Market Overview

US Stock Futures Nudge Higher Ahead Of Jobs Data

Share:
US Stock Futures Nudge Higher Ahead Of Jobs Data
Related GME
The Top 10 Dividend Stocks Of 2015
Video Game Industry Outlook 'Still Blurry,' Credit Suisse Analysts Warn
Related USAT
Friday's After-Hours Movers: Bojangles, Lululemon And More
Earnings Scheduled For February 17, 2015

Pre-open movers

US stock futures gained in early pre-market trading, ahead of jobs data. Data on nonfarm payroll employment for March will be released at 8:30 a.m. ET. Futures for the Dow Jones Industrial Average surged 20 points to 16,521.00, while the Standard & Poor's 500 index futures rose 2.70 points to 1,885.70. Futures for the Nasdaq 100 index gained 7.75 points to 3,638.50.

A Peek Into Global Markets

European markets were mostly higher today, with the Spanish Ibex Index falling 0.05%, London's FTSE 100 index gaining 0.45% and STOXX Europe 600 Index rising 0.16%. German DAX 30 index surged 0.35% and French CAC 40 Index rose 0.25%. German manufacturing orders rose 0.6% in February.

Asian markets ended mostly lower today. Japan's Nikkei Stock Average fell 0.05%, Hong Kong's Hang Seng Index declined 0.24% and China's Shanghai Composite Index rose 0.74% and India's BSE Sensex dropped 0.66%

Broker Recommendation

Analysts at Bank of America upgraded Gamestop (NYSE: GME) from “neutral” to “buy.” The target price for Gamestop has been raised from $43 to $56.

Gamestop's shares closed at $44.39 yesterday.

Breaking news

  • USA Technologies (NASDAQ: USAT) today announced a new, exclusive agreement with The Pepi Companies that USAT believes exemplifies the future of integrated cashless payment, telemetry and consumer engagement services. To read the full news, click here.
  • Intercept Pharmaceuticals (NASDAQ: ICPT) today announced the pricing of its previously announced underwritten public offering of 1,000,000 shares of its common stock at a public offering price of $320.00 per share. To read the full news, click here.
  • Arthur J. Gallagher & Co (NYSE: AJG) today announced the acquisition of Mike Henry Insurance Brokers Limited (MHIB) headquartered in Auckland, New Zealand. To read the full news, click here.
  • Sales at General Motors Co (NYSE: GM) and its Chinese joint ventures rose 7.8% y/y to 313,283 vehicles in China in March, versus a 19.9% gain in February. To read the full news, click here.

Posted-In: Bank of America US Stock FuturesNews Global Pre-Market Outlook

 

Related Articles (AJG + GM)

Get Benzinga's Newsletters