A Peek Into The Market Before The Trading Starts
Pre-open movers US stock futures are higher this morning, as investors are awaiting economic data. Futures for the Dow Jones Industrial Average surged 51 points to 14,639.00 and S&P 500 index futures rose 6.50 points to 1,572.70. Nasdaq 100 futures gained 12.75 points to 2,856.75.
A Peek Into Global Markets European markets were higher today. The STOXX Europe 600 Index surged 1.12%, London's FTSE 100 index gained 0.83%, French CAC 40 Index climbed 1.42% and German DAX 30 index rose 1.41%.
Asian markets ended mostly lower, with Japan's Nikkei Stock Average falling 0.72%, China's Shanghai Composite dropping 0.19% and Australia's ASX/S&P500 falling 0.38%. Hong Kong's Hang Seng Index gained 0.21% and India's Sensex surged 0.48%.
Broker Recommendation Analysts at Deutsche Bank downgraded Vanguard Health Systems (NYSE: VHS) from “buy” to “hold.” The target price for Vanguard Health has been raised from $16.50 to $21.
Vanguard Health's shares closed at $20.70 yesterday.
- Fluor (NYSE: FLR) announced today that it was awarded a contract by Sasol Technology (Pty.) Ltd. to perform basic engineering services associated with the Natref Clean Fuels 2 Project in Sasolburg, South Africa. To read the full news, click here.
- Lennar (NYSE: LEN) reported a drop in its second-quarter net income. To read the full news, click here.
- Rite Aid (NYSE: RAD) today announced the completion of a portion of its previously announced debt refinancing transactions that extends the maturity on a portion of Rite Aid's outstanding indebtedness and lowers interest expense. To read the full news, click here.
- Vical (NASDAQ: VICL) and Astellas Pharma today announced the initiation of a multinational Phase 3 registration trial of ASP0113 (TransVax™), in approximately 500 hematopoietic cell transplant (HCT) recipients. To read the full news, click here.
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