US Stock Futures Flat Ahead Of Coca-Cola Earnings, Housing Data


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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Pre-open moversUS stock futures traded mostly flat in early pre-market trade, ahead of earnings from Coca-Cola Co (NYSE: KO). The Empire State manufacturing index for February will be released at 8:30 a.m. ET, while the NAHB housing market index for February and e-commerce retail sales for the fourth quarter will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average gained 4 points to 16,131.00, while the Standard & Poor's 500 index futures fell 1.30 points to 1,833.70. Futures for the Nasdaq 100 index dropped 2.25 points to 3,658.75.

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A Peek Into Global Markets European markets were lower today, with the Spanish Ibex Index falling 0.84%, London's FTSE 100 index dropping 0.08% and STOXX Europe 600 Index declining 0.45%. German DAX 30 index fell 0.21% and French CAC 40 Index tumbled 0.47%. The euro zone's current account surplus fell to 21.3 billion euros ($29.2 billion) in December, versus a revised EUR23.3 billion in November. UK's consumer price inflation fell to an annual rate of 1.9% in January. German ZEW indicator of economic sentiment fell 6 points to 55.7 in February.Asian markets ended mostly higher today. Japan's Nikkei Stock Average jumped 3.13%, Hong Kong's Hang Seng Index rose 0.23%, China's Shanghai Composite Index dropped 0.77% and India's BSE Sensex surged 0.83%.Broker RecommendationAnalysts at Morgan Stanley upgraded Forest Laboratories (NYSE: FRX) from “equal-weight” to “overweight.” The price target for Forest Laboratories is set to $86. Forest Labs' shares closed at $71.39 on Friday. Breaking news
  • Actavis (NYSE: ACT) and Forest Laboratories (NYSE: FRX) today announced that they have entered into a definitive agreement under which Actavis will acquire Forest for a combination of cash and equity valued at approximately $25 billion or $89.48 per Forest share ($26.04 in cash and 0.3306 Actavis shares for each share of Forest common stock). To read the full news, click here.
  • TAT Technologies (NASDAQ: TATT) today announced that it has entered into an agreement to sell its entire interest in Bental Industries, constituting 70% of Bental's issued and outstanding share capital, to Bental Investments Agshah, for an aggregate consideration of $5 million. To read the full news, click here.
  • Hanwha SolarOne (NASDAQ: HSOL) announced that the Company's at-the-market offering of American Depositary Shares, each representing five ordinary shares of par value US$0.0001 per share, was terminated on January 29, 2014. To read the full news, click here.
  • Danaher (NYSE: DHR) announced today that its Board of Directors has approved a regular quarterly dividend of $0.10 per share payable on April 25, 2014 to holders of record on March 28, 2014. To read the full news, click here.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: NewsEurozoneFuturesGlobalPre-Market OutlookMarketsMorgan StanleyUS Stock Futures