Market Overview

A Peek Into The Market Before The Trading Starts

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Pre-open movers US stock futures are higher this morning, as investors are awaiting economic data. Futures for the Dow Jones Industrial Average surged 19 points to 14,417.00 and S&P 500 index futures rose 2 points to 1,552.00. Nasdaq 100 futures gained 4.75 points to 2,798.25.

A Peek Into Global Markets European markets were higher today. The STOXX Europe 600 Index rose 0.46%, London's FTSE 100 Index gained 0.23%, French CAC 40 Index rose 0.52% and German DAX 30 index surged 0.54%.

Asian markets ended mostly higher, with Japan's Nikkei Stock Average gaining 1.16%, China's Shanghai Composite rising 0.28% and Australia's S&P/ASX 200 dropping 0.47%. Hong Kong's Hang Seng Index climbed 0.28% and India's Sensex jumped 1.07%.

Broker Recommendation Analysts at RBC Capital upgraded VMware (NYSE: VMW) from “sector perform” to “outperform.” The target price for VMware has been raised from $90 to $110.

VMware shares gained 1.11% to $82.27 in pre-market trading.

Breaking news

  • IRIS from Envista, a new Platform-as-a-Service (PaaS) that allows the rapid configuration of custom apps for the utility, pipeline and other industries, signed an agreement with Google (NASDAQ: GOOG) to utilize and resell Google Maps Engine. To read the full news, click here.
  • Boeing (NYSE: BA), the Lufthansa Group (OTC: DLKAY) and Swiss International Air Lines (SWISS) announced a commitment today for six 777-300ER (Extended Range) airplanes. To read the full news, click here.
  • Sinovac Biotech (NASDAQ: SVA) announced today preliminary top-line data from its Phase III clinical trial assessing the efficacy, immunogenicity and safety of the Company's proprietary Enterovirus 71 vaccine against hand, foot and mouth disease. To read the full news, click here.
  • Infosys (NASDAQ: INFY) today announced it has been selected by BMW Group as its worldwide partner for application basis infrastructure management services. To read the full news, click here.

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


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