US Stock Futures Up Ahead Of Economic Data

US stock futures rose in early pre-market trade, ahead of economic data. Data on durable goods orders, jobless claims and the Chicago Fed National Activity Index will be released at 8:30 a.m. ET. The Chicago PMI will be released at 9:45 a.m. ET, while the Reuter's/University of Michigan's consumer sentiment index will be released at 9:55 a.m. ET. The Conference Board's index of leading indicators will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average surged 19 points to 16,079.00, while the Standard & Poor's 500 index futures rose 2.20 points to 1,804.20. Futures for the Nasdaq 100 index gained 5.50 points to 3,452.75.

European markets were higher today, with the Spanish Ibex Index rising 0.33%, London's FTSE 100 index gaining 0.13% and STOXX Europe 600 Index rising 0.34%. German DAX 30 index rose 0.22% and French CAC 40 Index climbed 0.17%. French consumer confidence declined to 84 in November, versus 85 in October. The UK economy expanded 0.8% in the third quarter. Asian markets ended mixed today. Japan's Nikkei Stock Average dropped 0.42%, China's Shanghai Composite jumped 0.82%, Hong Kong's Hang Seng Index surged 0.53% and India's BSE Sensex fell 0.02%.

Analysts at Goldman Sachs downgraded Tilly's

from “buy” to “neutral.” The target price for Tilly's has been lowered from $17 to $12. Tilly's shares closed at $15.88 yesterday.