Market Overview

A Peek Into The Market Before The Trading Starts

A Peek Into The Market Before The Trading Starts
Related RIMM
Blackberry's Investor Strategy
A Peek Into The Market Before The Trading Starts
Related SOHU
Brean Capital Reviews Changyou, Sohu Earnings
Earnings Scheduled For April 27, 2015
Qihoo 360 Tech Jumps Into China's Smart Home Market (Investor's Business Daily)

Pre-open movers US stock futures are mostly flat this morning, as investors are awaiting earnings from Wells Fargo & Company (NYSE: WFC). Futures for the Dow Jones Industrial Average dropped 7 points to 13,398.00 and S&P 500 index futures fell 0.60 points to 1,466.50. Nasdaq 100 futures rose 0.25 points to 2,737.25.

A Peek Into Global Markets European markets were mixed today. The STOXX Europe 600 Index declined 0.09%, London's FTSE 100 Index rose 0.16%, German DAX 30 Index gained 0.10% and French CAC 40 Index fell 0.16%.

Asian markets ended mostly lower, with Japan's Nikkei Stock Average rising 1.40%, China's Shanghai Composite dipping 1.78% and Australia's S&P/ASX 200 Index dropping 0.24%. Hong Kong's Hang Seng Index fell 0.39% and India's Sensex rose 0.09 points.

Broker Recommendation Analysts at BMO Capital downgraded Research In Motion (NASDAQ: RIMM) from “market perform” to “underperform.” The target price for Research In Motion has been lowered from $12 to $9.

Research In Motion shares dropped 2.27% to $11.65 in pre-market trading.

Breaking news

  • (NASDAQ: SOHU) today announces changes in the duties of some members of management and the creation of the new position of chief information officer at its online game subsidiary, Limited (NASDAQ: CYOU) to support Changyou's strategic initiatives. To read the full news, click here.
  • Kingold Jewelry (NASDAQ: KGJI) today announced that the Company has entered into a Subscription Agreement with three individuals providing for the sale of 7,000,000 shares of its common stock at a price of $1.80 per share for gross proceeds of $12,600,000. To read the full news, click here.
  • Infosys (NASDAQ: INFY) reported upbeat third-quarter profit and lifted its revenue outlook. To read the full news, click here.
  • Ford Motor Company (NYSE: F) plans to hire 2,200 salaried workers in the U.S. this year – the largest increase in new salaried workers in more than a decade – to support the continued aggressive pace of new Ford product introductions. To read the full news, click here.

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


Related Articles (CYOU + F)

Around the Web, We're Loving...