Market Overview

A Peek Into The Market Before The Trading Starts

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A Peek Into The Market Before The Trading Starts
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Pre-open movers US stock futures are higher this morning. Futures for the Dow Jones Industrial Average surged 30 points to 13,218.00 and S&P 500 index futures rose 3 points to 1,423.20. Nasdaq 100 futures climbed 6 points to 2,656.50.

A Peek Into Global Markets European markets were higher today. The STOXX Europe 600 Index rose 0.28%, London's FTSE 100 Index gained 0.22%, French CAC 40 Index climbed 0.51% and German DAX 30 index rose 0.59%.

Asian markets ended mixed, with Japan's Nikkei Stock Average falling 0.09%, China's Shanghai Composite dropping 0.44% and Australia's S&P/ASX 200 rising 0.41%. Hong Kong's Hang Seng Index rose 0.21% and India's Sensex dropped 0.12%.

Broker Recommendation Analysts at Stifel Nicolaus upgraded Monster Beverage (NASDAQ: MNST) from “hold” to “buy.” The target price for Monster Beverage is set to $65.

Monster Beverage shares gained 0.04% to $52.86 in after-hours trading.

Breaking news

  • KPN (NYSE: KPN) has selected Accenture (NYSE: ACN) to develop and maintain innovative television services based on the Accenture Video Solution. To read the full news, click here.
  • Spectra Energy (NYSE: SE) announced today its intent to offer approximately 12,800,000 shares of its common stock in a registered public offering. To read the full news, click here.
  • National Instruments (NASDAQ: NATI) today announced its acquisition of Dresden, Germany-based Signalion GmbH. To read the full news, click here.
  • Acacia Research (NASDAQ: ACTG) announced today that its Unified Messaging Solutions, LLC subsidiary has entered into a license and settlement agreement with Discover Financial Services. To read the full news, click here.

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

 

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