US Stock Futures Signal Higher Start On Wall Street

Pre-open moversUS 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 MarketsEuropean 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 RecommendationAnalysts at Macquarie upgraded Texas Instruments Incorporated (NASDAQ: TXN) 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. (NASDAQ: 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 (NYSE: AES) reported weaker-than-expected earnings for the second quarter on Monday. To read the full news, click here.
• Mallinckrodt plc (NYSE: 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 (NYSE: 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.