Market Overview

A Peek Into The Market Before The Trading Starts

A Peek Into The Market Before The Trading Starts
Related TWC
Comcast To Keep Customers From Netflix And Chilling
Earnings Recap For January 28
Facebook Net Neutrality Set Back, Verizon Tests Regulatory Waters (Investor's Business Daily)
Related ACTG
Acacia Announces Settlement and Patent License Agreement with Huawei Technologies Co., Ltd.
Acacia Subsidiary Enters into Settlement and Patent License Agreement with Alcatel Lucent USA Inc.

Pre-open movers US stock futures are higher this morning, as investors are awaiting economic data. Futures for the Dow Jones Industrial Average surged 17 points to 12,561.00 and S&P 500 index futures rose 3.50 points to 1,356.50. Nasdaq 100 futures gained 5.75 points to 2,535.25.

A Peek Into Global Markets European markets were lower today. The STOXX Europe 600 Index dropped 0.57%, London's FTSE 100 Index fell 0.36%, French CAC 40 Index declined 0.21% and German DAX 30 index dropped 0.50%.

Asian markets ended mostly lower, with Japan's Nikkei Stock Average gaining 1.90%, China's Shanghai Composite falling 1.22% and Australia's S&P/ASX 200 dropping 0.91%. Hong Kong's Hang Seng index dipped 1.55% and India's Sensex dropped 0.79%.

Broker Recommendation Analysts at JP Morgan upgraded Time Warner Cable (NYSE: TWC) from “neutral” to “overweight.” The target price for Time Warner Cable has been raised from $100 to $110.

Time Warner Cable shares dropped 2.02% to close at $89.29 yesterday.

Breaking news

  • Acacia Research (NASDAQ: ACTG) announced today that its Criminal Activity Surveillance, LLC subsidiary has entered into a license and settlement agreement with UDP Americas, Inc. To read the full news, click here.
  • Stage Stores (NYSE: SSI) posted a narrower fiscal third-quarter loss. To read the full news, click here.
  • American Tower (NYSE: AMT) today announced that it has entered into a definitive agreement with KPN's German subsidiary, E-Plus, under which American Tower will acquire over 2,000 KPN tower sites in Germany for an agreed upon purchase price of approximately €393 million. To read the full news, click here.
  • Targa Resources Partners LP (NYSE: NGLS) announced today the commencement of an underwritten public offering of 9,500,000 common units representing limited partner interests. To read the full news, click here.

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


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