A Peek Into The Market Before The Trading Starts

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Pre-open movers
US stock futures are mostly flat this morning, as investors are awaiting earnings from Wells Fargo & Company
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
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
  • Sohu.com 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, Changyou.com Limited CYOU to support Changyou's strategic initiatives. To read the full news, click here.
  • Kingold Jewelry 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 INFY reported upbeat third-quarter profit and lifted its revenue outlook. To read the full news, click here.
  • Ford Motor Company 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.
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Posted In: NewsFuturesGlobalPre-Market OutlookMarketsBMO CapitalUS Stock Futures
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