose 0.57%, London's FTSE 100 Index gained 0.33%, French CAC 40 Index climbed 0.66% and German DAX 30 index rose 0.54%. Asian markets ended mostly higher, with Japan's Nikkei Stock Average rising 0.48%, China's Shanghai Composite surging 2.60% and Australia's S&P/ASX 200 rising 0.46%. Hong Kong's Hang Seng Index rose 1.14% and India's Sensex declined 0.28%.

Broker Recommendation

Analysts at Jefferies upgraded Hewlett-Packard Company

HPQ

from “hold” to “underperform.” The target price for Hewlett-Packard has been lowered from $17 to $14. Hewlett-Packard shares dropped 2.51% to $16.68 in pre-market trading.

Breaking news

BioLineRx Ltd BLRX announced today that it has signed a purchase agreement for the sale, from time to time, of up to $15 million of its American Depositary Shares with Lincoln Park Capital Fund LLC, a Chicago-based institutional investor. To read the full news, click here.
DISH DISH, a leading national provider of satellite TV, is expanding the availability of its broadband service with the launch of dishNET, a high-speed Internet service via satellite nationwide. To read the full news, click here.
AMD AMD today announced the launch of AMD AppZone, an online showcase for applications and games accelerated by AMD Radeon™ graphics processing units (GPUs) and AMD accelerated processing units (APUs). To read the full news, click here.
Nuance Communications NUAN announced today that it has signed a definitive agreement to acquire Quantim^®, the Health Information Management (HIM) business of QuadraMed, a provider of leading information technology solutions for the healthcare industry. To read the full news, click here.

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