A Peek Into The Market Before The Trading Starts
Pre-open movers US stock futures are mostly flat this morning, as investors are awaiting ADP national employment report and GDP data. Futures for the Dow Jones Industrial Average gained 1 point to 13,909.00 and S&P 500 index futures fell 0.10 points to 1,505.00. Nasdaq 100 futures climbed 2.75 points to 2,745.50.
A Peek Into Global Markets European markets were mostly lower today. The STOXX Europe 600 Index fell 0.32%, London's FTSE 100 Index gained 0.07%, German DAX 30 Index fell 0.05% and French CAC 40 Index declined 0.15%.
Asian markets ended higher, with Japan's Nikkei Stock Average rising 2.28%, China's Shanghai Composite surging 1% and Australia's S&P/ASX 200 Index gaining 0.17%. Hong Kong's Hang Seng Index gained 0.71% and India's Sensex rose 0.07%.
Broker Recommendation Analysts at Goldman Sachs downgraded Harley-Davidson (NYSE: HOG) from “buy” to “neutral.” The target price for Harley-Davidson has been raised from $54 to $58.
Harley-Davidson shares fell 0.22% to $54.40 in after-hours trading.
- Dunkin' Donuts today announced that the company has signed a franchise agreement with Vietnam Food and Beverage Co, whose partners have a proven track record of success in the local restaurant industry, to develop the brand in Vietnam. To read the full news, click here.
- Five Below (NASDAQ: FIVE) today announced the upsizing and pricing of its secondary offering. To read the full news, click here.
- Range Resources (NYSE: RRC) announced today that its estimated unrisked unproved resource potential as of December 31, 2012 increased to 48 – 68 Tcfe, up from 47 – 66 Tcfe at year-end 2011. To read the full news, click here.
- Life Technologies (NASDAQ: LIFE) today announced it will provide a complete laboratory solution to identify an estimated 20,000 human remains found in various mass graves in Libya following the uprising of 2011 and to address missing persons cases from the 42-year regime of Muammar Gaddafi. To read the full news, click here.
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