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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 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 (NASDAQ: 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

  • Schlumberger (NYSE: SLB) reported a 3.7% drop in its fourth-quarter earnings. To read the full news, click here.
  • Norwegian Cruise Line Holdings Ltd. (NASDAQ: 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 (NYSE: JKS) today unveiled its new series of "Eagle" solar modules. To read the full news, click here.
  • General Electric Co (NYSE: GE) reported a rise in its fourth-quarter profit. To read the full news, click here.

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


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