US Stock Futures Up; Gold Futures Rise 2%
US stock futures traded higher in early pre-market trade. Gold futures gained 2.04% to trade at $1,197.40 an ounce. Futures for the Dow Jones Industrial Average jumped 28 points to 18,016.00, while the Standard & Poor's 500 index futures rose 2.90 points to 2,081.70. Futures for the Nasdaq 100 index climbed 12.25 points to 4,294.75.
A Peek Into Global Markets
European markets are closed today.
In Asian markets, Japan's Nikkei Stock Average jumped 0.06%, China's Shanghai Composite Index climbed 2.77% and India's Sensex rose 0.12%.
Argus Research maintained Nike, Inc. (NYSE: NKE) with a Buy and raised the price target from $102.00 to $110.00.
Nike's shares gained 0.33% to close at $96.29 on Wednesday.
- Acacia Research Corporation (NASDAQ: ACTG) announced today that its Credit Card Fraud Control Corporation subsidiary has entered into a settlement and patent license agreement with TCSP Inc. dba TrustCommerce. To read the full news, click here.
- Spectrum Pharmaceuticals (NASDAQ: SPPI) today announced the company has submitted a New Drug Application (NDA) to the U.S. Food and Drug Administration (FDA) for the approval of Captisol-Enabled Melphalan (CE-Melphalan) HCl for injection (propylene glycol-free) for use as a high-dose conditioning treatment prior to hematopoietic progenitor (stem) cell transplantation in patients with multiple myeloma.To read the full news, click here.
- Auction.com, known as the 'eBay of real estate, is being accused of using shill bidders to inflate prices, according to a lawsuit filed in California, as reported by the NY Post. To read the full news, click here.
- The euro slipped lower on Friday morning as markets eased back into full swing following the Christmas holidays. The common currency traded at $1.292 at 8:45 GMT, weighed down by encouraging U.S. data. To read the full news, click here.
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