US Stock Futures Gain; All Eyes On Jobs Report
US stock futures gained in early pre-market trade, ahead of jobs data. Data on nonfarm payroll employment for December will be released at 8:30 a.m. ET, while wholesale trade data for November will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average jumped 50 points to 16,441.00, while the Standard & Poor's 500 index futures gained 6 points to 1,839.00. Futures for the Nasdaq 100 index rose 17.50 points to 3,565.25.
A Peek Into Global Markets
European markets were higher today, with the Spanish Ibex Index surging 0.64%, London's FTSE 100 index gaining 0.88% and STOXX Europe 600 Index climbing 0.66%. German DAX 30 index rose 0.81% and French CAC 40 Index surged 0.73%. UK retail sales rose 0.4% in December. French industrial production climbed 1.3% in November versus the prior month.
Asian markets ended mostly higher today. Japan's Nikkei Stock Average gained 0.20%, China's Shanghai Composite fell 0.71%, Hong Kong's Hang Seng Index climbed 0.26% and India's BSE Sensex rose 0.22%. Indian exports climbed 3.49% y/y to $26.35 billion in December, versus a 5.86% growth in November. China's exports increased 4.3% y/y in December, versus a 12.7% rise in November.
Analysts at Bank of America upgraded TrueBlue (NYSE: TBI) from “neutral” to “buy.” The target price for TrueBlue has been raised from $28 to $31. TrueBlue's shares closed at $26.29 yesterday.
- PharMerica (NYSE: PMC) today announced that on December 31, 2013 it completed the all-cash acquisition of BGS Pharmacy Partners. To read the full news, click here.
- Philip Morris International (NYSE: PM) today announced an investment of up to €500 million into its first manufacturing facility in the European Union and an associated pilot plant near Bologna, Italy to produce its potentially reduced-risk tobacco products. To read the full news, click here.
- Baker Hughes (NYSE: BHI) announced today that the U.S. onshore well count for the fourth quarter 2013 is 9,056 wells; down 19 wells from the revised 9,075 wells counted in the third quarter 2013. To read the full news, click here.
- Infosys (NASDAQ: INFY) reported a 21% gain in its third-quarter net profit. To read the full news, click here.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.