A Peek Into The Markets: U.S. Stock Futures Signal Higher Start On Wall Street

Pre-open movers

U.S. stock futures traded higher in early pre-market trade. Chicago Federal Reserve President Charles Evans is set speak at Australian Business Economists Luncheon in Sydney, Australia at 10:00 p.m. ET.

Futures for the Dow Jones Industrial Average climbed 50 points to 18,207.00, while the Standard & Poor’s 500 index futures gained 7.50 points to 2,154.00. Futures for the Nasdaq 100 index rose 15.50 points to 4,874.50.

Oil prices traded higher as Brent crude futures gained 0.52 percent to trade at $52.20 per barrel, while US WTI crude futures also rose 0.24 percent to trade at $49.93 a barrel.

A Peek Into Global Markets

European markets were higher today, with the Spanish Ibex Index rising 0.41 percent, STOXX Europe 600 Index rising 0.08 percent and German DAX 30 index gaining 0.45 percent. The UK's FTSE index was trading higher by 0.09 percent, while French CAC 40 Index rose 0.28 percent.

In Asian markets, Japan’s Nikkei Stock Average fell 0.23 percent, Hong Kong’s Hang Seng Index declined 0.42 percent, China’s Shanghai Composite Index gained 1.45 percent and India’s BSE Sensex rose 0.08 percent.

Broker Recommendation

Analysts at BMO Capital upgraded American Eagle Outfitters AEO from Market Perform to Outperform.

American Eagle shares rose 0.74 percent to $17.60 in pre-market trading.

Breaking news

• Dover Corp. DOV cut its earnings and sales guidance for the year.



• Shares of Twitter Inc TWTR were trading lower by more than 8 percent early Monday following a Bloomberg report which suggested the social media company is no longer being targeted for an acquisition. To read the full news, click here.



• Radware Ltd. RDWR lowered its forecast for the third quarter on Monday.



• Primo Water Corporation PRMW agreed to acquire Glacier Water Services, Inc. for $263 million.