Market Overview

A Peek Into the Market Before the Trading Begins

Related FB
How Will Social Media Stocks Trade Post-Earnings?
Mid-Day Market Update: Monday's Top 10 Volume Stocks
Leon Cooperman Interview with CNBC (GuruFocus)
Related CERE
US Stock Futures Edge Higher, Crude Oil Drops
Ceres Announces Continuing Realignment of Food, Feed Markets, Biotech Traits

Pre-open movers US stock futures are lower this morning. Futures for the Dow Jones Industrial Average dipped 40 points to 12,921.00 and S&P 500 index futures fell 4.80 points to 1,400.50. Nasdaq 100 futures dropped 6.25 points to 2,628.00.

A Peek Into Global Markets European markets were lower today. The STOXX Europe 600 Index fell 0.48%, London's FTSE 100 Index dropped 0.44%, French CAC 40 Index declined 0.86% and German DAX 30 index fell 0.26%.

Asian markets ended mixed, with Japan's Nikkei Stock Average gaining 0.24%, China's Shanghai Composite dropping 0.49% and Australia's S&P/ASX 200 rising 0.27%. Hong Kong's Hang Seng Index declined 0.24% India's Sensex rose 0.16%.

Broker Recommendation Analysts at Bernstein upgraded Facebook (NASDAQ: FB) from “market perform” to “outperform.” The target price for Facebook has been raised from $23 to $33.

Facebook shares gained 1.38% to $24.33 in pre-market trading.

Breaking news

  • Ceres (NASDAQ: CERE) today announced that its Brazilian subsidiary Ceres Sementes do Brasil Ltda., has signed a sweet sorghum market development agreement with Syngenta (NYSE: SYT). To read the full news, click here.
  • NextGen Healthcare Information Systems, LLC, a wholly owned subsidiary of Quality Systems (NASDAQ: QSII) and a leading provider of healthcare information systems and connectivity solutions, announced today it has joined with Microsoft (NASDAQ: MSFT) to develop and launch the NextGen MedicineCabinet application. To read the full news, click here.
  • The Special Committee of the Board of Directors of CNH Global NV (NYSE: CNH) today announced that it has recommended the merger agreement entered into today between CNH and Fiat Industrial SpA (OTC: FNDSF). To read the full news, click here.
  • ImmunoGen (NASDAQ: IMGN) today announced the appointment of Charles Morris, MB, ChB, MRCP as Executive Vice President and Chief Development Officer, effective today. To read the full news, click here.

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


Related Articles (CNH + CERE)

Get Benzinga's Newsletters