Market Overview

A Peek Into The Market Before The Trading Starts

A Peek Into The Market Before The Trading Starts
Related ADTN
Cowen Upgrades ADTRAN, Sees Revenue Boost In Future From AT&T Deal
Earnings Scheduled For January 19, 2016
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 ADP employment data. Futures for the Dow Jones Industrial Average surged 49 points to 12,981.00 and S&P 500 index futures rose 4 points to 1,409.50. Nasdaq 100 futures gained 5 points to 2,669.50.

A Peek Into Global Markets European markets were higher today. The STOXX Europe 600 Index rose 0.15%, London's FTSE 100 Index gained 0.21%, French CAC 40 Index surged 0.21% and German DAX 30 index rose 0.26%.

Asian markets ended higher, with Japan's Nikkei Stock Average rising 0.39%, China's Shanghai Composite gaining 2.87% and Australia's S&P/ASX 200 rising 0.36%. Hong Kong's Hang Seng Index rose 2.16% and India's Sensex climbed 0.23%.

Broker Recommendation Analysts at Citigroup downgraded ADTRAN (NASDAQ: ADTN) from “neutral” to “sell.” The target price for ADTRAN has been lowered from $17 to $12.50.

ADTRAN shares gained 0.66% to close at $19.81 yesterday.

Breaking news

  • Acacia Research (NASDAQ: ACTG) announced today that a subsidiary has acquired patents for Micro-Location Technology. To read the full news,

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


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