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 31 points to 14,855.00 and S&P 500 index futures rose 3.80 points to 1,599.30. Nasdaq 100 futures gained 6.25 points to 2,889.25. A Peek Into Global Markets European markets were mixed today. The STOXX Europe 600 Index declined 0.11%, London's FTSE 100 index gained 0.35%, French CAC 40 Index dropped 0.13% and German DAX 30 index rose 0.03%. Asian markets ended mostly higher, with Japan's Nikkei Stock Average jumping 2.96%, China's Shanghai Composite dropping 0.08% and Australia's ASX/S&P500 rising 1.64%. Hong Kong's Hang Seng Index gained 0.50% and India's Sensex surged 1.75%. Broker Recommendation Analysts at Wedbush upgraded Informatica INFA from “neutral” to “outperform.” The target price for Informatica has been raised from $36 to $42. Informatica's shares closed at $34.50 yesterday. Breaking news

• AngioDynamics ANGO announced it has received two key port product clearances. To read the full news, click here.
• Permaswage Holding SAS, the world-leading designer and manufacturer of aerospace fluid fittings, an investment of the European private equity firm Bridgepoint, has been sold, subject to regulatory approvals, to Precision Castparts PCP in a $600 million, all cash, transaction. To read the full news, click here.
• The Hartford has signed a definitive agreement to sell its subsidiary, Hartford Life International Limited (HLIL), in a cash transaction to Columbia Insurance Company, a Berkshire Hathaway BRK company, for approximately $285 million. To read the full news, click here.
• McCormick & Co MKC reported a 2.2% drop in its fiscal second-quarter earnings. To read the full news, click here.