US Stock Futures Signal Higher Start On Wall Street

Loading...
Loading...
Pre-open movers
US stock futures traded higher in early pre-market trade. Futures for the Dow Jones Industrial Average jumped 41.5 points to 17,362.5, while the Standard & Poor's 500 index futures rose 6.15 points to 2,079.65. Futures for the Nasdaq 100 index surged 14.20 points to 4,533.20.
A Peek Into Global Markets
European markets were mostly higher today, with the Spanish Ibex Index rising 0.91 percent, STOXX Europe 600 Index gaining 0.10 percent and German DAX 30 index gaining 0.32 percent. French CAC 40 Index climbed 0.39 percent and London's FTSE 100 Index fell 0.73 percent. In Asian markets, Japan's Nikkei Stock Average rose 0.41 percent, Hong Kong's Hang Seng Index declined 0.13 percent, China's Shanghai Composite Index jumped 4.92 percent and India's BSE Sensex fell 0.48 percent.
Broker Recommendation
Analysts at Macquarie upgraded
Texas Instruments IncorporatedTXN
from Neutral to Outperform and raised the price target from $55.00 to $60.00. Texas Instruments shares gained 0.14 percent to close at $50.32 on Friday.
Breaking news
  • Impax Laboratories, Inc. IPXL today announced that it has sold its U.S. rights to the Daraprim brand to Turing Pharmaceuticals AG for approximately $55 million. To read the full news, click here.
  • AES Corp AES reported weaker-than-expected earnings for the second quarter on Monday. To read the full news, click here.
  • Mallinckrodt plc MNK and The Gores Group announced today that they have entered into a definitive agreement under which a subsidiary of Mallinckrodt will acquire Therakos, Inc. a leading immunotherapy company in a transaction valued at approximately $1.325 billion. To read the full news, click here.
  • Alibaba Group Holding Limited BABA and Suning Commerce Group Limited today announced that Alibaba will invest approximately RMB28.3 billion (US$4.63 billion) for a 19.99% stake in Suning, one of the largest consumer electronics retail chains in China. To read the full news, click here.
Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: NewsEurozoneFuturesGlobalPre-Market OutlookMarketsMacquarieUS 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...