US Stock Futures Up Ahead Of Jobless Claims, Retail Sales Data

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Pre-open movers
US stock futures traded higher in early pre-market trade. Data on weekly jobless claims and retail sales for January will be released at 8:30 a.m. ET. Data on business inventories for December will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average jumped 81 points to 17,912.00, while the Standard & Poor's 500 index futures rose 9.80 points to 2,075.50. Futures for the Nasdaq 100 index climbed 22 points to 4,318.50.
A Peek Into Global Markets
European markets were higher today, with the Spanish Ibex Index rising 2.01%, STOXX Europe 600 Index surging 0.82% and German DAX 30 index gaining 1.69%. French CAC 40 Index climbed 1% and London's FTSE 100 Index rose 0.37%. In Asian markets, Japan's Nikkei Stock Average jumped 1.85%, Hong Kong's Hang Seng Index rose 0.44%, China's Shanghai Composite Index climbed 0.50% and India's BSE Sensex surged 0.95%.
Broker Recommendation
Analysts at Brean Capital downgraded
NetApp, Inc. NTAP
from Buy to Hold.. NetApp's shares rose 0.90% to close at $39.79 yesterday.
Breaking news
  • Sigma-Aldrich Corp. SIAL reported stronger-than-expected earnings for the fourth quarter. To read the full news, click here.
  • Achillion Pharmaceuticals ACHN announced today the pricing of an underwritten public offering of 12,000,000 shares of its common stock at a price to the public of $10.25 per share. All of the shares in the offering will be sold by Achillion. To read the full news, click here.
  • OSN and WWE WWE today announced a five-year partnership to distribute WWE Network as a premium, linear channel in time for WrestleMania® on Sunday, March 29, exclusively on OSN. To read the full news, click here.
  • AbbVie ABBV submitted a New Drug Application to the Japanese Ministry of Health, Labour and Welfare (MHLW) seeking approval for the company's investigational, all-oral, ribavirin (RBV) and interferon (IFN)-free, 12-week, two direct-acting antiviral treatment of ombitasvir/paritaprevir/ritonavir (OBV/PTV/r), dosed once daily. To read the full news, click here.
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Posted In: NewsEurozoneFuturesGlobalPre-Market OutlookMarketsBrean CapitalUS Stock Futures
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