Market Overview

A Peek Into The Market Before The Trading Starts

A Peek Into The Market Before The Trading Starts
Related GLNG
Golar LNG Limited Board Changes
Golar Enters Into Agreements for Third Floating Liquefaction Facility
Golar LNG, Golar LNG Partners earn Buy ratings at Stifel (Seeking Alpha)
Related SEAC
Morning Market Gainers
Earnings Scheduled For June 4, 2015

Pre-open movers US stock futures are mostly higher this morning. Futures for the Dow Jones Industrial Average surged 8.00 points to 15,183.00 and S&P 500 index futures dropped 0.30 points to 1,647.70. Nasdaq 100 futures gained 0.75 points to 2,996.00.

A Peek Into Global Markets European markets were higher today. The STOXX Europe 600 Index rose 0.52%, London's FTSE 100 index gained 0.14%, French CAC 40 Index gained 0.28% and German DAX 30 index rose 0.15%.

Asian markets ended higher, with Japan's Nikkei Stock Average jumping 2.29%, China's Shanghai Composite surging 0.35% and Australia's S&P/ASX 200 index dropping 0.56%. Hong Kong's Hang Seng Index rose 0.50% and India's Sensex gained 2.49%.

Broker Recommendation Analysts at Goldman Sachs downgraded Golar LNG (NASDAQ: GLNG) from “neutral” to “sell.” The target price for Golar LNG has been lowered from $41.00 to $32.50.

Golar LNG's shares closed at $35.88 yesterday.

Breaking news

  • SeaChange International (NASDAQ: SEAC), a leading global multi-screen video software innovator, today announced that Denmark's second largest cable television operator, Stofa, has signed a multi-year service and maintenance contract for its SeaChange Adrenalin VOD (video-on-demand) services. To read the full news, click here.
  • Illumina (NASDAQ: ILMN) today announced it is collaborating with leading providers of liquid handling robotic platforms to develop automation methods for its best-in-class TruSeq and Nextera Sample Preparation kits. To read the full news, click here.
  • Arctic Cat Inc. (NASDAQ: ACAT) announced today that its board of directors approved the reinstatement of a quarterly cash dividend to shareholders. To read the full news, click here.
  • Sucampo Pharmaceuticals (NASDAQ: SCMP) (SPI) today announced that NASDAQ OMX Group (NASDAQ: NDAQ) will include the company in the NASDAQ Biotechnology Index (NASDAQ: NBI) effective prior to market open on Monday, May 20, 2013. To read the full news, click here.

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


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