Market Overview

A Peek Into The Market Before The Trading Starts

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Pre-open movers US stock futures are higher this morning, after lawmakers reached a deal to avoid the fiscal cliff. Futures for the Dow Jones Industrial Average jumped 224 points to 13,251.00 and S&P 500 index futures rose 27.90 points to 1,448.00. Nasdaq 100 futures climbed 60 points to 2,714.50.

A Peek Into Global Markets European markets were higher today. The STOXX Europe 600 Index rose 1.98%, London's FTSE 100 Index gained 2.36%, German DAX 30 Index surged 2.14% and French CAC 40 Index rose 2.11%.

Asian markets ended higher, with Australia's S&P/ASX 200 Index gaining 1.25%. Hong Kong's Hang Seng Index gained 2.89% and India's Sensex rose 0.68%.

Broker Recommendation Analysts at Buckingham downgraded Kohl's (NYSE: KSS) from “buy” to “neutral.”

Kohl's shares gained 0.63% to $43.25 in pre-market trading.

Breaking news

  • Lincoln Electric Holdings (NASDAQ: LECO) announced today that it has acquired the privately-held automated systems and tooling manufacturer, Tennessee Rand. To read the full news, click here.
  • Neogen (NASDAQ: NEOG) announced today that it has acquired the assets of Scidera Genomics, LLC, an animal genomics business based in Davis, California. To read the full news, click here.
  • InterDigital (NASDAQ: IDCC) today announced that its patent holding subsidiaries have entered into an agreement which extends the term of their worldwide, non-exclusive, royalty-bearing patent license agreement with Research In Motion Limited. To read the full news, click here.
  • Dollar Tree (NASDAQ: DLTR) has announced that it intends to expand its distribution center in Marietta, Oklahoma by an additional 400,000 square feet. To read the full news, click here.

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


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