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US stock futures traded higher in early pre-market trade. Hewlett-Packard Company
HPQ shares jumped 7.95% in pre-market trading following the confirmation of split into HP Inc and HP Enterprise. The Fed's labor-market conditions index will be released at around 10 a.m. ET. Futures for the Dow Jones Industrial Average surged 59 points to 16,980.00, while the Standard & Poor's 500 index futures rose 6.70 points to 1,967.00. Futures for the Nasdaq 100 index gained 14.25 points to 4,030.25.
A Peek Into Global Markets
European markets were higher today, with the Spanish Ibex Index rising 1.16%, STOXX Europe 600 Index gaining 0.42%. German DAX 30 index climbed 0.77%, French CAC 40 Index gained 0.14% and London's FTSE 100 Index surged 0.35%.German factory orders declined 5.7% in August.
In Asian markets, Japan's Nikkei Stock Average gained 1.16% and Hong Kong's Hang Seng Index gained 1.09%.
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Analysts at Goldman Sachs upgraded Intuitive Surgical
ISRG from Neutral to Buy. The price target for Intuitive Surgical has been raised from $466 to $584.
Intuitive Surgical's shares closed at $475.21 on Friday.
Breaking news - MaxLinear MXL today announced that it has signed a definitive agreement to acquire Physpeed Co., Ltd., a privately held developer of high-speed physical layer interconnect products addressing enterprise and telecommunications infrastructure market applications. To read the full news, click here.
- Alcobra ADHD today announced topline results from a Phase III study of Metadoxine Extended Release (MDX) in adults with ADHD. To read the full news, click here.
- Chevron CVX today announced that its indirect, wholly-owned subsidiary, Chevron Canada Limited, has reached agreement to sell a 30 percent interest in its Duvernay shale play to Kuwait Foreign Petroleum Exploration Company's wholly-owned subsidiary, KUFPEC Canada Inc., for $1.5 billion. To read the full news, click here.
- Becton, Dickinson BDX and CareFusion CFN announced today a definitive agreement under which BD will acquire CareFusion for $58.00 per share in cash and stock, or a total of $12.2 billion, to create a global leader in medication management and patient safety solutions. To read the full news, click here.
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