Market Overview

A Peek Into The Market Before The Trading Starts

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Pre-open movers US stock futures are mostly flat this morning. Futures for the Dow Jones Industrial Average surged 12 points to 13,279.00 and S&P 500 index futures rose 0.50 points to 1,452.80. Nasdaq 100 futures dropped 0.50 points to 2,713.50.

A Peek Into Global Markets European markets were higher today. The STOXX Europe 600 Index rose 0.28%, London's FTSE 100 Index gained 0.38%, German DAX 30 Index climbed 0.06% and French CAC 40 Index rose 0.03%.

Asian markets ended mostly higher, with Japan's Nikkei Stock Average rising 0.67%, China's Shanghai Composite declining 0.03% and Australia's S&P/ASX 200 Index rising 0.38%. Hong Kong's Hang Seng Index gained 0.46% and India's Sensex dropped 0.38%.

Broker Recommendation Analysts at RBC Capital downgraded Dollar General (NYSE: DG) from “outperform” to “sector perform.” The target price for Dollar General has been lowered from $54 to $49.

Dollar General shares dropped 0.82% to close at $43.36 yesterday.

Breaking news

  • Greenbrier Companies (NYSE: GBX) reported a 28% drop in its fiscal first-quarter profit. To read the full news, click here.
  • MAXIMUS (NYSE: MMS) announced today that its Board of Directors has approved a quarterly cash dividend of $0.09 per share, payable on February 28, 2013 to shareholders of record on February 15, 2013. To read the full news, click here.
  • JA Solar Holdings (NASDAQ: JASO) today announced that it has commenced mass production of its 5-inch high-efficiency monocrystalline modules. To read the full news, click here.
  • First Solar (NASDAQ: FSLR) and Fundación Chile today announced that First Solar has acquired Solar Chile, a Santiago-based solar development company in which Fundación Chile was an early investor. To read the full news, click here.

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

 

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