Market Overview

A Peek Into The Market Before The Trading Starts

A Peek Into The Market Before The Trading Starts
Related HPQ
HP Inc Needs To Focus On Stabilizing The Business
Top Performing Industries For May 26, 2016
Related HNZ
Check Out Bernstein's Massive Mondelez Bull Thesis
6 Of The Most Talked About M&A Deals This Year

Pre-open movers US stock futures are mostly flat this morning, as investors are awaiting housing starts data. Futures for the Dow Jones Industrial Average dropped 7 points to 12,731.00 and S&P 500 index futures rose 1 point to 1,383.50. Nasdaq 100 futures gained 3.50 points to 2,589.00.

A Peek Into Global Markets European markets were mostly lower today. The STOXX Europe 600 Index fell 0.20%, London's FTSE 100 Index dropped 0.19%, French CAC 40 Index declined 0.16% and German DAX 30 index rose 0.06%.

Asian markets ended mostly lower, with Japan's Nikkei Stock Average falling 0.12%, China's Shanghai Composite dropping 0.40% and Australia's S&P/ASX 200 rising 0.57%. Hong Kong's Hang Seng Index declined 0.16% India's Sensex fell 0.05%.

Broker Recommendation Analysts at Raymond James downgraded Hewlett-Packard Co (NYSE: HPQ) from “outperform” to “market perform.”

Hewlett-Packard shares dropped 6.92% to $12.38 in pre-market trading.

Breaking news

  • H.J. Heinz Co (NYSE: HNZ) reported a rise in its second-quarter profit. To read the full news, click here.
  • UGI (NYSE: UGI) today announced that its subsidiary, Flaga GmbH, has reached a definitive agreement to acquire the liquefied petroleum gas (LPG) distribution business of BP (NYSE: BP) in Poland. To read the full news, click here.
  • Kirkland's (NASDAQ: KIRK) today announced that Robert Alderson, the Company's President and Chief Executive Officer, will take a temporary medical leave of absence, effective November 26, 2012. To read the full news, click here.
  • Amarin Corporation plc (NASDAQ: AMRN) announced today that the U.S. Patent and Trademark Office (USPTO) has issued a patent covering Amarin's Vascepa® (icosapent ethyl) capsules based on U.S. Patent Application Serial No. 13/284,408. To read the full news, click here.

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


Related Articles (AMRN + BP)

View Comments and Join the Discussion!