Market Overview

A Peek Into The Market Before The Trading Starts

A Peek Into The Market Before The Trading Starts
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Earnings Scheduled For May 17, 2016
10 Stocks Moving In Monday's Pre-Market Session

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 (NYSE: 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 (NASDAQ: 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 (NASDAQ: 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 (NYSE: 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 (NASDAQ: 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.

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


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