US Stock Futures Flat Ahead Of Retail Sales, Consumer Sentiment Data

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Pre-open movers
US stock futures traded mostly flat in early pre-market trade. Data on retail sales for October and import price index for October will be released at 8:30 a.m. ET. The Reuter's/University of Michigan's consumer sentiment index for November will be released at 9:55 a.m. ET, while business inventories data for September will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average gained 2 points to 17,598.00, while the Standard & Poor's 500 index futures fell 0.20 points to 2,033.90. Futures for the Nasdaq 100 index rose 2.25 points to 4,207.25.
A Peek Into Global Markets
European markets were lower today, with the Spanish Ibex Index dropping 0.45%, STOXX Europe 600 Index falling 0.44%. German DAX 30 index slipped 0.57%, French CAC 40 Index declined 0.38% and London's FTSE 100 Index dropped 0.34%. The French economy expanded by 0.3% in the third quarter versus the second quarter. In Asian markets, Japan's Nikkei Stock Average jumped 0.56%, Hong Kong's Hang Seng Index rose 0.28%, China's Shanghai Composite Index fell 0.27% and India's Sensex gained 0.38%.
Broker Recommendation
Analysts at Cowen & Company upgraded Raytheon Company
RTN
from Market Perform to Outperform and raised the price target from $105.00 to $120.00. Raytheon's shares fell 0.27% to close at $103.12 yesterday.
Breaking news
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  • Landmark Infrastructure Partners LP LMRK announced today the pricing of its initial public offering of 2,650,000 common units representing limited partner interests in the Partnership at $19.00 per Common Unit. To read the full news, click here.
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Posted In: NewsEurozoneFuturesGlobalPre-Market OutlookMarketsCowen & CompanyUS Stock Futures
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