Pre-open movers
US stock futures are mostly flat this morning. Futures for the Dow Jones Industrial Average dropped 1 point to 13,542.00 and S&P 500 index futures fell 0.10 points to 1,475.60. Nasdaq 100 futures dropped 6 points to 2,734.50.
A Peek Into Global Markets
European markets were mostly higher today. The STOXX Europe 600 Index rose 0.13%, London's FTSE 100 Index gained 0.52%, German DAX 30 Index dropped 0.08% and French CAC 40 Index rose 0.10%.
Asian markets ended higher, with Japan's Nikkei Stock Average rising 2.86%, China's Shanghai Composite gaining 1.41% and Australia's S&P/ASX 200 Index climbing 0.31%. Hong Kong's Hang Seng Index gained 1.12% and India's Sensex surged 0.38%.
Broker Recommendation
Analysts at Jefferies upgraded Research In Motion RIMM from “hold” to “buy.” The target price for Research In Motion has been raised from $13 to $19.50.
Research In Motion shares gained 4.96% to $15.65 in pre-market trading.
Breaking news
Market News and Data brought to you by Benzinga APIs- Schlumberger SLB reported a 3.7% drop in its fourth-quarter earnings. To read the full news, click here.
- Norwegian Cruise Line Holdings Ltd. NCLH, announced Thursday the pricing of its initial public offering of 23,529,412 of its ordinary shares at a price of $19.00 per share. To read the full news, click here.
- JinkoSolar JKS today unveiled its new series of "Eagle" solar modules. To read the full news, click here.
- General Electric Co GE reported a rise in its fourth-quarter profit. To read the full news, click here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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