A Peek Into The Market Before The Trading Starts

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Pre-open movers
US stock futures are lower this morning. Futures for the Dow Jones Industrial Average dropped 25 points to 14,355.00 and S&P 500 index futures fell 2.30 points to 1,548.20. Nasdaq 100 futures declined 5 points to 2,800.50.
A Peek Into Global Markets
European markets were mostly flat today. The STOXX Europe 600 Index rose 0.01%, London's FTSE 100 Index fell 0.01%, French CAC 40 Index rose 0.03% and German DAX 30 index dropped 0.04%. Asian markets ended lower, with Japan's Nikkei Stock Average dropping 0.28%, China's Shanghai Composite falling 1.04% and Australia's S&P/ASX 200 dropping 0.61%. Hong Kong's Hang Seng Index declined 0.87% and India's Sensex dropped 0.56%.
Broker Recommendation
Analysts at Susquehanna upgraded Verifone Systems
PAY
from “neutral” to “positive.” The target price for Verifone has been raised from $20 to $25. Verifone shares surged 7.58% to $22.01 in after-hours trading.
Breaking news
  • SodaStream International SODA today announced a strategic agreement with Cott Beverages, a subsidiary of Cott COT, to produce flavors made specifically for the SodaStream carbonation system. To read the full news, click here.
  • R. R. Donnelley & Sons RRD today announced that it has been awarded a multi-year agreement by International Airlines Group (IAG) and its subsidiaries British Airways, Iberia and Avios. To read the full news, click here.
  • Ceragon Networks CRNT, the #1 wireless backhaul specialist, today announced that it has received follow on orders from Telefónica. To read the full news, click here.
  • Costco Wholesale COST reported a 39% rise in its fiscal-second-quarter net income. To read the full news, click here.
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Posted In: NewsFuturesGlobalPre-Market OutlookMarketsSusquehannaUS Stock Futures
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