Market Overview

A Peek Into The Market Before The Trading Starts

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Pre-open movers US stock futures are mixed this morning, as investors are awaiting economic data. Futures for the Dow Jones Industrial Average dropped 14 points to 13,561.00 and S&P 500 index futures fell 0.80 points to 1,478.10. Nasdaq 100 futures surged 2.25 points to 2,736.00.

A Peek Into Global Markets European markets were lower today. The STOXX Europe 600 Index fell 0.15%, London's FTSE 100 Index dropped 0.11%, German DAX 30 Index dropped 0.41% and French CAC 40 Index fell 0.26%.

Asian markets ended mostly lower, with Japan's Nikkei Stock Average falling 0.35%, China's Shanghai Composite dropping 0.56% and Australia's S&P/ASX 200 Index climbing 0.01%. Hong Kong's Hang Seng Index gained 0.29% and India's Sensex declined 0.60%.

Broker Recommendation Analysts at Credit Suisse downgraded Amgen (NASDAQ: AMGN) from “outperform” to “neutral.” The target price for Amgen has been lowered from $100 to $90.

Amgen shares fell 1.05% to $81.22 in pre-market trading.

Breaking news

  • Chuy's Holdings (NASDAQ: CHUY) announced today that it has commenced a proposed secondary public offering of 4,500,000 shares of common stock. To read the full news, click here.
  • DuPont Co (NYSE: DD) reported a 70% drop in its fourth-quarter earnings. To read the full news, click here.
  • Baidu (NASDAQ: BIDU) announced today that its Personal Cloud Service (PCS), which includes NetDrive, reached the 30 million registered user mark on January 18. To read the full news, click here.
  • Ampio Pharmaceuticals (NASDAQ: AMPE) announced today that the FDA has accepted the Company's IND for Optina™ for the treatment of diabetic macular edema (DME). To read the full news, click here.

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

 

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