US Stock Futures Signal Higher Start On Wall Street

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Pre-open movers
US stock futures traded higher in early pre-market trade. The Kansas City Fed composite manufacturing index for November will be released at 11:00 a.m. ET. Futures for the Dow Jones Industrial Average surged 58.5 points to 17,765.5, while the Standard & Poor's 500 index futures rose 4.75 points to 2,084.00. Futures for the Nasdaq 100 index gained 9.12 points to 4,669.12.
A Peek Into Global Markets
European markets were mostly higher today, with the Spanish Ibex Index falling 0.50 percent, STOXX Europe 600 Index surging 0.23 percent and German DAX 30 index gaining 0.34 percent. French CAC 40 Index slipped 0.06 percent and London's FTSE 100 Index rose 0.13 percent. In Asian markets, Japan's Nikkei Stock rose 0.10 percent, Hong Kong's Hang Seng Index climbed 1.13 percent, China's Shanghai Composite Index jumped 0.37 percent and India's BSE Sensex rose 0.10 percent.
Broker Recommendation
Analysts at JMP Securities upgraded
Intel CorporationINTC
from Market Perform to Market Outperform. Intel shares rose 0.87 percent to $34.60 in pre-market trading.
Breaking news
  • Shares of Foot Locker, Inc. FL jumped more than 8 percent in pre-market trading after the company reported upbeat results for the third quarter on Friday. To read the full news, click here.
  • Hibbett Sports, Inc. HIBB reported better-than-expected earnings for the third quarter on Friday. To read the full news, click here.
  • Spectrum Pharmaceuticals, Inc. SPPI announced today the Company has submitted an IND application to the U.S. Food and Drug Administration (FDA) and plans to initiate a Phase 2 breast cancer study in the U.S. as soon as possible. To read the full news, click here.
  • Shares of Intuit Inc. INTU jumped over 12 percent in pre-market trading after the company reported better-than-expected results for its fiscal first quarter and raised its FY16 earnings outlook. To read the full news, click here.
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Posted In: EarningsNewsEurozoneFuturesGlobalPre-Market OutlookMarketsJMP SecuritiesUS Stock Futures
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