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 the presidential election. Futures for the Dow Jones Industrial Average surged 3 points to 12,994.00 and S&P 500 index futures fell 0.30 points to 1,405.20. Nasdaq 100 futures gained 2 points to 2,643.00.

A Peek Into Global Markets European markets were lower today. The STOXX Europe 600 Index declined 0.68%, London's FTSE 100 Index fell 0.65%, French CAC 40 Index dropped 0.85% and German DAX 30 index declined 0.66%.

Asian markets ended mostly lower, with Japan's Nikkei Stock Average falling 0.48%, China's Shanghai Composite dropping 0.14% and Australia's S&P/ASX 200 rising 0.23%. Hong Kong's Hang Seng index declined 0.47% and India's Sensex gained 0.04%.

Broker Recommendation Analysts at Piper Jaffray upgraded Huntsman (NYSE: HUN) from “neutral” to “overweight.” The target price for Huntsman has been raised from $15 to $21.

Huntsman shares rose 4.25% to close at $16.19 on Friday.

Breaking news

  • Baker Hughes (NYSE: BHI) and CGGVeritas (NYSE: CGV) announced today a collaborative relationship to improve shale reservoir exploration. To read the full news, click here.
  • Time Warner Cable (NYSE: TWC) reported a downbeat third-quarter profit. To read the full news, click here.
  • Tiffany & Co (NYSE: TIF) today announced plans to open an important European flagship store in Paris. To read the full news, click here.
  • Ascent Solar Technologies (NASDAQ: ASTI) announced today that it has been selected for an Air Force Small Business Innovative Research (SBIR) Phase 2 award to demonstrate a next-generation photovoltaic product that builds upon its award-winning flexible monolithically integrated copper-indium-gallium-diselenide (CIGS) technology. To read the full news, click here.

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

 

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