US Stock Futures Surge Ahead Of Walgreen Earnings, Economic Data - eBay (NASDAQ:EBAY)

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Pre-open moversUS stock futures traded higher in early pre-market trade. Walgreen Co (NYSE: WAG) is expected to report its Q4 earnings at $0.74 per share on revenue of $19.02 billion. The S&P/Case-Shiller home price index for July will be released at 9:00 a.m. ET, while the Chicago PMI for September will be released at 9:45 a.m. ET. The Conference Board's consumer confidence index for September will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average jumped 55 points to 17,035.00, while the Standard & Poor's 500 index futures rose 6.70 points to 1,976.20. Futures for the Nasdaq 100 index gained 17.50 points to 4,053.00.

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A Peek Into Global Markets European markets were mostly higher today, with the Spanish Ibex Index rising 0.84%, STOXX Europe 600 Index gaining 0.52%. German DAX 30 index rose 0.48%, French CAC 40 Index climbed 0.99% and London's FTSE 100 Index dropped 0.11%. German unemployment increased by 12,000 in September, while retail sales gained 2.5% in August. French consumer spending surged 0.7% in August versus July, while producer price index declined 0.3% in August versus July.In Asian markets, Japan's Nikkei Stock Average dropped 0.84%, Hong Kong's Hang Seng Index fell 1.28%, China's Shanghai Composite Index rose 0.26% and India's BSE Sensex dropped 0.11%.The final reading of HSBC China Manufacturing PMI came in unchanged at 50.2 in September, versus 50.2 in August.Broker Recommendation

Analysts at Barclays upgraded TIBCO Software (NASDAQ: TIBX) from Underweight to Equal-weight. The target price for TIBCO Software has been raised from $19 to $24. TIBCO Software's shares jumped 21.22% to close at $23.65 on Friday. Breaking news

eBay (NASDAQ: EBAY) today announced Dan Schulman is joining the company as the new President of PayPal, effective immediately. Schulman will become Chief Executive Officer of PayPal following the planned separation of the business into an independent, publicly traded company in the second half of 2015, which also was announced by eBay Inc. today. To read the full news, click here.
News Corp (NASDAQ: NWSA) and Move (NASDAQ: MOVE) announced today that News Corp has agreed to acquire Move, a leading online real estate business that brings consumers and Realtors® together to facilitate the sale and rental of real estate in the United States. To read the full news, click here.
Men's Wearhouse (NYSE: MW) today announced Scott Norris has been named Men's Wearhouse Brand and Moores Brand President and Paul Fitzpatrick has been named Jos. A. Bank's Brand President. To read the full news, click here.
CytRx (NASDAQ: CYTR) today announced the initiation of a global Phase 2b clinical trial evaluating aldoxorubicin compared to topotecan in subjects with extensive-stage small cell lung cancer (SCLC) who have relapsed or were refractory to prior chemotherapy. To read the full news, click here.