Market Overview

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 13,695.00 and S&P 500 index futures fell 1.50 points to 1,487.90. Nasdaq 100 futures surged 3 points to 2,754.00.

A Peek Into Global Markets European markets were mixed today. The STOXX Europe 600 Index fell 0.09%, London's FTSE 100 Index gained 0.11%, German DAX 30 Index rose 0.20% and French CAC 40 Index fell 0.32%.

Asian markets ended mostly higher, with Japan's Nikkei Stock Average falling 2.08%, China's Shanghai Composite rising 0.25% and Australia's S&P/ASX 200 Index climbing 0.19%. Hong Kong's Hang Seng Index dropped 0.10% and India's Sensex rose 0.23%.

Broker Recommendation Analysts at Canaccord upgraded Verizon Communications (NYSE: VZ) from “hold” to “buy.” The target price for Verizon has been raised from $47 to $50.

Verizon shares rose 0.26% to $43.05 in pre-market trading.

Breaking news

  • Baker Hughes (NYSE: BHI) reported a 32% drop in its fourth-quarter earnings. To read the full news, click here.
  • AngioDynamics (NASDAQ: ANGO) today announced it has exercised the option to purchase certain assets of Microsulis Medical Ltd. To read the full news, click here.
  • Vanda Pharmaceuticals (NASDAQ: VNDA), today announced positive results for the second Phase III study of tasimelteon for the treatment of Non-24-Hour Disorder (Non-24). To read the full news, click here.
  • Research In Motion (NASDAQ: RIMM) today announced that its new Enterprise Mobility Management (EMM) solution, BlackBerry(R) Enterprise Service 10, is now available for download. To read the full news, click here.

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

 

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