A Peek Into The Market Before The Trading Starts

US stock futures are higher this morning. Futures for the Dow Jones Industrial Average surged 30 points to 13,295.00 and S&P 500 index futures rose 4.60 points to 1,433.00. Nasdaq 100 futures gained 4.75 points to 2,718.00.

European markets were lower today. The STOXX Europe 600 Index fell 0.16%, London's FTSE 100 Index dropped 0.16%, French CAC 40 Index declined 0.11% and German DAX 30 index fell 0.17%. Asian markets ended mixed, with Japan's Nikkei Stock Average dropping 0.15%, China's Shanghai Composite gaining 0.10% and Australia's S&P/ASX 200 rising 0.11%. Hong Kong's Hang Seng index rose 0.65% and India's Sensex dropped 0.69%.

Analysts at Citigroup downgraded Western Digital

from “buy” to “sell.” The target price for Western Digital has been lowered from $53 to $32. Western Digital shares dropped 1.07% to $36.20 in pre-market trading.