US Stock Futures Edge Higher Ahead Of Jobless Claims

Loading...
Loading...
Pre-open movers
US stock futures traded slightly higher in early pre-market trade. Data on weekly jobless claims will be released at 8:30 a.m. ET, while factory orders data for August will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average gained 4 points to 16,744.00, while the Standard & Poor's 500 index futures rose 2.10 points to 1,942.90. Futures for the Nasdaq 100 index gained 5.25 points to 3,988.25.
A Peek Into Global Markets
European markets were lower today, with the Spanish Ibex Index dropping 0.48%, STOXX Europe 600 Index dropping 0.55%. German DAX 30 index fell 0.13%, French CAC 40 Index declined 0.25% and London's FTSE 100 Index dropped 0.24%. The eurozone manufacturing PMI declined to 50.3 in September, versus a prior estimate of 50.5. German's manufacturing PMI dropped to 49.9 in September. In Asian markets, Japan's Nikkei Stock Average dropped 2.61%.
Broker Recommendation
Cowen & Company upgraded Autodesk
ADSK
from Market Perform to Outperform. Autodesk's shares closed at $55.66 yesterday.
Breaking news
  • Berkshire Hathaway BRK and Van Tuyl Group announced today that they have entered into a definitive agreement pursuant to which Berkshire Hathaway will acquire the Van Tuyl Group, the nation's largest privately-owned auto dealership group and which ranks fifth among all U.S. auto dealership groups. To read the full news, click here.
  • ICF International ICFI , has been awarded a new task order for the Pension Benefit Guaranty Corporation (PBGC) under the National Institutes of Health (NIH) multiple-award Indefinite Delivery Indefinite Quantity (IDIQ) contract Chief Information Officer – Solutions and Partners 3 (CIO-SP3). The task order has a ceiling value of $25 million and a term of one base year and three option years. To read the full news, click here.
  • AR Capital Acquisition Corp. announced today that it priced its initial public offering of 24,000,000 units at an initial public offering price of $10.00 per unit. To read the full news, click here.
  • China Yuchai International CYD today that its main operating subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL") has divested its entire 70% shareholding interest in Jining Yuchai Engine Company Limited ("Jining Yuchai"), its diesel car engine manufacturing joint-venture with Zhejiang Geely Holding Group Co., Ltd. To read the full news, click here.
Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: NewsEurozoneFuturesGlobalPre-Market OutlookMarketsCowen & CompanyUS Stock Futures
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...